May 13, 2014
ServisFirst Bancshares, Inc. Announces Pricing of Initial Public Offering
Birmingham, AL -
(PR Newswire) – ServisFirst Bancshares, Inc. (“ServisFirst”) today announced that it has priced its initial public offering of 625,000 shares of common stock at $91 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on May 14, 2014, under the symbol “SFBS.” The closing of the offering is expected to occur on May 19, 2014, subject to the satisfaction of customary closing conditions.
The underwriters of the offering have a 30-day option to purchase up to an additional 93,750 shares of common stock from ServisFirst at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.
Sandler O’Neill & Partners, L.P. is acting as sole book-running manager and Raymond James & Associates, Inc. is acting as co-manager for the offering.A registration statement related to these securities was declared effective on May 13, 2014 by the Securities and Exchange Commission. The offering is being made only by means of the written prospectus forming part of the effective registration statement. A copy of the final prospectus related to the offering, when available, may be obtained by contacting Sandler O’Neill & Partners, L.P., Attention: Prospectus Department, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, telephone: (866) 805-4128 or via email at firstname.lastname@example.org, or by contacting Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863 Ext. 72400 or via email at email@example.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.