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home / news releases / FGBI - First Guaranty Bancshares completes $10M private placement of shares

FGBI - First Guaranty Bancshares completes $10M private placement of shares

First Guaranty Bancshares Inc.

2023-05-24 09:54:53 ET

  • Bank holding company First Guaranty Bancshares ( NASDAQ: FGBI ) said on Wednesday that it completed a $10M private placement of shares.
  • The private placement involved a sale of 714,286 shares at $14 per share.
  • The company expects to use the proceeds for general corporate purposes, and to enhance regulatory capital ratios.
  • Source: Press Release

For further details see:

First Guaranty Bancshares completes $10M private placement of shares
Stock Information
Company Name: First Guaranty Bancshares Inc.
Stock Symbol: FGBI
Market: NASDAQ
Website: fgb.net
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