Associated Banc-Corp completes 13.8 million share offering at $25.00 per share
Associated Banc-Corp completed an underwritten public offering of 13,800,000 shares of common stock at $25.00 per share on November 18, 2024, with BofA Securities and J.P. Morgan Securities as underwriters. The underwriters also exercised in full their option to buy 1,800,000 additional shares on November 15, 2024. The company expects net proceeds of approximately $330.7 million after underwriting discounts and offering expenses, and the issuance increases the number of shares outstanding.
Key points
- 13,800,000 shares sold at $25.00 per share to the underwriters, with the offering completed on November 18, 2024
- Underwriters exercised in full their option for 1,800,000 additional shares on November 15, 2024
- Expected net proceeds of approximately $330.7 million after underwriting discounts and estimated offering expenses
- Shares were sold under Form S-3 registration statement File No. 333-280004 and prospectus supplements dated November 14, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 18, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.