Third Coast Bancshares, Inc. (TCBX) Prices 3.5M Share IPO at $25/sh
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Third Coast Bancshares, Inc. Announces Pricing of Initial Public Offering of Common Stock
November 8, 2021 6:25 PM ESTHUMBLE, Texas--(BUSINESS WIRE)-- Third Coast Bancshares, Inc. (Third Coast), the bank holding company for Third Coast Bank, SSB, today announced the pricing of the initial public offering of 3,500,000 shares of its common stock at a public offering price of $25.00 per share. Third Coast has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock. Third Coasts common stock is expected to begin trading on the NASDAQ Global Select Market under the trading symbol TCBX on November 9, 2021.
Third Coast intends to use the net proceeds from the offering to support its... More
