SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): May 7, 2019
Red River Bancshares, Inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
1412 Centre Court Drive, Suite 402
|(Address of principal executive offices)||(Zip code)|
Registrants telephone number, including area code: (318) 561-5028
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☒
Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of each class
Name of each exchange
on which registered
|Common Stock, no par value||RRBI||The NASDAQ Stock Market, LLC|
|Item 8.01|| |
On May 7, 2019, Red River Bancshares, Inc. (the Company) issued a press release announcing that it had completed its initial public offering of common stock at a public offering price of $45.00 per share. A total of 690,000 shares of the Companys common stock were sold in the initial public offering, of which the Company sold 663,320 shares (including 90,000 shares sold pursuant to the exercise of the underwriters option to purchase additional shares) and certain shareholders sold 26,680 shares.
The offering was registered pursuant to the Companys registration statement on Form S-1 (File No. 333-230798), which the Securities and Exchange Commission declared effective on May 2, 2019. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
|Item. 9.01|| |
Financial Statements and Exhibits.
(d) Exhibits. The following are furnished as exhibits to this Current Report on Form 8-K.
|99.1||Press Release issued by Red River Bancshares, Inc., dated May 7, 2019.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: May 7, 2019
|RED RIVER BANCSHARES, INC.|
|Amanda W. Barnett|
Senior Vice President, General Counsel, and
FOR IMMEDIATE RELEASE
DATE: May 7, 2019
TIME: 3:30pm CST
Evelyn Jones, Marketing Director
Red River Bancshares, Inc. Announces Closing of Initial Public Offering
Alexandria, Louisiana Red River Bancshares, Inc. (the Company) (Nasdaq: RRBI), the holding company for Red River Bank, announced today the closing of its initial public offering of common stock at a public offering price of $45.00 per share. The Companys common stock began trading on the Nasdaq Global Select Market under the trading symbol RRBI on Friday, May 3, 2019.
On May 3, 2019, the underwriters exercised, in full, their option to purchase additional shares of the Companys common stock at the public offering price less the underwriting discount. A total of 690,000 shares of the Companys common stock were sold in the initial public offering, of which the Company sold 663,320 shares (including 90,000 shares sold pursuant to the exercise of the underwriters option to purchase additional shares) and certain shareholders sold 26,680 shares.
FIG Partners, LLC acted as Lead Bookrunner, and Stephens Inc. acted as Joint Bookrunner for the offering.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the SEC) on May 2, 2019. The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from: FIG Partners, LLC, Attention: Greg Gersack, Head of Capital Markets, 1475 Peachtree Street NE, Suite 800, Atlanta, GA 30309, by calling (404) 601-7200 or by emailing email@example.com or Stephens Inc., Attention: Prospectus Department, 111 Center Street, Little Rock, AR 72201 by calling (501) 377-2131 or emailing firstname.lastname@example.org. Copies of the registration statement relating to these securities and the prospectus may also be obtained free of charge from the website of the SEC at https://www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Red River Bancshares, Inc.
Red River Bancshares, Inc. is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. Red River Bank operates from a network of 23 banking centers throughout the state and one loan production office in Covington, Louisiana. Banking centers are located in the following markets: Central Louisiana, which includes the Alexandria metropolitan statistical area (MSA); Northwest Louisiana, which includes the Shreveport-Bossier City MSA; Southeast Louisiana, which includes the Baton Rouge MSA; and Southwest Louisiana, which includes the Lake Charles MSA. As of December 31, 2018, Red River Bank was the fifth largest financial institution headquartered in Louisiana based on assets, with total assets of $1.86 billion.