Bank7 Corp. (BSVN) Prices 1M Share Secondary Offering at $22/sh

Bank7 Corp. (NASDAQ: BSVN), today announced the pricing of its previously communicated underwritten secondary offering of 1,000,000 shares of its common stock by its principal shareholder, the William B. Haines Financial Services Trust (the "Selling Shareholder") at a price to the public of $22.00 per share. The Selling Shareholder also granted the underwriters a 30-day option to purchase up to an additional 150,000 shares of the Company's common stock. The offering is expected to close on December 14, 2021, subject to customary closing conditions.

The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the sale. The Company is paying the costs associated with the sale of such shares, other than underwriting discounts.

Keefe, Bruyette & Woods, A Stifel Company acted as sole book-running manager and Stephens Inc. acted as co-manager for the offering.

A shelf registration statement on Form S-3 (Registration No. 333-261356) (including a prospectus) has been declared effective by the Securities and Exchange Commission. The offering was made only by means of a prospectus supplement and an accompanying prospectus. You may get these documents, including the prospectus supplement, for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained by contacting Keefe, Bruyette & Woods, Inc., 787 Seventh Avenue, Fourth Floor, New York, NY 10019, attention: Equity Capital Markets, or by calling (800) 966-1559.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.

You May Also Be Interested In

• Bio-Path Holdings (BPTH) Announces 375K Share Offering at $3.225/sh
• Intra-Cellular Therapies (ITCI) Prices Public Offering of Common Stock
• Shake Shack (SHAK) Announces Resignation of Jonathan Sokoloff from Board, Cuts Board Size to 10 from 11