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Live Oak prices 4 million depositary shares at 8.750% dividend rate

Nov 5, 2026 00:53 (7h ago)

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Live Oak Bancshares priced an offering of 4 million Series B depositary shares.
4 million shares carry an 8.750% annual dividend rate and $25 liquidation preference.
Live Oak expects the offering to close around November 12, 2026, subject to customary conditions.