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News 2026-09-23 22:31 UTC

Medallion Bank Prices $55M Series G Preferred Reopening

Medallion Bank priced 2.2M additional Series G preferred shares ($25 liquidation amount) for $55.0M; underwriters have a 30-day option for up to 330K more. Proceeds are for general purposes and may redeem Series E preferred, subject to FDIC approval.Material DetailsContext by AI AnalystThis is a fo…