American Savings Bank Closes Upsized IPO

MT newswire2026/09/21 20:35

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

04:35 PM EDT, 09/21/2026 (MT Newswires) -- American Savings Bank (ASBH) said late Monday it closed its upsized initial public offering of nearly 8.1 million common shares by the selling stockholders at $16 apiece. The company also reported the closing of the subsequent exercise of an over-allotment option by the underwriters to buy up to an additional 1.2 million shares, according to a statement. The company said it did not receive any proceeds from the sale.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

German equipment manufacturer SCHMID has disclosed that it is collaborating with core firms in the supply chains of Intel, Nvidia, and AMD to develop glass substrate production equipment. Glass substrates are expected to replace silicon interposers, enhancing packaging density and data transmission capacity, and allowing for the integration of more HBMs. However, obstacles remain in the TGV metallization process, end-customer certification has not yet been completed, and large-scale commercialization will still take time.

华尔街见闻•2026/09/25 10:16

Soma Gold Appoints New President

MT newswire•2026/09/25 10:10