The IPO market is set to host a historic event in the coming week, with SpaceX (SPCX) set to list on Friday. Beyond the headline offering, a few other sizable IPOs are scheduled to price. SpaceX plans to raise $75 billion by offering 555.6 million shares at...read more
Forbright, a digital-first bank that specializes in middle-market commercial lending, announced terms for its IPO on Tuesday. The Chevy Chase, MD-based company plans to raise $150 million by offering 7.9 million shares at a price range of $18 to $20. At the...read more
Regional banks are looking to regain last year’s IPO momentum, as two US banks filed to go public in the last two weeks: Forbright and First Carolina Financial Services. The timing tees them both up for potential June listings. ...read more
Forbright, a digital-first bank and commercial lender specializing in sustainable finance, filed on Friday with the SEC for an initial public offering. The company filed with a placeholder deal size of $100 million. The Maryland-based bank traces its history...read more
US IPO Week Ahead: SpaceX counts down to its historic $75 billion IPO
The IPO market is set to host a historic event in the coming week, with SpaceX (SPCX) set to list on Friday. Beyond the headline offering, a few other sizable IPOs are scheduled to price. SpaceX plans to raise $75 billion by offering 555.6 million shares at...read more
Digital bank Forbright sets terms for $150 million IPO
Forbright, a digital-first bank that specializes in middle-market commercial lending, announced terms for its IPO on Tuesday. The Chevy Chase, MD-based company plans to raise $150 million by offering 7.9 million shares at a price range of $18 to $20. At the...read more
Branching out: Two regional banks file for US IPOs
Regional banks are looking to regain last year’s IPO momentum, as two US banks filed to go public in the last two weeks: Forbright and First Carolina Financial Services. The timing tees them both up for potential June listings. ...read more
Digital bank Forbright files for an estimated $100 million IPO
Forbright, a digital-first bank and commercial lender specializing in sustainable finance, filed on Friday with the SEC for an initial public offering. The company filed with a placeholder deal size of $100 million. The Maryland-based bank traces its history...read more