Mackinac Financial Corporation Announces Pricing of Common Stock Offering
The Barack Ferrazzano Financial Institutions Group served as counsel to the underwriters in the recently completed $34.5 million follow-on equity offering of Mackinac Financial Corporation. In the offering, Mackinac sold 2,225,807 shares of common stock at a public offering price of $15.50 per share. Barack Ferrazzano’s team was led by John Freechack and Bill Fay along with Nick Brenckman.
Piper Jaffray & Co. served as book-running manager for the offering. Hovde Group, LLC served as co-manager for the offering.
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Barack Ferrazzano Financial Institutions Group
Our 30-attorney Group has represented more than 250 financial institutions across the country. Our M&A experience is unparalleled—in 2017 we were the #1 legal advisor in the U.S. by announced bank and thrift M&A transactions and over the past decade, our Group ranked #1 in the Midwest region by number of announced bank and thrift merger and acquisition transactions, according to S&P Global Market Intelligence. The Financial Institutions Group was again named as one of the top financial institution groups in the nation in the U.S. News & Best Lawyers 2018 report.
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