15 companies had initial public offerings and raised $6.4 billion this week, making it the most active week in the IPO market since 2007. Including deals that priced yesterday and began trading today, July saw 34 IPOs, a post-tech bubble record....read more
FCB Financial Holdings, a Florida-based bank formed through acquisitions of eight failed banks, raised $165 million by offering 7.5 million shares (39% from insiders) at $22, the low end of the range of $22-$23. The company had originally planned to sell 8.715...read more
C1 Financial, a Florida commercial bank with 29 locations and $1.4 billion in assets, announced terms for its IPO on Thursday. The St. Petersburg, FL-based company plans to raise $50 million by offering 2.6 million shares at a price range of $18 to $20. At the...read more
FCB Financial Holdings, a Florida-based bank formed through acquisitions of eight failed banks, lowered the proposed deal size for its upcoming IPO on Thursday. The Weston, FL-based company now plans to raise $169 million by offering 7.5 million shares (39%...read more
US IPO Pricing Recap: 15 IPOs in the most active week since 2007; 66% ended at or below IPO price
15 companies had initial public offerings and raised $6.4 billion this week, making it the most active week in the IPO market since 2007. Including deals that priced yesterday and began trading today, July saw 34 IPOs, a post-tech bubble record....read more
FCB Financial Holdings prices IPO at $22 low end of the revised range
FCB Financial Holdings, a Florida-based bank formed through acquisitions of eight failed banks, raised $165 million by offering 7.5 million shares (39% from insiders) at $22, the low end of the range of $22-$23. The company had originally planned to sell 8.715...read more
Florida bank C1 Financial sets terms for $50 million IPO
C1 Financial, a Florida commercial bank with 29 locations and $1.4 billion in assets, announced terms for its IPO on Thursday. The St. Petersburg, FL-based company plans to raise $50 million by offering 2.6 million shares at a price range of $18 to $20. At the...read more
FCB Financial Holdings decreases IPO shares and range
FCB Financial Holdings, a Florida-based bank formed through acquisitions of eight failed banks, lowered the proposed deal size for its upcoming IPO on Thursday. The Weston, FL-based company now plans to raise $169 million by offering 7.5 million shares (39%...read more