LOS ANGELES--(BUSINESS WIRE)--Open Bank (OTCBB: OPBK) (the โBankโ), today announced the closing of a private placement totaling $30 million of common stock. The proceeds from the capital raise will be used for general corporate purposes, including supporting the growth of the Bank. The Company issued 5,000,000 shares of common stock, no par value at a price of $6.00 per share. The shares were ...
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