Red River Bancshares (RRBI) IPO Opens 22% Higher
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Red River Bancshares, Inc. Announces Pricing of Initial Public Offering
May 3, 2019 8:00 AM EDTALEXANDRIA, La., May 03, 2019 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. ("the Company"), a holding company that operates through its wholly owned subsidiary, Red River Bank, announced today the pricing of 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 to purchase up to an additional 90,000 shares of its common stock. The Companys common stock is expected to begin trading on the Nasdaq... More
