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SPFI News

West Texas bank South Plains Financial prices IPO at $17.50 low end

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South Plains Financial, a West Texas commercial bank with 21 full-service locations, raised $59 million by offering 3.38 million shares at $17.50, the low end of the range of $17.50 to $19.50. Insiders had planned to sell 20% of the IPO. At IPO, South...read more

US IPO Week Ahead: It's Uber uber alles with biggest IPO in 5 years

UBER

If 2019 is indeed the "year of Uber," then the week ahead can only be the "week of Uber." After years of IPO speculation, Uber (UBER) is expected to raise $8.5 billion at the $47 midpoint, with insiders selling $1.3 billion in the...read more

Texas bank South Plains Financial sets terms for $63 million IPO

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South Plains Financial, a West Texas commercial bank with 21 full-service locations, announced terms for its IPO on Monday. The Lubbock, TX-based company plans to raise $63 million by offering 3.38 million shares (20% insider) at a price range of $17.50 to...read more

Uber leads wave of 14 new filings; here are the upcoming IPOs

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Last week, 12 companies submitted new IPO filings, the most active week since May 2018. Two more filings hit on Monday. Monthly filings currently stands at 20,...read more