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Third Coast Bancshares, Inc. IPO

Completed

Third Coast Bancshares, Inc. completed its initial public offering on NASDAQ on November 9, 2021, pricing at $25.00 a share.

TickerTCBX
ExchangeNASDAQ
StatusCompleted
Listing dateNovember 9, 2021
Offering price$25.00
Shares offered3,500,000
Total raised$88M

The offering

Third Coast Bancshares, Inc. sold 3,500,000 shares at $25.00 each on NASDAQ. Multiplied out, that is $87.5 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $88 million total recorded for the deal.

Company coverage

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Source: SEC EDGAR filings for Third Coast Bancshares, Inc.. This page is general information, not investment advice.