First Guaranty Bancshares Inc. announced several share transactions as of June 2025. The company issued a total of 2,201,448 shares of its common stock. This includes the sale of 131,460 shares in a private placement at $8.10 per share to accredited investors, with proceeds used for general corporate purposes. Additionally, 1,981,506 shares were issued under an Exchange Agreement with Edgar Ray Smith, III, in exchange for a Floating Rate Subordinated Note due 2032, worth $15,000,000. Both transactions were conducted without underwriting discounts or commissions, and in reliance on exemptions from the registration provisions of the Securities Act.
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