Orange County Bancorp, Inc. Announces Closing of Overallotment Option and Issuance of 258,064 Shares of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 09 2025
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Source: Globenewswire
Public Offering Details: Orange County Bancorp, Inc. announced the completion of a public offering with underwriters exercising an overallotment option, resulting in the sale of an additional 258,064 shares at $23.25 per share, generating approximately $5.7 million in proceeds.
Company Background: Orange County Bancorp is the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, boasting total assets of around $2.6 billion and emphasizing its long-standing commitment to community and business clientele.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
