CoastalSouth Bancshares, Inc.

CoastalSouth Bancshares, Inc. (COSO) priced its initial public offering on Jul 2, 2025 at $21.50 per share, within its $21.50–$23.50 range, and listed on NYSE. At the IPO price its market capitalization was about $220.9M. Piper Sandler was lead-left underwriter. Alston & Bird advised the company and Troutman Pepper advised the underwriters.

CoastalSouth Bancshares, Inc. is a bank holding company headquartered in Atlanta, Georgia. Through Coastal States Bank, it offers banking products and services to businesses, real estate professionals and consumers in fast-growing U.S. markets.

Status

IPO

Ticker

COSO

Exchange

NYSE

Priced

Jul 2, 2025

IPO price

$21.50

Price range

$21.50–$23.50

Market cap at IPO price

$220.9M

First filed

Jun 6, 2025

Underwriters

Piper Sandler

Company counsel

Alston & Bird

Underwriters' counsel

Troutman Pepper

Sector

Financials

Country / state

GA

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