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OPB News

Opus Bank prices downsized IPO at $30, below the range

OPB

Opus Bank, a California-chartered regional commercial bank, raised $154 million in a downsized IPO by offering 5.1 million shares at $30, below the range of $31 to $34. Opus Bank plans to list on the NASDAQ under the symbol OPB. J.P. Morgan, Credit Suisse,...read more

11 US IPOs planned for the week of Apr 14

The following IPOs are expected to price this week: City Office REIT (CIO), a REIT formed to acquire and operate office properties in the US, plans to raise $100 million...read more

California commercial bank Opus sets terms for $187 million IPO

OPB

Opus Bank, a California-chartered regional commercial bank, announced terms for its IPO on Friday. The Irvine, CA-based company plans to raise $187 million by offering approximately 5.8 million shares (51% insider) at a price range of $31to $34. At the midpoint...read more

US IPO Recap: Castlight Health's 149% pop shows healthy tech demand

Castlight Health (CSLT) completed the fourth technology IPO of the year, and its 149% first day return brought the sector's average up to 95% for 2014. Castlight was also the ...read more