Red River Bancshares, Inc. Announces Pricing of Initial Public Offering

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Red River Bancshares (RRBI) IPO Opens 22% Higher

May 3, 2019 11:23 AM EDT

Today's IPO for Red River Bancshares, Inc. (NASDAQ: RRBI) opened for trading at $55 after pricing its initial public offering of 600,000 shares of its common stock at a public offering price of $45.00 per share.

Of the offered shares, 573,320 are being offered by the Company, and 26,680 are being offered by certain selling shareholders. The Company has also granted the underwriters a 30-day option... More