Navigation Links
Southwest Bancorp, Inc. Announces Pricing of $50 Million Underwritten Public Offering of Common Shares

STILLWATER, Okla., April 27 /PRNewswire-FirstCall/ -- Southwest Bancorp, Inc. (Nasdaq: OKSB), ("Southwest"), today announced that it has priced its underwritten public offering of 4,000,000 shares of common stock at a price to the public of $12.50 per share for net proceeds of approximately $47.0 million.  The offering was increased from the previously announced offering size of approximately $40 million.  The offering is expected to close on April 29, 2010.


The proceeds from the offering will be used to increase the Company's working capital and for general corporate purposes, including investment in its banking subsidiaries, Stillwater National Bank and Trust Company and Bank of Kansas. Pending these uses, the Company may invest net proceeds in marketable investment securities or short-term, interest-bearing assets.

Stifel, Nicolaus & Company, Incorporated is the sole book-running manager in the offering.  The co-manager is Stephens Inc.  The Company has granted to the underwriters a 30-day option to purchase up to an additional 600,000 shares of common stock to cover over-allotments, if any.

The Company has filed a registration statement (including a prospectus and prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement, the preliminary prospectus supplement, and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at or the direct address for our filed documents at  Alternatively, copies of the prospectus supplement and the prospectus relating to the offering may be obtained by contacting Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One South Street, 15th Floor, Baltimore, Maryland 21202, telephone: (443) 224-1988.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.  

Southwest Bancorp, Inc. and Subsidiaries

Southwest Bancorp, Inc. is the bank holding company for Stillwater National Bank and Trust Company and Bank of Kansas. Through its subsidiaries, Southwest offers commercial and consumer lending, deposit, and investment services and specialized cash management and other financial services from offices in Oklahoma, Texas, and Kansas and on the Internet, through SNB DirectBanker®.

Caution about Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Because of these uncertainties and the assumptions on which the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company's Annual Report on Form 10-K for the year ended December 31, 200, and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

SOURCE Southwest Bancorp, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related biology news :

1. UT Southwestern researchers identify key molecular step to fighting off viruses
2. Peak P? Phosphorus, food supply spurs Southwest initiative
3. UT Southwesterns BioCenter driving biotech, medical innovation in North Texas
4. New brain nerve cells key to stress resilience, UT Southwestern researchers find
5. UT Southwestern student receives fellowship from Howard Hughes Medical Institute
6. UT Southwestern researchers find clues to TB drug resistance
7. American pika are thriving in the Sierra Nevada and southwestern Great Basin
8. Insect wranglers invade the garden at Southwestern science EXPO
9. University of Texas Southwestern Medical Center researcher wins Avanti Award in lipids
10. UT Southwestern receives $700,000 from HHMI to promote medical education of Ph.D. students
11. The impact of the diffusion of maize to the Southwestern United States
Post Your Comments:
(Date:4/17/2017)... NXT-ID, Inc. (NASDAQ: NXTD ) ("NXT-ID" or the "Company"), ... Report on Form 10-K on Thursday April 13, 2017 with the ... The ... section of the Company,s website at  under "SEC Filings," ... 2016 Year Highlights: Acquisition of ...
(Date:4/11/2017)... April 11, 2017 Crossmatch®, a globally-recognized ... solutions, today announced that it has been awarded ... Projects Activity (IARPA) to develop next-generation Presentation Attack ... "Innovation has been a driving force within ... will allow us to innovate and develop new ...
(Date:4/11/2017)... , April 11, 2017 NXT-ID, ... security technology company, announces the appointment of independent Directors Mr. ... to its Board of Directors, furthering the company,s corporate ... ... NXT-ID, we look forward to their guidance and benefiting from ...
Breaking Biology News(10 mins):
(Date:10/12/2017)... ... 12, 2017 , ... The Blavatnik Family Foundation and the ... of the 2017 Blavatnik Regional Awards for Young Scientists. Established in 2007, ... the New York Academy of Sciences to honor the excellence of outstanding postdoctoral ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... Rosalind™, the first-ever genomics analysis platform specifically designed for life science researchers ... honor of pioneering researcher Rosalind Franklin, who made a major contribution to ...
(Date:10/11/2017)... ... October 11, 2017 , ... Proscia ... be hosting a Webinar titled, “Pathology is going digital. Is your lab ready?” ... pathology adoption best practices and how Proscia improves lab economics and realizes an ...
(Date:10/11/2017)... ... October 11, 2017 , ... Singh Biotechnology ... drug designation to SBT-100, its novel anti-STAT3 (Signal Transducer and Activator of Transcription ... is able to cross the cell membrane and bind intracellular STAT3 and inhibit ...
Breaking Biology Technology: