RBB Bancorp entered into a definitive agreement to acquire Gateway Bank in a cash transaction valued at approximately $22.9 million, subject to certain terms and conditions.
First Internet Bancorp, the parent company of First Internet Bank, entered into a definitive agreement to acquire First Century Bancorp, the parent company of First Century Bank.
Shore Bancshares, the holding company of Shore United Bank, and Severn Bancorp, the holding company of Severn Savings Bank, entered into a definitive agreement under which Severn will merge with and into Shore in a stock and cash transaction valued at approximately $146 million.
Monroe Capital Corporation closed a public offering of $130 million aggregate principal amount of 4.75% notes due 2026. Raymond James & Associates acted as book-running manager for this offering.
Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, has agreed to acquire FIG Partners, an Atlanta-based investment banking and research firm.
Garrison Capital announced the pricing of the initial public offering of 5,333,334 shares of its common stock at a public offering price of $15.00 per share, raising approximately $80 million in gross proceeds.