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Southern First Bancshares closes 1,207,500-share follow-on offering at $54 per share

PUBT·04/17/2026 15:27:42
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Southern First Bancshares closes 1,207,500-share follow-on offering at $54 per share
  • Southern First Bancshares closed an underwritten public offering of 1,207,500 common shares at USD 54 per share.
  • Underwriters exercised option in full for 157,500 additional shares.
  • Gross proceeds totaled about USD 65.2 million before underwriting discounts and expenses.
  • Net proceeds earmarked for general corporate purposes, including organic growth initiatives, capital support for bank subsidiary, or debt redemption.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern First Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL37295) on April 17, 2026, and is solely responsible for the information contained therein.