06:35 AM EDT, 07/22/2025 (MT Newswires) -- Simmons First National ( SFNC ) said Tuesday it priced its public offering of 16.2 million class A shares at $18.50 per share to raise gross proceeds of $300.1 million.

The company said it also granted underwriters a 30-day option to purchase up to 2.4 million additional shares.

Proceeds from the offering, expected to close around Wednesday, will be used for general corporate purposes, including potential investments in Simmons Bank to support balance sheet repositioning and future growth.