05:45 PM EST, 12/04/2024 (MT Newswires) -- First Foundation ( FFWM ) disclosed late Wednesday plans for a secondary offering of up to about 70.3 million shares.

The company issued the securities to the selling stockholders as part of private placements closed on July 8.

The selling stockholders may sell all or a portion of the securities from time to time, in amounts, at prices, and on terms as they may determine.