Southern First Bancshares prices 1.05M share offering at $54; expects ~$53.2M net proceeds

SOUTHERN FIRST BANCSHARES INC

Offering of 1,050,000 shares of common stock at $54.00 per share, with 30-day option for additional 157,500 shares.
Net proceeds expected ~$53.2M ($61.3M with full over-allotment); used for general corporate purposes including growth, bank capital, debt repayment.
Offering expected to close April 17, 2026; Piper Sandler sole book-runner, KBW co-manager.
Directors and executive officers entered 90-day lock-up agreements restricting share sales.

item 1.01item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.