Key Developments: Summit Financial Group Inc (SMMF.OQ)

SMMF.OQ on NASDAQ Stock Exchange Capital Market

11.47USD
17 Dec 2014
Price Change (% chg)

$0.72 (+6.70%)
Prev Close
$10.75
Open
$10.83
Day's High
$11.67
Day's Low
$10.80
Volume
4,527
Avg. Vol
1,821
52-wk High
$12.70
52-wk Low
$8.89

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Latest Key Developments (Source: Significant Developments)

Summit Financial Group files for secondary public offerings
Thursday, 23 Oct 2014 08:00pm EDT 

Summit Financial Group, Inc:Offers amount of $15,000,000 to be listed on Nasdaq SmallCap Market.  Full Article

Summit Financial Group Announces Entry Into Securities Purchase Agreement to Raise Capital
Monday, 25 Aug 2014 06:00am EDT 

Summit Financial Group Inc:Enters into a Securities Purchase Agreement with Castle Creek Capital Partners V, LP.Castle Creek has agreed to acquire in a private placement shares of common stock of Summit in an amount that is expected to about 9.9 pct of the outstanding Common Stock following consummation of the Private Placement at the price of $9.75 per share.Company will receive about $10.2 mln in net proceeds in the Private Placement after the consummation of the transactions contemplated by the Purchase Agreement.Private Placement will consist of two closings.  Full Article

Summit Financial Group Inc Comments On Quarterly Earnings Guidance
Wednesday, 30 Jan 2013 06:00am EST 

Summit Financial Group Inc announced that it anticipates earnings may remain choppy quarter-to-quarter in the near term as foreclosed properties are re-appraised and written-down to estimated fair values on an ongoing basis.  Full Article

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