SBT Bancorp, Inc. (OTCQX: SBTB) (the “Company”), the holding company for The Simsbury Bank & Trust Company, Inc. (the “Bank”), today announced the closing of its public offering of its common stock. The Company sold a total of 400,000 shares of its common stock at a public offering price of $21.00 per share. The underwriter, Keefe, Bruyette & Woods, Inc., has an option purchase up to an additional 60,000 shares of common stock at the public offering price, less the underwriting discount, within 30 days from the date of the public offering. The 400,000 shares of common stock were registered under the Securities Act of 1933, as amended, pursuant to the...
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