After Successful IPO, Meridian Bank Rings Nasdaq Stock Market’s Closing Bell
Chris Annas, CEO of Malvern-based Meridian Bank, and members of management rang the Nasdaq Stock Market’s closing bell on Dec. 1 in New York City.
Meridian Bank began trading on Nasdaq on Nov. 7 under the ticker symbol MRBK, and recently closed an underwritten public offering of common stock that secured $46 million in funding.
“This is really the end of the first book (on the bank’s history), and the beginning of the second book starts today,” Annas said. “I can’t emphasize enough the strength of the team that Meridian has.
“We are thrilled to be a part of the prestigious Nasdaq community of innovative and visionary companies. With the ringing of this closing bell, we celebrate a tremendous milestone in the evolution of our company, and the start of a new chapter of growth and expansion in our region.”
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