Silvergate Announces Pricing of Initial Public Offering of Common Stock
Silvergate Announces Pricing of Initial Public Offering of Common Stock
Silvergate announced the pricing of its initial public offering of 3,333,333 shares of its Class A common stock at a public offering price of $12.00 per share. Barclays and Keefe, Bruyette & Woods, A Stifel Company are acting as joint lead book-running managers. Sandler O’Neill + Partners, L.P. and Compass Point are also acting as book-running managers, with Galaxy Digital Advisors LLC and Performance Trust Capital Partners, LLC, acting as co-managers for the offering.