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home / news releases / LDKB - Ambassador Financial Group Inc. Advises Landmark Bancorp Inc. on its $6 million Common Equity Private Placement


LDKB - Ambassador Financial Group Inc. Advises Landmark Bancorp Inc. on its $6 million Common Equity Private Placement

ALLENTOWN, Pa., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Ambassador Financial Group, Inc. is pleased to announce it acted as adviser to Landmark Bancorp, Inc. (OTC Pink: LDKB) in regard to its $6 million common equity private placement. The offering of common equity priced at $15.44 per share and closed December 17, 2018.

Ambassador Financial Group, Inc. is a FINRA registered broker-dealer which offers a comprehensive suite of strategic, customized solutions to community banks and thrifts nationwide, including balance sheet management, investment banking and capital markets services.  Our recent successes include:

  • Quaint Oak Bancorp, Inc. (PA) $8.0 million private placement of subordinated debt
  • Summit Financial Group, Inc. (WV) $25.5 million acquisition of Peoples Bankshares, Inc.
  • Northwest Bancshares, Inc. (PA) $85.0 million acquisition of Union Community Bank (PA)
  • Orrstown Financial Services, Inc. (PA) $32.4 million acquisition of Mercersburg Financial Corporation (PA)
  • Riverview Financial Corporation (PA) $48.8 million merger with CBT Financial Corp. (PA)
  • Mid Penn Bancorp, Inc. (PA) $59.1 million acquisition of The Scottdale Bank & Trust Company (PA)
  • Old Line Bancshares, Inc. (MD) $40.7 million acquisition of Damascus Bank (MD)
  • Riverview Financial Corporation (PA) $17.0 million private placement of equity
  • NexTier, Inc. (PA) $2.3 million acquisition of Manor Bank (PA)
  • Revere Bank (MD) $31.0 million private placement of subordinated debt
  • Monona Bancshares, Inc. (WI)* $40.1 million acquisition of MCB Bankshares, Inc. (WI)
  • Berkshire Hills Bancorp, Inc. (MA) $117.8 million acquisition of First Choice Bank* (NJ)
  • Revere Bank (MD)* $65.1 million acquisition of Monument Bank (MD)
  • DNB Financial Corporation (PA) $49.0 million acquisition of East River Bank (PA)

Ambassador’s clients are in bold.
*Ambassador provided a fairness opinion only

This announcement is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities.

Robert J. Pachence, Jr.
Matthew T. Resch, CFA
Jack E. Payne, CFA, CFP
Ryan J. Walker
Managing Principal
Managing Principal
Executive Vice President
Senior Vice President
610-351-1633
610-351-1633
610-351-1633
610-351-1633
rpachence@ambfg.com
mresch@ambfg.com
jpayne@ambfg.com
rwalker@ambfg.com

Stock Information

Company Name: Landmark Bancorp Inc (PA)
Stock Symbol: LDKB
Market: OTC
Website: banklandmark.com

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