Avidbank Holdings, Inc.

Avidbank Holdings, Inc. (AVBH) priced its initial public offering on Aug 8, 2025 at $23.00 per share, within its $22.00–$24.00 range, raising $60M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $242M. Piper Sandler was lead-left underwriter. Manatt, Phelps & Phillips advised the company and Davis Polk advised the underwriters.

Avidbank Holdings, Inc. is the holding company for Avidbank, a California state-chartered commercial bank founded in 2003. It provides lending, deposit, treasury management and digital banking services to small and mid-sized businesses, technology companies and individuals.

Status

IPO

Ticker

AVBH

Exchange

Nasdaq Global Select

Priced

Aug 8, 2025

IPO price

$23.00

Price range

$22.00–$24.00

Raised

$60M

Market cap at IPO price

$242M

First filed

Jul 18, 2025

Underwriters

Piper Sandler

Company counsel

Manatt, Phelps & Phillips

Underwriters' counsel

Davis Polk

Sector

Financials

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.