Southern First Bancshares, Inc. (NASDAQ:SFST) Files An 8-K Other Events
Item 8.01 Other Events.
On April 26, 2017, Southern First Bancshares, Inc. (the Company)
announced the commencement of an underwritten public offering of
700,000 shares of the Companys common stock through Sandler
ONeill Partners, L.P. The Company intends to grant the
underwriter a 30-day option to purchase from the Company up to an
additional 15 percent of the offered amount of common stock. The
shares will be issued to a prospectus supplement filed as part of
an existing shelf registration statement filed with the
Securities and Exchange Commission on Form S-3.
A copy of the press release issued by the Company announcing the
commencement of the offering is attached to this report as
Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit | |||
| Number | Description | ||
| 99.1 | Press Release dated April 26, 2017. | ||
About Southern First Bancshares, Inc. (NASDAQ:SFST)
Southern First Bancshares, Inc. is a bank holding company that owns the capital stock of Southern First Bank (the Bank), a South Carolina state bank, and all of the stock of Greenville First Statutory Trust I and II (the Trusts). The Bank is a commercial bank with approximately nine retail offices located in Greenville, Columbia and Charleston, South Carolina. The Bank is primarily engaged in the business of accepting demand deposits and savings deposits insured by the Federal Deposit Insurance Corporation (the FDIC) and providing commercial, consumer and mortgage loans to the public. In addition to deposit and loan services, the Company offers other bank services, such as Internet banking, cash management services, safe deposit boxes, direct deposit and automatic drafts for various accounts. The Bank offers a range of lending services, including real estate, commercial, and equity-line consumer loans to individuals and small- to medium-sized businesses, and professional firms. Southern First Bancshares, Inc. (NASDAQ:SFST) Recent Trading Information
Southern First Bancshares, Inc. (NASDAQ:SFST) closed its last trading session up +0.25 at 33.05 with 10,121 shares trading hands.
