secwatch.observer — SEC 8-K summary
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Issuer:     Business First Bancshares, Inc. (BFST)
CIK:        0001624322
Form:       8-K
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0001437749-22-024045
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Business First Bancshares announces $46.75M common stock offering at $20/share
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- Underwritten public offering of 2.5M shares at $20.00 per share; net proceeds ~$46.75M.
- Use of proceeds: general corporate, capital, organic growth, acquisitions, subordinated debt redemption.
- Expected close on or about October 17, 2022; Stephens Inc. sole book-runner.
- Preliminary Q3 2022 results: total assets $5.81B, gross loans $4.43B, net interest margin 4.05%.
- Core pre-tax, provision earnings for Q3 2022 were $23.9M vs $20.6M GAAP pre-tax pre-provision earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624322/000143774922024045/0001437749-22-024045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624322/000143774922024045/bfbi20221011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-024045

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