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PCB News

A Tale of Two Bank IPOs

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Amalgamated Bank (AMAL) and Pacific City Financial (...read more

US IPO Weekly Recap: 4 small IPOs price ahead of August doldrums

MESA

The IPO market's very active summer 2018 has wrapped up. This week, four small IPOs got in before the annual August pause. Each priced below the midpoint to raise a combined $307 million. A regional airline, two regional banks, and biotech averaged a 0% return....read more

US IPO Weekly Recap: 4 small IPOs price ahead of August doldrums

MESA

The IPO market's very active summer 2018 has wrapped up. This week, four small IPOs got in before the annual August pause. Each priced below the midpoint to raise a combined $307 million. A regional airline, two regional banks, and biotech averaged a 0% return....read more

Pacific City Financial prices IPO at $20, the low end of the range

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Pacific City Financial, a California commercial bank primarily serving Korean-American communities, raised $48 million by offering 2.4 million shares at $20, the low end of the range of $20 to $22. Pacific City Financial plans to list on the Nasdaq under the...read more