Five Star Bancorp Announces Launch of Common Stock Offering
28 3월 2024 - 5:09AM
Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a
holding company that operates through its wholly owned banking
subsidiary, Five Star Bank (the “Bank”), announced today that it
has launched an underwritten public offering of shares of its
common stock. The Company intends to grant the underwriters a
30-day option to purchase additional shares of its common stock.
Keefe, Bruyette & Woods, A Stifel
Company is serving as the bookrunner for the offering, and Stephens
Inc. and D.A. Davidson & Co. are acting as co-managers.
The Company intends to use the net proceeds of
this offering for general corporate purposes and to support its
continued growth, including through investments in the Bank to
pursue growth opportunities, and for working capital.
Additional Information Regarding the
Offering
The offering of common stock is being made
pursuant to a registration statement on Form S-3 (File No.
333-269533) that was declared effective by the Securities and
Exchange Commission (the “SEC”) on February 13, 2023. A preliminary
prospectus supplement to which this communication relates has been
filed with the SEC. Prospective investors should read the
preliminary prospectus supplement and the accompanying prospectus
and other documents the Company has filed with the SEC for more
complete information about the Company and the offering. Copies of
these documents are available at no charge by visiting the SEC’s
website at www.sec.gov. When available, copies of the preliminary
prospectus supplement, the prospectus supplement and accompanying
prospectus related to the offering may be obtained by contacting
Keefe, Bruyette & Woods, A Stifel Company by telephone at (800)
966-1559 or by e-mail at USCapitalMarkets@kbw.com.
No Offer or Solicitation
This press release does not constitute an offer
to sell, a solicitation of an offer to sell, or the solicitation of
an offer to buy any securities. There will be no sale of securities
in any jurisdiction in which such an offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
About Five Star Bancorp
Five Star is a bank holding company
headquartered in Rancho Cordova, California. Five Star operates
through its wholly owned banking subsidiary, Five Star Bank. The
Bank has seven branches in Northern California.
Special Note Concerning Forward-Looking
Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements represent
plans, estimates, objectives, goals, guidelines, expectations,
intentions, projections, and statements of the Company’s beliefs
concerning future events, business plans, objectives, expected
operating results, and the assumptions upon which those statements
are based. Forward-looking statements include without limitation,
any statement that may predict, forecast, indicate, or imply future
results, performance, or achievements, and are typically identified
with words such as “may”, “could”, “should”, “will”, “would”,
“believe”, “anticipate”, “estimate”, “expect”, “aim”, “intend”,
“plan” or words or phases of similar meaning. The Company cautions
that the forward-looking statements are based largely on the
Company’s expectations and are subject to a number of known and
unknown risks and uncertainties that are subject to change based on
factors which are, in many instances, beyond the Company’s control.
Such forward-looking statements are based on various assumptions
(some of which may be beyond the Company’s control) and are subject
to risks and uncertainties, which change over time, and other
factors, which could cause actual results to differ materially from
those currently anticipated. New risks and uncertainties may emerge
from time to time, and it is not possible for the Company to
predict their occurrence or how they will affect the Company. If
one or more of the factors affecting the Company’s forward-looking
information and statements proves incorrect, then the Company’s
actual results, performance, or achievements could differ
materially from those expressed in, or implied by, forward-looking
information and statements contained in this press release.
Therefore, the Company cautions you not to place undue reliance on
the Company’s forward-looking information and statements. Important
factors that could cause actual results to differ materially from
those in the forward-looking statements are set forth in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2023 under the section entitled “Risk Factors,” and other
documents filed by the Company with the SEC from time to time.
The Company disclaims any duty to revise or
update the forward-looking statements, whether written or oral, to
reflect actual results or changes in the factors affecting the
forward-looking statements, except as specifically required by
law.
Investor Contact:Heather C. Luck, Chief
Financial OfficerFive Star Bancorp (916)
626-5008hluck@fivestarbank.com
Media Contact:Shelley R. Wetton, Chief
Marketing OfficerFive Star Bancorp(916)
284-7827swetton@fivestarbank.com
Five Star Bancorp (NASDAQ:FSBC)
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부터 8월(8) 2024 으로 9월(9) 2024
Five Star Bancorp (NASDAQ:FSBC)
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부터 9월(9) 2023 으로 9월(9) 2024