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MetroCity Bankshares, Inc. IPO

Completed

MetroCity Bankshares, Inc. completed its initial public offering on NASDAQ on October 3, 2019, pricing at $13.50 a share.

Ticker	MCBS
Exchange	NASDAQ
Status	Completed
Listing date	October 3, 2019
Offering price	$13.50
Shares offered	1,939,000
Total raised	$26M

The offering

MetroCity Bankshares, Inc. sold 1,939,000 shares at $13.50 each on NASDAQ. Multiplied out, that is $26.2 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $26 million total recorded for the deal.

Company coverage

MetroCity Bankshares, Inc. — quote, profile and latest news →

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