Civista Bancshares Inc. Completes Overallotment Option, Issuing 494,118 Common Shares for $9.9 Million

Reuters
07-17
<a href="https://laohu8.com/S/CIVBP">Civista Bancshares</a> Inc. Completes Overallotment Option, Issuing 494,118 Common Shares for $9.9 Million

Civista Bancshares Inc., the parent company of Civista Bank, has announced the completion of its public offering's overallotment option, resulting in the issuance of an additional 494,118 common shares. These shares were sold at a public offering price of $21.25 per share. The transaction is expected to yield approximately $9.9 million in proceeds for Civista, after accounting for the underwriting discount. The offering was led by Piper Sandler & Co., with D.A. Davidson & Co., Hovde Group, LLC, Janney Montgomery Scott LLC, Keefe, Bruyette & Woods, A Stifel Company, and Stephens Inc. serving as co-managers. The offering was conducted under an effective shelf registration statement filed with the SEC.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Civista Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL31867) on July 16, 2025, and is solely responsible for the information contained therein.

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