Red River Bancshares Inc

Red River Bancshares Inc (RRBI) priced its initial public offering on May 3, 2019 at $45.00 per share, within its $42.00–$46.00 range, raising $27M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $324.5M. FIG Partners was lead-left underwriter, joined by Stephens. Fenimore, Kay, Harrison & Ford advised the company and Wyrick Robbins Yates & Ponton advised the underwriters.

Red River Bancshares, Inc. is a bank holding company headquartered in Alexandria, Louisiana. Its subsidiary, Red River Bank, serves commercial and retail customers through 23 banking centers across Central, Northwest, Southeast and Southwest Louisiana and a loan production office in Covington.

Status

IPO

Ticker

RRBI

Exchange

Nasdaq Global Select

Priced

May 3, 2019

IPO price

$45.00

Price range

$42.00–$46.00

Raised

$27M

Market cap at IPO price

$324.5M

First filed

Apr 10, 2019

Underwriters

FIG Partners and Stephens

Company counsel

Fenimore, Kay, Harrison & Ford

Underwriters' counsel

Wyrick Robbins Yates & Ponton

Sector

Financials

Country / state

LA

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