FinWise Bancorp (FINW) Prices 3.5M Share IPO at $10.50/sh
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FinWise Bancorp Announces Pricing of Initial Public Offering of Common Stock
November 18, 2021 11:16 PM ESTMURRAY, Utah, Nov. 18, 2021 (GLOBE NEWSWIRE) -- FinWise Bancorp (FinWise or the "Company"), parent company of FinWise Bank (the Bank), today announced the pricing of its initial public offering of 3,500,000 shares of its common stock at a public offering price of $10.50 per share. The offering is expected to result in gross proceeds to the Company of approximately $36.8 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $31.0 million. The shares are expected to begin trading on November 19, 2021 on the Nasdaq Global Market under the symbol "FINW."... More
