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MICHIGAN COMMUNITY BANCORP IPO YEAR
OTC > FINANCE > BANKS
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IPO year of Michigan Community Bancorp Ltd.
2018
Initial public offering is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
Through IPO a privately held company transforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.
Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.
The IPO process is colloquially known as going public. Details of the proposed offering are disclosed to potential purchasers in the form of a lengthy document known as a prospectus. Most companies undertake an IPO with the assistance of an investment banking firm acting in the capacity of an underwriter. Underwriters provide several services, including help with correctly assessing the value of shares.
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Michigan Community Ba…
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wallmine.com
Hennessy Capital Acquisition Corp. III? IPO year: 2 017
About Michigan Community Bancorp Ltd.
Michigan Community Bancorp Limited operates as the holding company for the Lakeside Community Bank and the North Oakland Community Bank (the banks), which engage in the general commercial and retail banking. The banks offer various deposit products, including checking accounts, saving accounts, and time deposits. The banks conduct lending activities in the residential and commercial mortgage markets, and the consumer installment marketplace. Lakeside Community Bank offers banking services in Macomb County, Michigan, primarily in Clinton Township, Macomb Township, Ray Township, Shelby Township, Washington Township, Mt. Clemens, Sterling Heights, and Utica. North Oakland Community Bank offers its banking services primarily in Rochester, Rochester Hills, Pontiac, Troy, Auburn Hills, Oakland Township, Orion Township, and Lake Orion Village in Oakland County, Michigan. The company was incorporated in 1998 and is based in Sterling Heights, Michigan.
Michigan Community Bancorp Ltd., 43850 Schoenherr Road, Sterling Heights 48313, United States
586-532-8000
Companies with IPO year similar to Michigan Community Bancorp
IPO year
Zhejiang Huge Leaf Co., Ltd.
Grand Fortune High Grade Limited
BOULE DIAGNOSTICS
Orange Polska S.A.
Cellectar Biosciences, Inc.
Modern Media Acquisition Corp.
Michigan Community Bancorp Ltd.
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wallmine.com
Grand Fortune High Grade Limited? IPO year: 2 017
Company Industry IPO year
600226 Zhejiang Huge Leaf Co., Ltd. SSE > Miscellaneous > n/a 2017
GFHG Grand Fortune High Grade Limited LSE > Consumer Non-Durables > Education & Training Services 2017
BDABF BOULE DIAGNOSTICS OTC > Miscellaneous > n/a 2017
PTTWF Orange Polska S.A. OTC > Technology > Telecommunications 2017
CLRBZ Cellectar Biosciences, Inc. NASDAQ > Health Care > Major Pharmaceuticals 2017
MMDMU Modern Media Acquisition Corp. NASDAQ > Finance > Business Services 2017
MCBP Michigan Community Bancorp Ltd. OTC > Finance > Banks 2018
