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Slideshow IPOs

By The Online Investor Staff, updated Sun., Jun. 26, 4:05 AM

Slide #3. Paragon Commercial Corporation Initial Public Offering

Company: Paragon Commercial Corporation
Proposed Symbol: PBNC
Shares Offered: 736,000
Price Per Share: $34.00
Over-Allotment: 110,400
Description: Paragon Commercial Corporation ("Paragon"), parent company of Paragon Bank, announced the pricing of its initial public offering of 736,000 shares of its common stock at a price to the public of $34.00 per share. The common stock has been approved for listing on the Nasdaq Capital Market and is expected to begin trading on June 16, 2016, under the symbol "PBNC." The offering is expected to close on or about June 21, 2016. The underwriters have an option to purchase up to an additional 110,400 shares of common stock at the initial public offering price, less the underwriting discount, within 30 days from the date of the offering.

IPOs: Paragon Commercial Corporation

June 26, 2016    4:05 AM Eastern

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