UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
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MID PENN BANCORP, INC.
FORM 8-K
| Item 8.01 | Other Events |
On November 4, 2024, Mid Penn Bancorp, Inc. (the “Company”) completed its underwritten public offering of 2,375,000 shares of the Company’s common stock at a price to the public of $29.50 per share, before underwriting discounts. The aggregate gross proceeds of the offering were $70 million. The net proceeds of the offering after deducting the underwriting discount and other estimated offering expenses are expected to be approximately $67 million.
On November 4, 2024, Stephens Inc. and Piper Sandler & Co. (the “Underwriters”) also notified the Company of their determination to exercise their option to purchase up to an additional 356,250 shares of the Company’s common stock, in full, at the public offering price less underwriting discounts and commissions, or $28.025 per share. The Underwriters designated November 5, 2024 as the closing date.
A copy of the press release issued by Company announcing the closing of the offering is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. |
Description | |
| 99.1 | Press Release dated November 4, 2024 | |
| 104. | Cover Page Interactive Date File (embedded within the XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MID PENN BANCORP, INC. | ||||||
| Date: November 4, 2024 | /s/ Rory G. Ritrievi | |||||
| Rory G. Ritrievi | ||||||
| President and Chief Executive Officer | ||||||