secwatch.observer — SEC 8-K summary
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Issuer:     FIVE STAR BANCORP (FSBC)
CIK:        0001275168
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001552781-24-000216
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Five Star Bancorp prices 3.45M share common stock offering at $21.75/share for ~$70.2M net proceeds
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- 3,450,000 shares of common stock priced at $21.75 per share; net proceeds approx. $70.2M after underwriting discounts and expenses.
- Underwriters granted 30-day option to purchase up to an additional 517,500 shares at the same price.
- Proceeds to be used for general corporate purposes, support continued growth, investments in the Bank, and working capital.
- Offering expected to close on or about April 2, 2024, subject to customary closing conditions.
- Keefe Bruyette & Woods acted as bookrunner; Stephens Inc. and D.A. Davidson & Co. as co-managers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275168/000155278124000216/0001552781-24-000216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275168/000155278124000216/e24153_fsbc-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-24-000216

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