Central Bancompany set for Nasdaq debut after $373 million IPO
Missouri-based bank Central Bancompany CBC.O set to begin trading on the Nasdaq on Thursday
CBC sold 17.8 million shares at the low end of the marketed range of $21 and $24 apiece, raising $373.3 million
Stock will be released for quotation at 10:10 a.m. ET, according to Nasdaq
CBC, previously listed on the OTC, has $19.2 billion in assets and operates mainly in Missouri
Morgan Stanley and Keefe, Bruyette & Woods were joint lead book-running managers for offering
CBC closes out the November window for the IPO market as the holiday slowdown approaches
"It is unlikely a company will want to start its roadshow before Thanksgiving, so it's more likely they will start next week, which would still allow pricing and closing before Christmas," said Edward Best, co-chair of the capital markets practice at Willkie Farr & Gallagher
Related Articles
Elon Musk’s SpaceX Poised for Record-Breaking IPO: How Can Retail Investors Get In on the Action of Starlink Stock?
TradingKey - Elon Musk's rocket manufacturer SpaceX is expected to launch an IPO in 2026, with a target IPO valuation projected to reach $1.5 trillion. However, prior to its listing, the stock can only be traded in the private market, characterized by low information transparency and high capital ba
Cathie Wood Predicts Bitcoin Has Bottomed. Is Now The Best Time to Buy? How to Buy BTC?
Purchasing Bitcoin is generally divided into three stages: pre-transaction, during transaction, and post-transaction. Each stage requires careful attention, as losses can easily arise from operational errors, pitfalls, and other factors.
Musk’s Next Ambition: Building a Space-Based AI Data Center
TradingKey - Musk has long resisted the idea of taking SpaceX public. After the Tesla take-private drama and the resulting SEC penalties (which cost him the chairmanship), he’s been wary of public market entanglements. But something’s changed—and fast.
Japan Central Bank Rate Hike To Three-Decade High Imminent, How Will The Market Go? Which Assets Most Affected?
As global monetary policy divergence enters a critical phase, the Bank of Japan (BoJ) is anticipated to raise its benchmark interest rate at the monetary policy meeting on December 19, 2025, by 25 basis points to 0.75% , marking its highest level in nearly 30 years.
