Co-Manager
Bank7 Corp.
Equity Capital Markets
Secondary Offering
Transaction Details
- On December 9, 2021, Bank7 Corp. (NASDAQ: BSVN) (the “Company”) announced the pricing of an underwritten secondary offering of shares of its common stock by its principal shareholder, the William B. Haines Financial Services Trust (the “Selling Shareholder”), for a total value of $22.0 million
- The deal priced 1,000,000 shares of common stock at $22.00 per share
- The Selling Shareholder granted the underwriters a 30-day option to purchase up to an additional 150,000 shares of the Company’s common stock
- The Company is not selling any shares of common stock in the offering and will not receive any proceeds from the sale
About the company
Bank7 Corp. is a bank holding company headquartered in Oklahoma City, Oklahoma. Through its wholly-owned subsidiary, Bank7, the Company operates twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. The Company is focused on serving business owners and entrepreneurs by delivering fast, consistent, and well-designed loan and deposit products to meet their financing needs. The Company intends to grow organically by selectively opening additional branches in its target markets as well as pursuing strategic acquisitions.
Sources: Company Press Release
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The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from Stephens Inc.’s Equity Syndicate Desk, at Stephens Inc., 111 Center Street, Little Rock, AR 72201, ATTN: Equity Syndicate Desk, or from the Securities and Exchange Commission’s website at www.sec.gov at the following link: https://www.sec.gov/Archives/edgar/data/1746129/000114036121040680/ny20001434x3_424b3.htm A registration statement relating to these securities has been filed with the Securities and Exchange Commission. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective date.
“Stephens” (the company brand name) is a leading family-owned investment firm comprising the businesses of investment banking, advisory, sales and trading, research, insurance and wealth management. Founded in 1933, Stephens’ US operations are headquartered in Little Rock, AR, with additional locations in strategic domestic markets and a European practice in England and Germany. Stephens is committed to building long-term value for corporations, state and local governments, financial institutions, and institutional and individual investors. Stephens’ affiliates include (among others): Stephens Inc. (offers securities products; member NYSE SIPC), Stephens Investment Management Group, Stephens Insurance, LLC, Stephens Capital Partners LLC, and Stephens Europe Limited. © 2021 Stephens. For more information, visitwww.stephens.com. Stephens Inc. is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority (Home Office: 111 Center Street, Little Rock, AR USA, 501-377-2000).