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-0.0013464788732393 0.0112676056338028 -0.00281690140845074 0 0.003943661971831 -0.003943661971831 0.00225352112676052 0.00507042253521126
Stock impact report

South Plains Financial, Inc. Prices Initial Public Offering of Common Stock

South Plains Financial, Inc. (SPFI) 
Last south plains financial, inc. earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
LUBBOCK, Texas, May 08, 2019 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (“South Plains” or the “Company”), the bank holding company for City Bank, today announced the pricing of its initial public offering of 3,380,000 shares of common stock at a price to the public of $17.50 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on May 9, 2019 under the symbol “SPFI.” South Plains is offering 2,700,000 shares of its common stock and a selling shareholder is offering 680,000 shares. The offering is expected to close on May 13, 2019, subject to customary closing conditions. In addition, South Plains has granted the underwriters a 30-day option to purchase up to 507,000 additional shares of South Plains common stock at the initial public offering price less underwriting discounts. Keefe, Bruyette & Woods, A Stifel Company and Sandler O’Neill + Partners, L.P. are acting as joint book-running managers. The offering will be made only by means of a Show less Read more
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