Silvergate Prices Follow-on Public Offering of Class A Common Stock

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Jan 22, 2021
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Silvergate Capital Corporation (“Silvergate” or the “Company”) announced today the pricing of an underwritten public offering of 3,968,255 shares of Class A common stock at a price to the public of $63.00 per share pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission (“SEC”). The Company also granted the underwriters a 30-day option to purchase up to an additional 595,238 shares of Class A common stock.