other
confidence high
sentiment neutral
materiality 0.45
First Guaranty Bancshares corrects share count; issued 2.23M shares including 161.8K at $8.10
First Guaranty Bancshares, Inc.
- Aggregate common shares issued on June 30, 2025 corrected to 2,231,748 from 2,201,448.
- Private placement of 161,760 shares at $8.10/share; no underwriting discounts paid.
- Other shares issued via Exchange Agreement, Promissory Note Amendment, and Subordinated Note Amendment.
- Proceeds from private placement will be used for general corporate purposes.
- Offering exempt under Section 4(2)/Regulation D; all investors accredited.
item 3.02