FIG Has Raised More Than $3.8 Billion In Equity Capital In 119 Offerings To Date
ATLANTA, October 27, 2017 — The First Bancshares, Inc. (NASDAQ: FBMS) has announced the pricing of a public offering of 1,750,000 shares of its common stock at $29.00 per share for gross proceeds of approximately $50.8 million.
The First Bancshares intends to use the net proceeds to fund the cash portion of the purchase price of its previously announced acquisition of Southwest Banc Shares, Inc., to fund other potential future acquisitions, and for general corporate purposes, including the repayment of debt and to support organic growth.
The FIG team included Greg Gersack, Senior Managing Principal and Co-Head of Investment Banking;
John Schramm, Principal; 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.