Forbright, Inc. filed a Form S-1 registration statement for an initial public offering on 2026-05-15. It has amended it 2 times. It filed its final prospectus on 2026-06-11, at a public offering price of $18.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have been approved to list our Class A common stock on the Nasdaq Global Select Market under the symbol “FRBT.”From the 424B4 filed 2026-06-11
Shares offered
We are offering 7,900,000 shares of our Class A common stock.From the 424B4 filed 2026-06-11
Offering price
37,027 shares of Class A common stock issuable upon the settlement of Non-Employee Director Initial RSUs (as defined in “Executive and Director Compensation—Director Compensation”), based on the initial public offering price of $18.00 per share;From the 424B4 filed 2026-06-11
Use of proceeds
We intend to use the net proceeds that we receive from this offering for general corporate purposes.From the 424B4 filed 2026-06-11
Net loss or income
As of March 31, 2026, consolidated assets were $8.2 billion and for the first quarter 2026 net income was $11.6 million.From the S-1/A filed 2026-06-08
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-05-15 | Registration statement filed | S-1 |
| 2026-06-02 | Registration statement amended | S-1/A |
| 2026-06-08 | Registration statement amended | S-1/A |
| 2026-06-11 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.