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Capital Bancorp Inc IPO

Completed

Capital Bancorp Inc completed its initial public offering on NASDAQ on September 26, 2018, pricing at $12.50 a share.

Ticker	CBNK
Exchange	NASDAQ
Status	Completed
Listing date	September 26, 2018
Offering price	$12.50
Shares offered	2,228,736
Total raised	$28M

The offering

Capital Bancorp Inc sold 2,228,736 shares at $12.50 each on NASDAQ. Multiplied out, that is $27.9 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $28 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for Capital Bancorp Inc. This page is general information, not investment advice.