Esquire Financial Holdings (ESQ) IPO Opens 14% Higher
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Esquire Financial Holdings, Inc. Announces Pricing of Initial Public Offering of Common Stock
June 27, 2017 8:52 AM EDTJERICHO, N.Y., June 27, 2017 /PRNewswire/ -- Esquire Financial Holdings, Inc. ("Esquire") today announced the pricing of its initial public offering of 2,363,873 shares of its common stock at a public offering price of $14.00 per share. Esquire is offering 1,800,000 shares and the selling stockholders are offering 563,873 shares of Esquire's common stock. The offering is expected to result in gross proceeds to Esquire of approximately $25.2 million. The selling stockholders do not include any members of the board of directors or executive management. The net proceeds to Esquire, after deducting the underwriting discount and estimated offering expenses, are expected to be... More
