Cross River Bank has filed a notice of an exempt offering of securities to raise $72,174,825.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Cross River Bank is raising up to $72,174,825.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Cross River Bank
Cross River Bank provides technology infrastructure powering the future of financial services. Leveraging a proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards and lending solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the worlds most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC.
To learn more about Cross River Bank, visit https://www.crossriver.com/
Cross River Bank Linkedin Page: https://www.linkedin.com/company/cross-river-bank/
Contact:
Gilles Gade, Chief Executive Officer
201-808-7000
https://www.linkedin.com/in/gilles-gade-b4b31812/
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