Horizon Bancorp, Inc. Announces Closing of Common Stock Offering

MICHIGAN CITY, Ind., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Horizon Bancorp, Inc. (NASDAQ: HBNC) (“Horizon”), the parent company of Horizon Bank, today announced the closing of the previously announced underwritten public offering of 7,138,050 shares of its common stock (the “Offering”), including 931,050 shares of its common stock sold pursuant to the underwriters’ option to purchase additional shares, which was exercised in full, at a price to the public of $14.50 per share. The aggregate gross proceeds of the Offering were approximately $103.5 million before deducting underwriting discounts and estimated offering expenses.

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