Business News • MarketWire • Capital Bank Financial Corp. Announces Pricing of Its Initial Public Offering |
Capital Bank Financial Corp. Announces Pricing of Its Initial Public Offering |
|
|
Capital Bank Financial Corp. Announces Pricing of Its Initial Public Offering
CORAL GABLES, FL--(Marketwire - Sep 20, 2012) - Capital Bank Financial Corp. (NASDAQ: CBF) ("Capital Bank Financial"), formerly known as North American Financial Holdings, Inc., a North Carolina-based national bank holding company, today announced the pricing of its initial public offering of 10,000,000 shares of Class A common stock at $18.00 per share. Capital Bank Financial is selling 5,681,818 shares and certain of its stockholders are selling 4,318,182 shares. The shares of Class A common stock are expected to begin trading on The NASDAQ Global Select Market on September 20, 2012 under the symbol "CBF." The underwriters have a 30-day option to purchase from the selling stockholders up to an additional 1,500,000 shares of Class A common stock, on the same terms and conditions, to cover over-allotments, if any. The offering is expected to close on September 25, 2012.
View More : http://www.marketwire.com/mw/release.do?id=1703635&sourceType=3
|
|
|