First Mariner shares priced at $1.15 

Posted: 7:27 pm Tue, February 16, 2010
By Danielle Ulman

First Mariner Bancorp’s shareholders will have the option to buy shares of its stock at $1.15 each to increase capital levels at its bank, the company said in a preliminary regulatory filing Tuesday. First Mariner hopes to raise $20 million to meet the bar set by a variety of regulators last year requiring stronger capital ...