IPO Journey
Forbright, Inc.
IPO Date: June 11, 2026 · 4 filings tracked
Final Offer Terms
Ticker
FRBT
Exchange
Nasdaq Global Select Market
Offer Price
$18.00
Shares Offered
7,900,000
Estimated Proceeds
$142.2M
Underwriters
Led by Goldman Sachs & Co. LLC, J.P. Morgan
BarclaysWells Fargo SecuritiesPiper SandlerTD SecuritiesSantanderCenterview Partners
Filing Timeline
1
S-1
May 15, 2026
- Digital-first commercial banking model with low overhead costs
- Strategic focus on the high-growth 'sustainability economy' and green energy
2
S-1/A
June 2, 2026
- Digital-first banking model with low overhead costs
- Proprietary AI-driven underwriting for faster lending
Changes from previous filing
- ▸ Expected offer range: $18.0 – $20.0 per share
- ▸ Shares offered: 7,900,000
- ▸ Estimated proceeds: $142M
3
S-1/A
June 8, 2026
- Digital-first banking model leveraging cloud infrastructure and AI to maintain a lean cost structure.
- Strategic focus on high-growth lending sectors, specifically healthcare services and sustainable energy.
424B4
Final Pricing
June 11, 2026
- Focus on high-growth sustainable finance and digital-first banking
- Significant profit growth, doubling from $43.4M in 2024 to $87.9M in 2025
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $18.0 per share
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.