other material
confidence high
sentiment neutral
materiality 0.65
Five Star Bancorp prices 2.725M share offering at $44.00, expects ~$112.9M net proceeds
FIVE STAR BANCORP
- 2,725,000 shares priced at $44.00 per share; underwriters have 30-day option for 408,750 additional shares.
- Expected net proceeds ~$112.9M after underwriting discounts and estimated offering expenses.
- Proceeds to be used for general corporate purposes, support growth, investments in Bank, and working capital.
- Offering expected to close on or about July 24, 2026, subject to customary conditions.
- Keefe, Bruyette & Woods is bookrunner; Stephens, D.A. Davidson, Raymond James, Brean Capital as co-managers.