From GlobeNewswire: 2024-03-28 09:05:00

Five Star Bancorp announced the pricing of an underwritten public offering of 3,450,000 shares of common stock at a price of $21.75 per share, expecting to raise approximately $70.9 million. The company granted underwriters an option to purchase an additional 517,500 shares. The proceeds will be used for general corporate purposes and growth opportunities. The offering is expected to close on or about April 2, 2024. Keefe, Bruyette & Woods is the bookrunner for the offering, with Stephens Inc. and D.A. Davidson & Co. as co-managers. This offering is made pursuant to a registration statement declared effective by the SEC in February 2023.



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