Paragon Commercial Bank released new details Friday on its planned Nasdaq debut. The Raleigh-based bank said via securities filing that it expects its shares to sell for between $33 and $35. At the midpoint of that range, that would mean nearly $23 million in proceeds from the offering. Paragon, which currently trades on the OTCQX marketplace, is planning to trade on the Nasdaq under the PBNC ticker. Here are the bank's top shareholders, according to the initial public offering disclosure: Board…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/13/raleighs-paragon-bank-expected-to-start-trading-on.html?ana=RSS%26s=article_search
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