NCOM News

National Commerce raised $33 million and then the Birmingham bank bounded. Two small medical device companies struggled as SteadyMed had a shaky opening and another pushed its IPO to next week. IPO highlights during the week of March 16, 2015: • Two IPOs: A successful bank offering and a struggling device company • This year's 29 IPOs now trade around their...read more

National Commerce, a commercial bank with 15 offices in Alabama and Florida and $1.1 billion in assets, raised $33 million by offering 1.7 million shares (3% insider) at $19.50, the midpoint of the range of $18.50 to $20.50. The company sold 100,000 more primary shares than originally planned. National Commerce will list on the NASDAQ under the symbol NCOM. Keefe Bruyette Woods...read more

Three IPOs are expected to price this week - a pump, a pump replacement and a regional bank - though the combined proceeds will still fall short of last week's single IPO. Get pumped for medical pumps SteadyMed (STDY) is...read more

National Commerce, a commercial bank with 14 offices in Alabama and Florida and $1.1 billion in assets, announced terms for its IPO on Tuesday. The Birmingham, AL-based company plans to raise $31 million by offering 1.6 million shares (4% insider) at a price range of $18.50 to $20.50. At the midpoint of the proposed range, National Commerce would command a fully diluted market...read more