Keefe, Bruyette & Woods

Five Star Bancorp Announces Pricing of Common Stock Offering

Retrieved on: 
Thursday, March 28, 2024

RANCHO CORDOVA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- (March 28, 2024) – 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 the pricing of the previously announced underwritten public offering of 3,450,000 shares of its common stock at a public offering price of $21.75 per share.

Key Points: 
  • RANCHO CORDOVA, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- (March 28, 2024) – 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 the pricing of the previously announced underwritten public offering of 3,450,000 shares of its common stock at a public offering price of $21.75 per share.
  • In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 517,500 shares of Company common stock at the public offering price, less underwriting discounts and commissions.
  • Keefe, Bruyette & Woods, A Stifel Company is acting as the bookrunner for the offering.
  • The offering of common stock is being made pursuant to a registration statement on Form S-3 (File No.

Five Star Bancorp Announces Launch of Common Stock Offering

Retrieved on: 
Wednesday, March 27, 2024

RANCHO CORDOVA, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- 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.

Key Points: 
  • RANCHO CORDOVA, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- 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.
  • The offering of common stock is being made pursuant to a registration statement on Form S-3 (File No.

Marex Group plc Announces Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.

Key Points: 
  • NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Marex Group (“Marex”), the diversified global financial services platform, today announces that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.
  • The timing of the offering, number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Barclays, Goldman Sachs & Co. LLC, Jefferies, and Keefe, Bruyette & Woods, a Stifel Company, are acting as joint lead book-running managers for the proposed offering.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.

nCino to Acquire DocFox

Retrieved on: 
Monday, March 18, 2024

WILMINGTON, N.C., March 18, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that it has signed a definitive agreement to acquire DocFox, a leading solution provider automating onboarding experiences for commercial and business banking.

Key Points: 
  • WILMINGTON, N.C., March 18, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that it has signed a definitive agreement to acquire DocFox, a leading solution provider automating onboarding experiences for commercial and business banking.
  • DocFox has helped institutions condense complicated and admin-intensive onboarding processes from weeks to days or even hours.
  • We are also excited for the access to industry-leading talent, resources, and synergies the acquisition of DocFox by nCino will bring to the business customer onboarding and banking solution space.
  • Keefe, Bruyette & Woods, A Stifel Company served as financial advisor to DocFox and Wilson Sonsini Goodrich & Rosati, Professional Corporation served as legal counsel to DocFox.

STIFEL TO ACQUIRE FINANCE 500 and CB RESOURCE

Retrieved on: 
Thursday, March 14, 2024

ST. LOUIS, March 14, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire Finance 500, Inc. (“Finance 500”) and CB Resource, Inc. (“CBR”).

Key Points: 
  • ST. LOUIS, March 14, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire Finance 500, Inc. (“Finance 500”) and CB Resource, Inc. (“CBR”).
  • Houlihan Lokey acted as exclusive financial advisor and Calfee, Halter & Griswold LLP acted as legal advisor to Finance 500 and CB Resource.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.
  • Finance 500, Inc. (“Finance 500”) is a brokerage and investment services provider focused on underwriting FDIC-insured Certificates of Deposits and fixed income securities trading.

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

Retrieved on: 
Monday, March 18, 2024

BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC).

Key Points: 
  • BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC).
  • As a result of the merger, legacy TCPC shareholders and former BCIC shareholders own approximately 67.5% and 32.5%, respectively, of the combined company.
  • Houlihan Lokey served as financial advisor and Dechert LLP as the legal counsel to the special committee of TCPC.
  • Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to the advisors of TCPC and BCIC.

BlackRock TCP Capital Corp. Announces Completion of Merger With BlackRock Capital Investment Corporation

Retrieved on: 
Monday, March 18, 2024

BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC).

Key Points: 
  • BlackRock TCP Capital Corp. (“TCPC”)(NASDAQ: TCPC) today announced the closing of the previously announced merger with BlackRock Capital Investment Corporation (“BCIC”)(NASDAQ:BKCC).
  • As a result of the merger, legacy TCPC shareholders and former BCIC shareholders own approximately 67.5% and 32.5%, respectively, of the combined company.
  • Houlihan Lokey served as financial advisor and Dechert LLP as the legal counsel to the special committee of TCPC.
  • Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to the advisors of TCPC and BCIC.

Pagaya Announces Pricing of 7,500,000 Class A Ordinary Shares

Retrieved on: 
Thursday, March 14, 2024

Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that it has priced an underwritten public offering (the “Offering”) of 7,500,000 Class A ordinary shares, no par value (“Class A Ordinary Shares”) at a public offering price of $12.70.

Key Points: 
  • Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that it has priced an underwritten public offering (the “Offering”) of 7,500,000 Class A ordinary shares, no par value (“Class A Ordinary Shares”) at a public offering price of $12.70.
  • The Company granted the underwriters a 30-day option to purchase up to 1,125,000 additional Class A Ordinary Shares.
  • The gross proceeds to the Company from the Offering are expected to be approximately $95 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.
  • The Offering is expected to close on March 18, 2024, subject to market and other conditions.

Pagaya Announces Public Offering of Class A Ordinary Shares

Retrieved on: 
Wednesday, March 13, 2024

Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that it has commenced an underwritten public offering (the “Offering”) of 6,500,000 Class A ordinary shares, no par value (“Class A Ordinary Shares”).

Key Points: 
  • Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced that it has commenced an underwritten public offering (the “Offering”) of 6,500,000 Class A ordinary shares, no par value (“Class A Ordinary Shares”).
  • The Company intends to grant the underwriters a 30-day option to purchase up to 975,000 additional Class A Ordinary Shares.
  • The Company intends to use the net proceeds from the Offering for general corporate purposes and to support future growth, which may include working capital expenses and associated investments.
  • The Offering will be made only by means of a prospectus supplement and the accompanying prospectus.

Nayax Announces Pricing of Public Offering

Retrieved on: 
Friday, March 8, 2024

HERZLIYA, Israel, March 07, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ: NYAX, “Nayax”), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, announced today the pricing of an underwritten public offering of 3,130,435 of its ordinary shares at a public offering price of $26.00 per share.

Key Points: 
  • HERZLIYA, Israel, March 07, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ: NYAX, “Nayax”), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, announced today the pricing of an underwritten public offering of 3,130,435 of its ordinary shares at a public offering price of $26.00 per share.
  • In addition, Nayax has granted the underwriters a 30-day option to purchase up to 469,565 additional ordinary shares at the public offering price, less underwriting discounts and commissions.
  • Nayax will not receive any proceeds from the sale of shares by the selling shareholders.
  • The offering is expected to close on March 12, 2024, subject to the satisfaction of customary closing conditions.