Commercial Bancgroup, Inc. went public at $24.00 a share
It sold 7,173,092 shares on Nasdaq Capital Market under the ticker CBK and raised $172.2 million before costs.
Final prospectus (424B4) filed October 2, 2025
The terms
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Offered
7,173,092 shares
Checked
Source
“PROSPECTUS 7,173,092 Shares Common Stock”
A model read this, and code confirmed the quote appears in the filing. -
Price per share
$24.00
Checked
Source
“The initial public offering price per share of our common stock is $24.00 per share.”
A model read this, and code confirmed the quote appears in the filing. -
Raised
$172,154,208before fees and costs
Checked
Source and check
Shares × price = 7,173,092 × $24.00 = $172,154,208. They match.
“Initial public offering price | $24.00 | $172,154,208.00”
A model read this, and code confirmed the quote appears in the filing. -
Lead banks
Hovde Group, LLC
From the prospectus
Source
“Sole Book-Running Manager Hovde Group, LLC”
A model read this, and code confirmed the quote appears in the filing. -
Trades as
CBK on Nasdaq Capital Market
Checked
Source
“We have been approved to list our common stock on the Nasdaq Capital Market (“Nasdaq”) under the symbol “CBK.””
A model read this, and code confirmed the quote appears in the filing. -
Extra for the banks
Up to 1,075,963 sharesan option the banks may use
From the prospectus
Source
“The underwriter has the option to purchase up to an additional 1,075,963 shares from certain of the selling shareholders to cover over-allotments, if any, at the initial public offering price less the underwriting discount within 30 days of the date of this prospectus.”
A model read this, and code confirmed the quote appears in the filing. - Final prospectus filed October 2, 2025
Not investment advice.Open the filing on SEC.gov
Where Commercial Bancgroup, Inc. sits among the last 12 months
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