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Hampton Roads Bankshares (HMPR) is raising up to $95M through a combined $50M common stock...

Hampton Roads Bankshares (HMPR) is raising up to $95M through a combined $50M common stock private placement and a public rights offering at $0.70 per share. Shares -15.9% AH.
Comments (1)
  • Ron Myers
    , contributor
    Comments (254) | Send Message
     
    Wow, so brutal, granted this bank was desperate but the stock closed at $3.30!!! Just checked the proxy; totally standard that shareholders get whacked yet they are increasing the executive comp plans to make up for the dilution.
    21 May 2012, 07:12 PM Reply Like
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