Brief: Coastal Financial Corporation Prices Public Offering Of Common Stock

Coastal Financial (EVERETT)

15/12/2021 24:12

Dec 14 (Reuters) - Coastal Financial Corp (EVERETT)  CCB.O :
    * COASTAL FINANCIAL CORPORATION PRICES PUBLIC OFFERING OF
COMMON
STOCK
    * COASTAL FINANCIAL CORP-  PRICING OF AN UNDERWRITTEN PUBLIC
OFFERING OF 740,742 SHARES OF ITS COMMON STOCK AT A PRICE TO
PUBLIC OF $40.50 PER SHARE
    * COASTAL FINANCIAL CORP - AGGREGATE GROSS PROCEEDS OF
OFFERING
WILL BE ABOUT $30 MILLION BEFORE DEDUCTING UNDERWRITING
DISCOUNTS & ESTIMATED OFFERING EXPENSES
    * COASTAL FINANCIAL CORP- GRANTED UNDERWRITERS A 30-DAY
OPTION TO
PURCHASE UP TO AN ADDITIONAL 111,111 SHARES OF ITS COMMON STOCK

Source text for Eikon:  ID:nGNXbPKWPD 
Further company coverage:  CCB.O 

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