Business First Bancshares (BFST) Prices 2.5M Share Offering at $20/sh
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Business First Bancshares, Inc. Announces Underwritten Public Offering of Common Stock
October 12, 2022 5:21 PM EDTBATON ROUGE, La., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, announced today an underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $20.00 per share.   The net proceeds to Business First from the offering, after deducting the underwriting discount and offering expenses, are expected to be approximately $46,750,000.
Stephens Inc. is serving as the sole book-running manager for the offering. Raymond James & Associates, Inc. is serving as the lead manager for the offering and D.A. Davidson & Co.,... More
