Old National Bancorp has successfully completed a registered public offering and sale of 21,904,762 shares of its common stock. The transaction, which involved an initial offering of 19,047,619 shares and an additional 2,857,143 shares purchased through an option exercised by the underwriters, was settled on May 23, 2025. The company entered into underwriting and forward sale agreements with Citigroup Global Markets Inc. as the representative for the underwriters and the forward purchaser. Old National Bancorp received approximately $443.2 million in net proceeds from the sale and settlement of these shares.
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