Northpointe Bancshares Inc filed a Form S-1 registration statement for an initial public offering on 2025-01-23. It has amended it 2 times. It filed its final prospectus on 2025-02-14, at a public offering price of $14.50 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 common stock on the New York Stock Exchange (the “NYSE”) under the symbol “NPB.” We believe that upon the completion of this offering, we will meet the standards for listing on the NYSE, and the completion of this offering is contingent upon such listing.From the 424B4 filed 2025-02-14
Shares offered
We are offering 8,620,000 shares of our common stock in this offering.From the 424B4 filed 2025-02-14
Offering price
an initial public offering price of $14.50 per share; andFrom the 424B4 filed 2025-02-14
Use of proceeds
We intend to use the net proceeds that we receive from this offering for general corporate purposes, which may include growing our existing lines of business or using a portion of the proceeds to redeem all or a portion of our preferred stock.From the 424B4 filed 2025-02-14
Net loss or income
In the year ended December 31, 2024, we earned approximately $45 million to $49 million in net income available to common stockholders, which was in line with management’s expectations.From the S-1/A filed 2025-02-07
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-01-23 | Registration statement filed | S-1 |
| 2025-02-03 | Registration statement amended | S-1/A |
| 2025-02-07 | Registration statement amended | S-1/A |
| 2025-02-14 | 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 A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.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.