---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-002214"
form_type: "8-K"
ticker: "CBAN"
cik: "0000711669"
company_name: "COLONY BANKCORP INC"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:22:21.749371+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Colony Bankcorp raises ~$59.3M in public offering of 3.85M shares at $16.50

## Summary
- Sold 3,848,485 shares including full exercise of underwriter option at $16.50/share.
- Net proceeds of approximately $59.3 million after underwriting discounts and expenses.
- Underwriting agreement with Hovde Group, LLC as representative of the underwriters.
- Directors and executive officers subject to a 90-day lock-up on share sales.
- Offering registered under effective shelf registration statement (File No. 333-260498).

## SEC filing metadata
- accession: 0001628280-22-002214
- form_type: 8-K
- ticker: CBAN
- cik: 0000711669
- company_name: COLONY BANKCORP INC
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711669/000162828022002214/0001628280-22-002214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711669/000162828022002214/cban-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-002214
- JSON: https://secwatch.observer/filing/0001628280-22-002214.json
- Plain text: https://secwatch.observer/filing/0001628280-22-002214.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.