By The Online Investor Staff, updated Thu., Oct. 8, 5:56 PM
Slide #1. Allegiance Bancshares, Inc. — Initial Public Offering
||Allegiance Bancshares, Inc.
|Price Per Share:
||Allegiance Bancshares, Inc. (NASDAQ:ABTX) ("Allegiance"), the holding company of Allegiance Bank, a Texas state chartered bank, announced today the pricing of its initial public offering of 2,600,000 shares of common stock at $21.00 per share for gross proceeds of approximately $54.6 million. Shares are expected to begin trading tomorrow, October 8, 2015, on the NASDAQ Global Market under the ticker symbol "ABTX." Allegiance has granted the underwriters for the offering a 30-day option to purchase up to an additional 390,000 shares of common stock to cover overallotments, if any. Robert W. Baird & Co. Incorporated and Stephens Inc. are serving as joint bookrunners for the offering. Keefe, Bruyette & Woods, Inc. and Sandler O'Neill + Partners, L.P. are serving as co-managers for the offering.
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October 8, 2015 5:56 PM Eastern