Articles from Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc. (NASDAQ: TCBX) (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced the closing of the sale of 525,000 shares of its common stock pursuant to the full exercise of the over-allotment option granted to the underwriters in connection with its previously announced initial public offering. Together with the 3,500,000 shares issued on November 12, 2021, Third Coast has issued a total of 4,025,000 shares of common stock in connection with its initial public offering, at a price to the public of $25.00 per share, for total gross proceeds of $100,625,000 before deducting underwriting discounts and commissions and other offering expenses.

Third Coast Bancshares, Inc. (NASDAQ: TCBX) (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced that it has completed the upsized initial public offering of 3,500,000 shares of its common stock at a public offering price of $25.00 per share, the midpoint of the preliminary price range, for aggregate gross proceeds of $87,500,000. Third Coast has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock. Third Coast’s common stock began trading on the NASDAQ Global Select Market under the trading symbol “TCBX” on November 9, 2021.

Third Coast Bancshares, Inc. (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced the pricing of the initial public offering of 3,500,000 shares of its common stock at a public offering price of $25.00 per share. Third Coast has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock. Third Coast’s common stock is expected to begin trading on the NASDAQ Global Select Market under the trading symbol “TCBX” on November 9, 2021.

Third Coast Bancshares, Inc. (“Third Coast”), the bank holding company for Third Coast Bank, SSB, announced today the launch of its initial public offering of shares of its common stock. Third Coast intends to offer 3,000,000 shares of its common stock and also expects to grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock. The initial public offering price is expected to be between $24.00 and $26.00 per share. In connection with the initial public offering, Third Coast intends to list its common stock on the NASDAQ Global Select Market under the trading symbol “TCBX.”