Five Star Bancorp closes $44 follow-on offering raising $130.6 million in proceeds

Reuters2026/07/27 20:25

By:Reuters

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Five Star Bancorp closed an underwritten follow-on offering of 3,133,750 common shares at USD 44 per share.
Deal included full exercise of the underwriters’ option for 408,750 additional shares.
Proceeds were about USD 130.6 million, net of underwriting discounts and commissions.
Net proceeds earmarked for general corporate purposes, bank investments to support growth, and working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Five Star Bancorp published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Five Star Bancorp closes $44 follow-on offering raising $130.6 million in proceeds

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