Financing ·
Five Star Bancorp entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. to issue and sell…
FSBCFive Star Bancorp
Five Star Bancorp entered into an underwriting agreement with Keefe, Bruyette & Woods, Inc. to issue and sell 2,725,000 shares of common stock at $44.00 per share in an underwritten public offering. The company expects to receive approximately $112.9 million in net proceeds to be used for general corporate purposes, growth investments, and working capital. Five Star Bancorp is a bank holding company that operates through its subsidiary, Five Star Bank.