QuoteEverBank Financial Corp. Tuesday revealed the terms of how much stock the company will sell in its initial public offering, which likely will take place next week.
In a Securities and Exchange Commission filing, the Jacksonville-based banking company said it will offer 19.22 million shares of new stock, and existing shareholders of the closely held company will sell another 5.93 million shares.
EverBank estimates that the shares will be sold for $12 to $14 each.
The filing does not say when the stock sale will take place. According to Renaissance Capital, an IPO research firm in Greenwich, Conn., the IPO is scheduled for next week.
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