Isabella Bank Corp to Sell Up to $30M Common Stock via ATM Offering

Isabella Bank Corporation and its wholly-owned subsidiary, Isabella Bank, have entered into an Equity Distribution Agreement with Piper Sandler & Co. This agreement allows the Company to issue and sell up to $30,000,000 of its common stock through an "at the market" offering. The Company will set the parameters for sales and pay the Agent a commission of up to 3.0% of the gross sales price. The net proceeds from the offering are intended for general corporate purposes, including contributing to the Bank's capital to support its lending activities and growth.