CBTX Inc., the bank holding company for CommunityBank of Texas NA, has launched its initial public offering of 2.4 million shares.
The company also plans to grant the underwriters a 30-day option to purchase up to an additional 360,000 shares, and the IPO price is expected to be between $24 and $26 per share. Therefore, the proposed maximum aggregate offering price is currently $71.76 million, according to a filing with the U.S. Securities and Exchange Commission. However, that could change, depending…
Houston Biz Journal
Houston bank launches IPO to raise up to .76M