EX-99.1 2 ea025388501ex99-1_horizon.htm PRESS RELEASE DATED AUGUST 21, 2025 Exhibit 99.1 Contact: John R. Stewart, CFA EVP, Chief Financial Officer Phone: (219) 814-5833 Date: August 21, 2025 FOR IMMEDIATE RELEASE Horizon Bancorp, Inc. Announces Pricing of Common Stock Offering MICHIGAN CITY, Indiana, August 21, 2025 - Horizon Bancorp, Inc. (NASDAQ: HBNC) (“Horizon”), the parent company of Horizon Bank, today announced the pricing of the previously announced underwritten public offering of 6,207,000 shares of its common stock (the “Offering”), at a price to the public of $14.50 per share for aggregate gross proceeds of approximately $90,001,500 before deducting underwriting discounts and estimated offering expenses. In addition, Horizon has granted the underwriters a 30-day option to purchase up to an additional 931,050 shares of its common stock at the public offering price, less underwriting discounts and commissions. Horizon intends to use the net proceeds from the Offering for general corporate purposes, including in support of the potential repositioning of its balance sheet. Keefe, Bruyette & Woods, Inc., A Stifel Company a…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
Horizon Bancorp, Inc.
HBNCNASDAQEQUITYCurrent
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 21, 2025, Horizon Bancorp, Inc. (the “Company”) issued a press release announcing the pricing of its underwritten public offering of shares of Company common stock. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.…
Company context
Horizon Bancorp, Inc. (NASDAQ: HBNC) is the $7.7 billion-asset (as of June 30, 2025) commercial bank holding company for Horizon Bank, which serves customers across diverse and economically attractive Midwestern markets through convenient digital and virtual tools, as well as its Indiana and Michigan branches. Horizon’s retail offerings include prime residential and other secured consumer lending to in-market customers, as well as a range of personal banking and wealth management solutions. Horizon also provides a comprehensive array of in-market business banking and treasury management services, as well as equipment financing solutions for customers regionally and nationally, with commercial lending representing over half of total loans. More information on Horizon, headquartered in Northwest Indiana’s Michigan City, is available at horizonbank.com and investor.horizonbank.com.