CoastalSouth Bancshares, Inc.
This investment resulted in a loss to taxpayers. See below for details.
|$1.65M Revenue to Gov't|
|$1.76M Net Outstanding|
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Mar. 11, 2013 Warrant Proceeds
Mar. 11, 2013
On 3/11/2013, Treasury completed the sale of 16,015 shares of CoastalSouth Bancshares, Inc. preferred stock at $795.10 per share (less a placement agent fee) for net proceeds of $12,606,191.23 and 480 shares of CoastalSouth Bancshares, Inc. preferred stock received upon the exercise of warrants at $875.10 per share (less a placement agent fee) for net proceeds of $415,847.52, pursuant to a placement agency agreement executed on 2/25/2013.More info from www.treasury.gov
Feb. 15, 2011 Dividend - Cumulative
Nov. 15, 2010 Dividend - Cumulative
Aug. 16, 2010 Dividends payment
May 17, 2010 Dividends payment
Feb. 16, 2010 Dividends payment
Nov. 16, 2009 Dividends payment
Aug. 28, 2009 Preferred Stock w/ Exercised Warrants
|02/15/2011||Dividend||$210,988||CPP||Dividend - Cumulative|
|11/15/2010||Dividend||$210,988||CPP||Dividend - Cumulative|
|08/28/2009||Purchase||$16,015,000||CPP||Preferred Stock w/ Exercised Warrants|