First Internet Bancorp (NASDAQ:INBK) Files An 8-K Regulation FD Disclosure

ME Staff 8-k
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First Internet Bancorp (NASDAQ:INBK) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD

On June11, 2018, First Internet Bancorp (the “Company”) issued a press release announcing the closing of an underwritten public offering. A copy of the press release is furnished as Exhibit99.1 to this report and is incorporated herein by reference.

The information contained in this Item 7.01 and Exhibit99.1 is being furnished, and shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under Section18. Furthermore, the information contained in this Item 7.01 and Exhibit99.1 shall not be deemed to be incorporated by reference into the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act.

Item 8.01 Other Events

On June11, 2018, the Company closed on the sale of 225,750 newly issued shares of the Company’s common stock at an offering price of $33.25 per share to the exercise in full of the 30-day over-allotment option (the “Option”) granted to Keefe, Bruyette& Woods,Inc., as representative of the underwriters (the “Underwriters”), under the previously announced Underwriting Agreement, dated as of June7, 2018, by and among the Company, First Internet Bank of Indiana, an Indiana chartered bank and wholly owned subsidiary of the Company, and the Underwriters (the “Underwriting Agreement”). The Company received net proceeds from the exercise of the Option of approximately $7.1 million, after deducting underwriting discounts and commissions of $1.6625 per share and estimated offering expenses that are payable by the Company.

A full description of the material terms of the Underwriting Agreement was previously reported in Item 1.01 of the Company’s Current Report on Form8-K filed with the Securities and Exchange Commission on June7, 2018, and the information set forth in such Item 1.01 is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.


First Internet Bancorp Exhibit
EX-99.1 2 a18-14136_6ex99d1.htm EX-99.1 Exhibit 99.1     First Internet Bancorp Announces Closing of Common Stock Offering   Fishers,…
To view the full exhibit click here

About First Internet Bancorp (NASDAQ:INBK)

First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Company offers a complement of products and services on a nationwide basis. The Company conducts its deposit operations primarily over the Internet. The Company also offers commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The Bank provides commercial and retail banking services, with operations conducted on the Internet at www.firstib.com. It offers residential real estate loans, home equity loans and lines of credit, and consumer loans, and loans to commercial clients, which include commercial loans, commercial real estate loans, letters of credit and single tenant lease financing. The Bank’s subsidiary, JKH Realty Services, LLC manages real estate owned properties.