other_material
confidence high
sentiment neutral
materiality 0.75
Simmons First National raises $326.9M in stock offering at $18.50/share
SIMMONS FIRST NATIONAL CORP
- Issued 18,653,000 shares (including underwriters' option) at $18.50 per share; net proceeds ~$326.9M.
- Proceeds for general corporate purposes, including potential balance sheet repositioning and continued growth.
- Underwriters: Stephens Inc., Keefe, Bruyette & Woods, and Morgan Stanley & Co. Offering closed July 23, 2025.
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