New ETF Book by Larry Connors - Click here to read more
The minimum investment accepted from any outside investor is $0.25 million. The securities issued are in the form of debt and option, warrant, or other right to acquire another security.
Sandler O'Neill & Partners, L.P. acted as broker for the offering.
Deal Value (US$ Million) 14 Deal Type Private Placement Sub-Category None Deal Status Completed: 2009-08-24
Deal Participants
Target (Company) Smithtown Bancorp, Inc. Acquirer (Company) Sandler O'Neill & Partners, L.P.
Deal Rationale
The proceeds from the offering will be used for payments to any of the persons required to be named as executive officers, directors, or promoters.
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