Coastal Financial Corporation Prices Public Offering of Common Stock
Coastal Financial Corporation (CCB)
Last coastal financial corporation earnings: 4/27 09:25 am
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Source: GlobeNewswire
EVERETT, Wash., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB) (“Coastal” or the “Company”), the holding company for Coastal Community Bank (the “Bank”), today announced the pricing of an underwritten public offering of 1,200,000 shares of its common stock, no par value per share (the "Common Stock"), at a price to the public of $71.00 per share. Coastal also granted the underwriters a 30-day option to purchase up to an additional 180,000 shares of its Common Stock sold in this offering at the public offering price, less underwriting discounts and commissions. The aggregate gross proceeds of the offering will be approximately $85.2 million before deducting underwriting discounts and commissions and estimated offering expenses. Assuming the underwriters’ option to purchase additional shares is exercised in full, it is expected the aggregate gross proceeds of the offering would be approximately $98.0 million before deducting underwriting discounts and c
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News
- Compass Health Celebrates Second Donation from Longtime Partner for its State-of-the-Art Regional Center for Intensive Behavioral Health Needs [Yahoo! Finance]Yahoo! Finance
- Coastal Financial Co. (NASDAQ: CCB) had its price target raised by analysts at Keefe, Bruyette & Woods from $92.00 to $96.00. They now have an "outperform" rating on the stock.MarketBeat
- Coastal Financial Corporation Announces Proposed Public Offering of Common Stock [Yahoo! Finance]Yahoo! Finance
- Coastal Financial Corporation Announces Proposed Public Offering of Common StockGlobeNewswire
- Those who invested in Coastal Financial (NASDAQ:CCB) five years ago are up 357% [Yahoo! Finance]Yahoo! Finance
CCB
Earnings
- 10/29/24 - Beat
CCB
Sec Filings
- 12/12/24 - Form 8-K
- 12/12/24 - Form 424B5
- 12/10/24 - Form FWP
- CCB's page on the SEC website