FIG Partners Served As Co-Manager In $47.1 Million Stock Offering For Revere Bank

FIG Has Raised More Than $4.5 Billion In Equity Capital In 136 Offerings

ATLANTA, September 24, 2018 — Revere Bank (OTCQX:REVB) has closed its underwritten public offering of 1,610,000 shares of its common stock at $29.25 per share.

FIG Served As Co-Manager In $47.1 Million Stock Offering For Revere BankThe net proceeds totaled approximately $44.1 million after deducting estimated underwriting discounts and offering expenses. The offering included the full exercise by the underwriter to purchase an additional 210,000 shares.

The FIG team included Sloan Deerin, Principal; Greg Gersack and Matthew Veneri, Managing Principals and Co-Heads of Investment Banking; and Lozan Aleksandrov, Senior Vice President and Deputy Head of Capital Markets.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

FIG Advised Citizens Community Bancorp, Inc. In Branch Sale