Here are the 424B prospectus supplements from Forbright, Inc. (FRBT) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow FRBT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FRBT filings page.
Forbright, Inc. is conducting an initial public offering of 7,900,000 shares of Class A common stock at an initial public offering price of $18.00 per share. The offering size at that price equates to a gross offering amount of $142,200,000.
The prospectus states the company expects net proceeds to the issuer of approximately $130.8 million (or approximately $150.8 million if the underwriters exercise their option in full) and that the shares will be listed on the Nasdaq Global Select Market under the symbol FRBT. The underwriters may purchase up to 1,185,000 additional shares within 30 days.