Forbright, Inc. went public at $18.00 a share
It sold 7,900,000 shares on Nasdaq Global Select Market under the ticker FRBT and raised $142.2 million before costs.
Final prospectus (424B4) filed June 11, 2026
The terms
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Offered
7,900,000 shares
Checked
Source
“We are offering 7,900,000 shares of our Class A common stock.”
A model read this, and code confirmed the quote appears in the filing. -
Price per share
$18.00
Checked
Source
“The initial public offering price of our Class A common stock is $18.00 per share.”
A model read this, and code confirmed the quote appears in the filing. -
Raised
$142,200,000before fees and costs
Checked
Source and check
Shares × price = 7,900,000 × $18.00 = $142,200,000. They match.
“Initial public offering price | $18.00 | $142,200,000.00”
A model read this, and code confirmed the quote appears in the filing. -
Lead banks
Goldman Sachs & Co. LLC, J.P. Morgan, Barclays
From the prospectus
Source
“Goldman Sachs & Co. LLC | J.P. Morgan | Barclays”
A model read this, and code confirmed the quote appears in the filing. -
Trades as
FRBT on Nasdaq Global Select Market
Checked
Source
“We have been approved to list our Class A common stock on the Nasdaq Global Select Market under the symbol “FRBT.””
A model read this, and code confirmed the quote appears in the filing. -
Extra for the banks
Up to 1,185,000 sharesan option the banks may use
From the prospectus
Source
“The underwriters have an option to purchase up to an aggregate of 1,185,000 additional shares of Class A common stock from us at the initial public offering price, less underwriting discounts and commissions.”
A model read this, and code confirmed the quote appears in the filing. - Final prospectus filed June 11, 2026
Not investment advice.Open the filing on SEC.gov
Where Forbright, Inc. sits among the last 12 months
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