Atlanticus holdings corporation prices $70 million offering of series b cumulative perpetual preferred stock

Atlanta, june 09, 2021 (globe newswire) -- atlanticus holdings corporation (nasdaq: atlc) (“atlanticus” or the “company”) today announced the pricing of its underwritten registered public offering of 2,800,000 shares of 7.625% series b cumulative perpetual preferred stock, no par value and liquidation preference of $25.00 per share (the “preferred stock”) at an initial public offering price of $25.00 per share, raising gross proceeds of $70 million before deducting underwriting discounts, the structuring fee and other estimated offering expenses.
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