FIG Partners Served As Lead Book-Running Manager In $72.1 Million IPO For BayCom Corp

FIG Has Raised $4.2 Billion In Equity Capital In 129 Offerings

ATLANTA, May 8, 2018 — BayCom Corp (NASDAQ:BCML) announced the closing of its Initial Public Offering of 3,278,900 shares of common stock at $22.00 per share. Gross proceeds totaled $72,135,800.

The offering was upsized from $50 million and the underwriters fully exercised their 30-day option to purchase up to an additional 427,682 shares of stock.

“This transaction validates BayCom’s business model as an acquirer, and it enhances the potential for future M&A and organic growth,” said George Guarini, President and Chief Executive Officer of BayCom. “FIG did an excellent job representing BayCom, and we look forward to using its team as our trusted advisor in the future.”

FIG Served As Lead Book-Running Manager In $72.1 Million Initial Public Offering For BayCom Corp

Greg Gersack, Senior Managing Principal and Co-Head of Investment Banking, said, “The strong response to BayCom’s IPO reflects the company’s unique value proposition and opportunity for growth. FIG is pleased to have helped lead this very successful transaction.”

The FIG team included Gersack; Patrick Nicolini, Senior Vice President; Lozan Aleksandrov, Deputy Head of Capital Markets; and Jason Werner, Vice President.

More information is available here.

This is FIG’s ninth capital raise to date in 2018, representing nearly $200 million of gross proceeds raised.

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.

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