461M

Silvergate Bank is looking to raise around $461 million through sale of 3.31 million shares of common stock.The crypto-focused bank estimates that net proceeds will be around $532 million if underwriters exercise their option to purchase additional shares in full, according to a filing Wednesday.Silvergate intends to use the net proceeds to supplement its regulatory capital … [Read more...] about Silvergate Bank Looks to Raise $461M in Public Stock Offering