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Amalgamated Bank Celebrates Initial Public Offering
Amalgamated Bank (“Amalgamated”), a commercial bank and a chartered trust company that specializes in providing banking services for socially responsible and values-based clients, today celebrated its first day as a public company trading on the Nasdaq Stock Market under the ticker symbol “AMAL”. The company’s leadership team will join with employees from all levels of the bank to ring the opening bell at Nasdaq on Friday, August 10, 2018 to mark the milestone.
Amalgamated Bank Announces Pricing of Initial Public Offering of Common Stock
Amalgamated Bank (“Amalgamated”) (Nasdaq: AMAL) today announced the pricing of its initial public offering of 6,718,729 shares of Class A common stock at a public offering price of $15.50 per share. The underwriters have also been granted a 30-day option to purchase up to an additional 1,007,809 shares of Class A common stock. All of the shares in the offering are to be sold by the selling stockholders. Amalgamated will not receive any proceeds from the offering.
Amalgamated Bank Announces Launch of Initial Public Offering of Common Stock
Amalgamated Bank (“Amalgamated”) today announced the launch of its initial public offering of 6.7 million shares of Class A common stock. The initial public offering price is expected to be between $15.00 to $17.00 per share. The shares will be offered by certain selling stockholders. Amalgamated’s common stock is expected to trade on the Nasdaq Global Market under the ticker symbol “AMAL.”
Amalgamated Bank Completes Merger with New Resource Bank
Amalgamated Bank, America’s socially responsible bank, today announced it has completed its merger with New Resource Bank.
The case for unions in 2017
In our rapidly-shifting and uncertain political landscape, the ability of unions to fulfill their responsibilities and protect their right to organize is absolutely critical.
A plea for fair and inclusive immigration policy
The debate surrounding immigration has always been a lively one wherein politicians have presented arguments advocating for everything from amnesty to closing the borders.
Where do we go from here? Progressive banking in a new political era
From our vantage point as the leading progressive bank, it feels these days like, as a country, we are not making the progress our great nation is capable of. There is talk of instituting an isolationist foreign policy that will evoke for many memories of the 1930s.
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