Alpine Banks of Colorado announced that it has received $34.000016 million in funding from a group of investors

Alpine Banks of Colorado announced a private placement of 1,192,983 shares of class B non-voting common stock, at $28.50 per share for the gross proceeds of $34,000,016 on July 18, 2022. The transaction included participation from certain qualified institutional and accredited investors. The minimum investment accepted from an outside investor is $368,533.

The transaction included participation from total 10 investors.