July 26, 2019 — Eureka Homestead Bancorp, Inc. (OTC Pink: ERKH), the holding company for Eureka Homestead, has completed a $14 million full conversion IPO.
Headquartered in Metaire, Louisiana, Eureka Homestead sold 1,429,676 shares of common stock, including 114,374 shares purchased by the Bank’s employee stock ownership plan, at $10.00 per share. The gross offering proceeds are $14,296,760.
Robert Kotecki, Managing Director, FIG Group, led the transaction for Janney.
FIG Partners Is Now Part Of Janney
In June 2019, FIG Partners joined Janney Montgomery Scott LLC, a leader in middle-market financing solutions. Janney places a high value on its consistent track record of delivering solutions to clients. Since 2009, Janney has completed 609 transactions aggregating $85 billion in transaction value. Janney works with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention. Click here for more information.