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Red River Bancshares Files $100 Million Mixed-Shelf Offering
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Red River Bancshares Files $100 Million Mixed-Shelf Offering
Nov 9, 2024 1:19 PM

12:00 PM EST, 11/08/2024 (MT Newswires) -- Red River Bancshares ( RRBI ) filed a registration statement with the US Securities and Exchange Commission Friday for the potential sale of up to $100 million of securities from time to time in one or more offerings.

The filing covers the sale of the company's common shares, preferred shares, debt securities, warrants, and units. Proceeds from the offering will be used for general working capital, according to the company.

Red River Bancshares ( RRBI ) said certain selling stockholders could set up to 928,557 common Red River Bancshares ( RRBI ) shares. The company said it would not receive any proceeds from the sale by the selling stockholders.

Price: 57.05, Change: +0.05, Percent Change: +0.10

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