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-0.00518134715025907 -0.00518134715025907 -0.00518134715025907 -0.00518134715025907 -0.00518134715025907 -0.00518134715025907 0.00497409326424875 0.024420725388601
Stock impact report

Red River Bancshares, Inc. Announces Closing of Initial Public Offering

Red River Bancshares, Inc. (RRBI) 
Company Research Source: GlobeNewswire
ALEXANDRIA, La., May 07, 2019 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the "Company") (Nasdaq: RRBI), the holding company for Red River Bank, announced today the closing of its initial public offering of common stock at a public offering price of $45.00 per share. The Company’s common stock began trading on the Nasdaq Global Select Market under the trading symbol “RRBI” on Friday, May 3, 2019. On May 3, 2019, the underwriters exercised, in full, their option to purchase additional shares of the Company’s common stock at the public offering price less the underwriting discount. A total of 690,000 shares of the Company’s common stock were sold in the initial public offering, of which the Company sold 663,320 shares (including 90,000 shares sold pursuant to the exercise of the underwriters’ option to purchase additional shares) and certain shareholders sold 26,680 shares. FIG Partners, LLC acted as Lead Bookrunner, and Stephens Inc. acted as Joint Bookrunner for the offering. Show less Read more
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