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Level One Bancorp prices upsized $34 million IPO at $28 midpoint

April 20, 2018
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Level One Bancorp, a Michigan-based commercial bank with $1.3 billion in assets, raised $34 million by offering 1.2 million shares at $28, within the range of $27 to $29. Level One Bancorp plans to list on the Nasdaq under the symbol LEVL. Raymond James and Keefe Bruyette Woods acted as lead managers on the deal.