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Investment Brokerages IPOs image Investment Brokerages IPOs » By The Online Investor Staff, updated Mon., Feb. 6, 12:25 AM
Recent initial public offerings in the Investment Brokerages IPOs category.

Slide #1. RiverBanc Multifamily Investors, Inc. Initial Public Offering

Company: RiverBanc Multifamily Investors, Inc.
Proposed Symbol: RMI
Shares Offered: 3,800,000
Price Per Share: $19.00-$20.00
Over-Allotment: 570,000
Description: RiverBanc Multifamily Investors, Inc. (the "Company"), a Maryland corporation, today announced that it has commenced the underwritten initial public offering of 3,800,000 shares of its common stock (the "Offering") pursuant to a registration statement filed on Form S-11 with the Securities and Exchange Commission. The Company was formed to acquire and manage a diverse portfolio of structured investments in multifamily apartment communities and intends to qualify and elect to be taxed as a real estate investment trust for the year ending December 31, 2015. In connection with the Offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 570,000 shares of its common stock at the initial public offering price. The estimated price range for the initial public offering is $19.00 to $20.00 per share of common stock. After pricing the Offering, the Company expects that its common stock will trade on the NASDAQ Capital Market under the symbol "RMI".

IPOs: RiverBanc Multifamily Investors, Inc.

List of Investment Brokerages IPOs in this Slideshow: Company Ticker IPO Date Ares Dynamic Credit Allocation Fund, Inc. ARDC 11/30/2012 StoneCastle Financial Corp. BANX 11/7/2013 Moelis & Company MC Virtu Financial, Inc. VIRT 4/16/2015 RiverBanc Multifamily Investors, Inc. RMI

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