Five Star Bancorp Announces the Full Exercise and Closing of Underwriters’ Option to Purchase Additional Shares in the Company’s Underwritten Public Offering
Five Star Bancorp announced the closing of the underwriters' option to purchase an additional 408,750 shares, bringing the total shares sold in the offering to 3,133,750 at a public offering price of $44.00 per share. Gross proceeds to the company were approximately $130.6 million before deducting offering expenses.
Key figures
- Deal Value Usd
- $130.6 million
- Offering Price
- 44
- Shares Offered
- 3,133,750
- Greenshoe shares
- 408,750
AI analysis
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