Forbright completes $142.2M Nasdaq IPO

Forbright, Inc. reported that it completed its initial public offering of 7,900,000 shares of Class A common stock at $18.00 per share.

Rhea-AI Filing Summary

Forbright, Inc. reported that it completed its initial public offering of 7,900,000 shares of Class A common stock at $18.00 per share. This offering generated gross proceeds of approximately $142.2 million for the company before underwriting discounts, commissions, and offering expenses.

In connection with the IPO, Forbright amended and restated its certificate of incorporation and adopted amended and restated bylaws, both effective on June 11, 2026. These governing documents, previously approved by the board and stockholders, align the company’s corporate structure with its new status as a public company on Nasdaq.

Insights

Equity capital markets analyst

Forbright raises substantial new equity capital in its IPO.

Forbright, Inc. completed an initial public offering of 7,900,000 Class A shares at $18.00 each, generating gross proceeds of about $142.2 million. This materially increases the company’s equity base and provides funding capacity for growth or balance sheet strengthening, as later detailed in other disclosures.

The company simultaneously implemented amended and restated charter and bylaws effective June 11, 2026. These documents, described in the “Description of Capital Stock” section of its prospectus, typically address voting rights, board structure, and other governance terms appropriate for a newly public issuer.

Investors may focus on how this new capital structure and governance framework interact with the Nasdaq listing and future corporate actions. Subsequent periodic reports should clarify how the IPO proceeds affect leverage, liquidity, and strategic priorities over upcoming reporting periods.

8-K Event Classification

3 items: 5.03, 8.01, 9.01

3 items

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

IPO shares sold: 7,900,000 shares IPO price: $18.00 per share Gross IPO proceeds: $142.2 million +2 more

5 metrics

IPO shares sold 7,900,000 shares Class A common stock in initial public offering completed June 12, 2026

IPO price $18.00 per share Price to the public for Class A common stock

Gross IPO proceeds $142.2 million Approximate gross proceeds before underwriting discounts and expenses

Charter effective date June 11, 2026 Amended and restated certificate of incorporation became effective

Bylaws effective date June 11, 2026 Amended and restated bylaws adopted

Key Terms

initial public offering, amended and restated certificate of incorporation, amended and restated bylaws, Description of Capital Stock, +1 more

5 terms

initial public offering financial

"the Company completed its initial public offering of 7,900,000 shares"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

amended and restated certificate of incorporation regulatory

"amended and restated its certificate of incorporation (the “Certificate of Incorporation”)"

A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.

amended and restated bylaws regulatory

"effective as of June 11, 2026, the Company adopted amended and restated bylaws"

A company’s amended and restated bylaws are its internal rulebook rewritten to include all changes in one updated document, replacing the old bylaws. For investors, this matters because the bylaws set how the board, shareholders and officers make decisions, hold votes and handle disputes; a new consolidated version can change voting rights, control mechanisms or procedures that affect corporate governance and the value or risk of an investment.

Description of Capital Stock financial

"set forth in the section titled “Description of Capital Stock” in the Prospectus"

Registration Statement on Form S-1 regulatory

"relating to the Registration Statement on Form S-1 (File No. 333-295966)"

A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Forbright, Inc. (FRBT) announce regarding its initial public offering?

Forbright, Inc. announced completion of its initial public offering, selling 7,900,000 shares of Class A common stock at $18.00 per share. The transaction marks its transition to a publicly traded company on the Nasdaq Stock Market, with governance documents updated to reflect public company status.

How much capital did Forbright, Inc. (FRBT) raise in its IPO?

Forbright raised gross proceeds of approximately $142.2 million from its initial public offering. This amount reflects selling 7,900,000 Class A common shares at $18.00 per share, before deducting underwriting discounts, commissions, and estimated offering expenses payable by the company.

What corporate governance changes did Forbright, Inc. (FRBT) implement around the IPO?

Forbright amended and restated its certificate of incorporation and adopted amended and restated bylaws effective June 11, 2026. These governing documents, approved by the board and stockholders, are described in the “Description of Capital Stock” section of its final prospectus tied to the IPO.

On which exchange is Forbright, Inc. (FRBT) Class A common stock listed?

Forbright’s Class A common stock, with a par value of $0.001 per share, is listed on The Nasdaq Stock Market under the trading symbol FRBT. This listing accompanies the company’s completed initial public offering of 7,900,000 Class A shares at $18.00 per share.

When did Forbright, Inc. (FRBT) complete its initial public offering?

Forbright completed its initial public offering on June 12, 2026. The transaction followed board and stockholder approval of amended and restated charter and bylaws, which became effective on June 11, 2026, just prior to the IPO’s closing and the company’s transition to public status.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/12/2026 - 04:05 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 11, 2026

Forbright, Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-43343			26-3126112
(State or other jurisdiction			(Commission			(IRS Employer
of incorporation)			File Number)			Identification Number)

4445 Willard Ave, Suite 1000

Chevy Chase, Maryland 20815

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (301) 299-8810

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, $0.001 par value per share

FRBT

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On June 11, 2026, Forbright, Inc., a Delaware corporation (the “Company”) amended and restated its certificate of incorporation (the “Certificate of Incorporation”), and effective as of June 11, 2026, the Company adopted amended and restated bylaws (the “Bylaws”). As described in the final prospectus, dated June 10, 2026 (the “Prospectus”), relating to the Registration Statement on Form S-1 (File No. 333-295966), as amended, filed with the Securities and Exchange Commission on June 11, 2026, pursuant to Rule 424(b) under the Securities Act of 1933, as amended, the Company’s board of directors and stockholders previously approved the amendment and restatement of these documents to be effective prior to the closing of the Company’s initial public offering. A description of certain provisions of the Certificate of Incorporation and the Bylaws is set forth in the section titled “Description of Capital Stock” in the Prospectus.

The foregoing description of the Certificate of Incorporation and the Bylaws is qualified in its entirety by reference to (1) the Certificate of Incorporation filed as Exhibit 3.1 hereto and (2) the Bylaws filed as Exhibit 3.2 hereto, each of which is incorporated herein by reference.

Item 8.01 Other Events.

On June 12, 2026, the Company completed its initial public offering of 7,900,000 shares of its Class A common stock at a price to the public of $18.00 per share. The gross proceeds to the Company from the initial public offering were approximately $142.2 million before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.						Description
3.1						Amended and Restated Certificate of Incorporation of Forbright, Inc.
3.2						Amended and Restated Bylaws of Forbright, Inc.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						FORBRIGHT, INC.
Date: June 12, 2026
						By:			/s/ Christopher S. Lynch
									Christopher S. Lynch
									Chief Financial Officer

Filing Exhibits & Attachments

2 documents

Other Documents

• EX-3.1 EX-3.1 182.4 KB
• EX-3.2 EX-3.2 158.3 KB