First Carolina Financial Services completes IPO of 5.5M shares at $12.50, raising $68.75M

First Carolina Financial Services, Inc.

IPO of 5,500,000 shares at $12.50/share closed June 22, 2026; gross proceeds ~$68.75M.
Concurrent 2-for-1 forward stock split and amendments to articles/bylaws effective June 17/22.
Net proceeds after underwriting discounts and estimated expenses not yet disclosed.
IPO marks transition from private to public company; no earnings guidance provided.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

First Carolina Financial Services, Inc.: Amended articles of incorporation in connection with 2-for-1 forward stock split (effective 2026-06-17).

Change: charter amendment
Effective: 2026-06-17

Exact text from the filing

Effective June 17, 2026, First Carolina Financial Services, Inc., a North Carolina corporation (the “ Company ”), amended its articles of incorporation (the “ Articles of Incorporation ”) in connection with the 2-for-1 forward stock split of its common stock completed concurrently with the amendment.

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

First Carolina Financial Services, Inc.: Amended and restated bylaws (effective 2026-06-22).

Change: bylaw amendment
Effective: 2026-06-22

Exact text from the filing

Effective June 22, 2026, the Company amended and restated its bylaws (the “ Bylaws ”).

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189 governance changes filed in the last 30 days. Browse all governance changes →

First Carolina Financial Services, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-025976

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