On September 16, 2022, LINKBANCORP, Inc., the holding company of The Gratz Bank, including its LINKBANK division, closed its initial public offering of common stock. LINKBANCORP sold 4,575,000 shares of its common stock at a public offering price of $7.50 per share. This is the second firm commitment Bank IPO completed this year.
Luse Gorman served as legal counsel to LINKBANCORP in the stock offering. The Luse Gorman team included Benjamin Azoff, Gregory Sobczak and Ellie Cook.
LINKBANCORP, Inc., headquartered in Harrisburg, Pennsylvania, has $1.1 billion in assets and operates through 10 client solutions centers throughout Central and Southeastern Pennsylvania.
Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.