HomeTrust Bank Sees Selling 21.16M Shares at $10, Approves Plan to Convert to Stock Holding Company
HomeTrust Bancshares, Inc., the proposed stock holding company for HomeTrust Bank (the "Bank"), announced today that the Bank's members approved the plan of conversion to the stock holding company form of organization at the Special Meeting of Members held for that purpose on June 28, 2012.
HomeTrust Bancshares also announced that it expects to complete the sale of 21,160,000 shares of common stock at $10.00 per share, for gross offering proceeds of $211,600,000. The offering was oversubscribed in the community offering. Accordingly, all valid orders in the subscription offering will be filled in their entirety, and all valid orders in the community offering will be filled in accordance with the allocation and priority procedures described in the prospectus and as set forth in the Bank's plan of conversion.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.