The Online Investor
Investment Brokerages IPOs image Investment Brokerages IPOs » By The Online Investor Staff, updated Fri., Oct. 22, 1:44 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

Investment Brokerages IPOs Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.