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CBTX News

US IPO Weekly Recap: 10 companies go public in the busiest week of 2017

CBTX

Ten companies raised a combined $1.6 billion in the most active week of the 2017 IPO market. Texas community bank CBTX took the top spot with a 10% pop, which is still below the long term historical average of 13%. The week featured three...read more

CBTX prices IPO at $26, the high end of the range

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CBTX, a commercial bank with locations throughout Southeast Texas, raised $62 million by offering 2.4 million shares at $26, the high end of the range of $24 to $26. CBTX plans to list on the Nasdaq under the symbol CBTX. Stephens Inc. and Keefe Bruyette Woods...read more

US IPO Week Ahead: China's #2 search engine leads busiest week of 2017 with 11 IPOs

SOGO

An active 4Q17 powers ahead with 11 IPOs scheduled to raise $2.0 billion in the coming week. That would make it the IPO market's busiest week of the year. The activity level is unsurprising given the 32 new filings in October, a two-year high. We also expect a...read more

Texas bank CBTX sets terms for $60 million IPO

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CBTX, a commercial bank with locations throughout Southeast Texas, announced terms for its IPO on Monday. The Beaumont , TX-based company plans to raise $60 million by offering 2.4 million shares at a price range of $24 to $26. At the midpoint of the...read more