Allegiance Bancshares (ABTX) IPO Prices at $21, Below Expected Range

Go back to Allegiance Bancshares (ABTX) IPO Prices at $21, Below Expected Range

Allegiance Bancshares (ABTX) IPO Opens Higher

October 8, 2015 11:13 AM EDT

Today's IPO for Allegiance Bancshares, Inc. (NASDAQ: ABTX) opened for trading at $22.55 after pricing 2,600,000 shares of common stock at $21.00 per share, below the expected $22-24 range.

Allegiance has granted the underwriters for the offering a 30-day option to purchase up to an additional 390,000... More