National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion in assets, announced terms for its IPO on Tuesday. The Birmingham, AL-based company plans to raise $31 million by offering 1.6 million shares (4% insider) at a...read more
National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion of assets, filed on Monday with the SEC to raise up to $50 million in an initial public offering. The 813 Shades Creek Parkway, AL-based company, which was founded...read more
Only two companies completed initial public offerings this past week and both ended the week about 1% from the IPO price. Ear disease biotech Otonomy (OTIC) priced at the high end of its range and gained 7% on the first day, but settled to just 1% above...read more
C1 Financial, a Florida commercial bank with 29 locations and $1.4 billion in assets, raised $45 million by offering 2.6 million shares at $17, below the range of $18 to $20. C1 Financial plans to list on the NYSE under the symbol BNK. Keefe Bruyette Woods and...read more
Alabama bank National Commerce sets terms for $31 million IPO
National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion in assets, announced terms for its IPO on Tuesday. The Birmingham, AL-based company plans to raise $31 million by offering 1.6 million shares (4% insider) at a...read more
Southeast bank National Commerce files for a $50 million IPO
National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion of assets, filed on Monday with the SEC to raise up to $50 million in an initial public offering. The 813 Shades Creek Parkway, AL-based company, which was founded...read more
US IPO Pricing Recap: Two deals trade flat before a two-week break in the IPO market
Only two companies completed initial public offerings this past week and both ended the week about 1% from the IPO price. Ear disease biotech Otonomy (OTIC) priced at the high end of its range and gained 7% on the first day, but settled to just 1% above...read more
C1 Financial prices IPO at $17, below the range
C1 Financial, a Florida commercial bank with 29 locations and $1.4 billion in assets, raised $45 million by offering 2.6 million shares at $17, below the range of $18 to $20. C1 Financial plans to list on the NYSE under the symbol BNK. Keefe Bruyette Woods and...read more