FSB News

Four companies publicly listed on US markets during the last full week of the first quarter, raising $510 million. Solar tech provider SolarEdge outshined its peers while mega biotech Cellectis saw speculators jump in before the IPO and then quickly jump out. In the week ahead, GoDaddy (GDDY) is...read more

Franklin Financial Network, a Tennessee commercial bank with 11 branches and $1.4 billion in assets, raised $55 million by offering 2.6 million shares (upsized from 2.4 million) at $21, below the range of $24 to $27. Franklin Financial Network plans to list on the NYSE under the symbol FSB. BofA Merrill Lynch acted as the sole bookrunner on the deal....read more

In the last full week of the first quarter, the IPO market could see a billion-dollar cancer biotech and a producer of optimized solar power technology. Three health care IPOs: a mega biotech and two small medical devices Pre-clinical immunotherapy biotech Cellectis (CLLS) is the...read more

Franklin Financial Network, a Tennessee commercial bank with 11 branches and $1.4 billion in assets, announced terms for its IPO on Monday. The Franklin, TN-based company plans to raise $61 million by offering 2.4 million shares at a price range of $24 to $27. At the midpoint of the proposed range, Franklin Financial Network would command a fully diluted market value of $278...read more