Bank Atlantic is a huge financial powerhouse based in Florida and provides a range of services to its local and international clientele. Alongside the plethora of convenient banking service offers that Bank Atlantic makes for its customers, recently it announced an amazing opportunity for them to avail. The Bank Atlantic has announced a rights issue subscribed at $1.50 per share and the issue is specifically for the Class A Category shares whose subscription can run into $25 million.
The Bank Atlantic is not going to consider fractional shares rights and will round off the total number of shares. The Bank Atlantic has announced that the rights issue can be subscribed to by the shareholders until the 20th of July 2010 which is the deadline, unless Bank Atlantic decides to extend it. With the 14th of June 2010 set as the record closing business day, the shareholders can start availing the amazing offers as soon as they deem feasible as Bank Atlantic is one of the most favored banks in Miami.
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