Avidbank Holdings, Inc. Announces Launch of Initial Public Offering
Avidbank Holdings (NASDAQ:AVBH) has announced the launch of its Initial Public Offering (IPO), offering 2,610,000 shares of common stock with an expected price range of $22.00 to $24.00 per share. The company plans to grant underwriters a 30-day option to purchase up to 391,500 additional shares.
The San Jose-based bank will list on the Nasdaq Global Select Market under the ticker "AVBH". Piper Sandler and Stephens Inc. are serving as Joint Bookrunners, with D.A. Davidson & Co. as Lead Manager and Janney Montgomery Scott LLC as Co-manager. The proceeds will support organic growth strategies, expand market share, strengthen regulatory capital, and potentially optimize the balance sheet.
Avidbank Holdings (NASDAQ:AVBH) ha annunciato il lancio della sua Offerta Pubblica Iniziale (IPO), offrendo 2.610.000 azioni ordinarie con un prezzo previsto compreso tra 22,00 e 24,00 dollari per azione. La società prevede di concedere agli underwriter un'opzione di 30 giorni per acquistare fino a 391.500 azioni aggiuntive.
La banca con sede a San Jose sarà quotata sul Nasdaq Global Select Market con il simbolo "AVBH". Piper Sandler e Stephens Inc. agiscono come Joint Bookrunners, con D.A. Davidson & Co. come Lead Manager e Janney Montgomery Scott LLC come Co-manager. I proventi saranno utilizzati per supportare strategie di crescita organica, espandere la quota di mercato, rafforzare il capitale regolamentare e potenzialmente ottimizzare il bilancio.
Avidbank Holdings (NASDAQ:AVBH) ha anunciado el lanzamiento de su Oferta Pública Inicial (OPI), ofreciendo 2.610.000 acciones ordinarias con un rango de precio esperado de $22.00 a $24.00 por acción. La compañía planea otorgar a los suscriptores una opción de 30 días para comprar hasta 391.500 acciones adicionales.
El banco con sede en San José se listará en el Nasdaq Global Select Market bajo el símbolo "AVBH". Piper Sandler y Stephens Inc. actúan como Co-líderes de libro, con D.A. Davidson & Co. como Gerente Principal y Janney Montgomery Scott LLC como Co-gerente. Los ingresos se destinarán a apoyar estrategias de crecimiento orgánico, ampliar la cuota de mercado, fortalecer el capital regulatorio y potencialmente optimizar el balance general.
Avidbank Holdings (NASDAQ:AVBH)가 초기 공개 모집(IPO)을 시작한다고 발표했으며, 2,610,000주의 보통주를 주당 $22.00에서 $24.00 사이의 예상 가격으로 제공합니다. 회사는 인수인들에게 30일 동안 최대 391,500주 추가 매수 옵션을 부여할 계획입니다.
샌호세에 본사를 둔 이 은행은 나스닥 글로벌 셀렉트 마켓에 "AVBH"라는 티커로 상장할 예정입니다. Piper Sandler와 Stephens Inc.가 공동 주관사를 맡고, D.A. Davidson & Co.가 주관사, Janney Montgomery Scott LLC가 공동 주관사 역할을 합니다. 조달 자금은 유기적 성장 전략 지원, 시장 점유율 확대, 규제 자본 강화 및 잠재적 대차대조표 최적화에 사용될 예정입니다.
Avidbank Holdings (NASDAQ:AVBH) a annoncé le lancement de son Offre Publique Initiale (IPO), proposant 2 610 000 actions ordinaires avec une fourchette de prix attendue entre 22,00 $ et 24,00 $ par action. La société prévoit d'accorder aux souscripteurs une option de 30 jours pour acheter jusqu'à 391 500 actions supplémentaires.
La banque basée à San Jose sera cotée sur le Nasdaq Global Select Market sous le symbole "AVBH". Piper Sandler et Stephens Inc. agissent en tant que co-chefs de file, avec D.A. Davidson & Co. en tant que gestionnaire principal et Janney Montgomery Scott LLC en tant que co-gestionnaire. Les fonds recueillis serviront à soutenir les stratégies de croissance organique, à étendre la part de marché, à renforcer le capital réglementaire et potentiellement à optimiser le bilan.
Avidbank Holdings (NASDAQ:AVBH) hat den Start seines Börsengangs (IPO) angekündigt und bietet 2.610.000 Stammaktien zu einem erwarteten Preis zwischen 22,00 und 24,00 US-Dollar pro Aktie an. Das Unternehmen plant, den Underwritern eine 30-tägige Option zum Kauf von bis zu 391.500 zusätzlichen Aktien zu gewähren.
Die in San Jose ansässige Bank wird an der Nasdaq Global Select Market unter dem Tickersymbol "AVBH" gelistet. Piper Sandler und Stephens Inc. fungieren als gemeinsame Bookrunner, D.A. Davidson & Co. als Lead Manager und Janney Montgomery Scott LLC als Co-Manager. Die Erlöse sollen organisches Wachstum fördern, den Marktanteil ausbauen, das regulatorische Kapital stärken und möglicherweise die Bilanz optimieren.
- IPO proceeds will strengthen regulatory capital and support organic growth
- Listing on prestigious Nasdaq Global Select Market indicates strong company profile
- Diverse lending portfolio across commercial, venture, structured finance, and real estate sectors
- Strong underwriting syndicate with reputable financial institutions
- Potential dilution for existing shareholders
- Market and pricing uncertainty in current economic environment
- Substantial costs associated with being a public company
SAN JOSE, CA / ACCESS Newswire / August 4, 2025 / Avidbank Holdings, Inc. ("Avidbank Holdings" or the "Company"), a California corporation and the bank holding company for Avidbank (the "Bank"), a California state-chartered bank, announced today the launch of its initial public offering of 2,610,000 shares of its common stock.
The Company expects to grant the underwriters a 30-day option to purchase up to an additional 391,500 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is currently expected to be between
Avidbank Holdings intends to use the net proceeds from the offering to increase the capital of the Bank to support the Company's organic growth strategies, including expanding its overall market share and lending activities, strengthening regulatory capital, the potential optimization of the balance sheet, which may include repositioning a substantial portion of the available-for-sale securities portfolio, and for working capital and other general corporate purposes.
Piper Sandler and Stephens Inc. are Joint Bookrunners for the offering, with D.A. Davidson & Co. acting as Lead Manager and Janney Montgomery Scott LLC as Co-manager. The proposed offering is being made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering may be obtained from:
Piper Sandler & Co., Prospectus Department
Phone: (800) 747-3924
Email: prospectus@psc.com
Stephens Inc., Syndicate Department
Phone: (800) 643-9691
Email: prospectus@stephens.com
A registration statement on Form S-1 (File No. 333-288743) relating to these securities (including a preliminary prospectus) has been filed with the Securities and Exchange Commission (the "SEC") but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Before making any investment decision, investors are urged to carefully read the preliminary prospectus in that registration statement, any amendments or supplements to the preliminary prospectus, and other documents filed with the SEC for more complete information about us and the proposed offering.Copies of Avidbank Holdings' filings with the SEC are available on the SEC's website at www.sec.gov.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations, or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About Avidbank
Avidbank Holdings, Inc., headquartered in San Jose, California, offers innovative financial solutions and services. We specialize in commercial & industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, fund finance, and real estate construction and commercial real estate lending. Avidbank provides a different approach to banking. We do what we say.
Contact: Patrick Oakes
Executive Vice President and Chief Financial Officer
408-200-7390
IR@avidbank.com
Forward Looking Statements
This communication contains forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements involve risks and uncertainties. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and, in each case, their negative or other variations or comparable terminology and expressions. This document specifically contains forward-looking statements regarding the proposed offering, the anticipated use of the net proceeds therefrom, the expected listing on Nasdaq, and anticipated terms of the proposed offering. You should not place undue reliance on forward-looking statements because they are subject to numerous uncertainties and factors relating to our operations and business, all of which are difficult to predict and many of which are beyond our control, including those set forth in the Risk Factors section of the Company's registration statement on Form S-1 relating to the offering, as well as any other SEC filings, as amended or updated from time to time. Any forward-looking statements presented herein are made only as of the date of this press release, and Avidbank Holdings does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unanticipated events, or otherwise, except as required by law.
SOURCE: Avidbank Holdings, Inc.
View the original press release on ACCESS Newswire
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