BNC Bancorp (BNCN)

[Enterprising Investor]

Aquiline BNC Holdings LLC invests $25,415,000 (6/08/12)

On June 8, 2012, pursuant to the Securities Purchase Agreement, Aquiline BNC Holdings LLC acquired 21,115 shares of BNC’s Series B-1 Preferred Stock and 4,300 shares of Series C Preferred Stock for an aggregate purchase price of $25,415,000 in cash. Aquiline BNC Holdings LLC’s acquisition of the Series B-1 Preferred Stock and Series C Preferred Stock was part of private placement that totaled $72,500,000.

http://sec.gov/Archives/edgar/data/1210227/000119312512265329/d364503dsc13da.htm