Group 1 - Commercial Bancgroup, Inc. plans to release its financial results for the third quarter of 2025 on October 27, 2025, after market close [1] - A conference call to discuss the third quarter results is scheduled for October 28, 2025, at 10:00 a.m. [1]

Core Viewpoint - Commercial Bancgroup, Inc. has successfully closed its initial public offering (IPO) of common stock, indicating a significant milestone for the company and its growth strategy [1] Group 1: IPO Details - The IPO consisted of 7,173,092 shares of common stock, with 1,458,334 shares sold by Commercial and 5,714,758 shares sold by certain selling shareholders [1] - The public offering price was set at $24.00 per share, reflecting the company's valuation and market interest [1] - After deducting underwriting discounts, commissions, and estimated offering expenses, Commercial received net proceeds of approximately $30.6 million from the IPO [1]

Core Insights - The U.S. IPO market is experiencing a modest scale with more companies entering, highlighted by a recent IPO and several SPACs debuting [1] - Megan Holdings, a Malaysian aquaculture service provider, priced its IPO at the lower end of its range, raising $5 million with a market cap of $65 million [1][2] - The week saw significant fundraising from SPACs, with Drugs Made In America Acquisition II raising $500 million, and other SPACs led by notable figures like Chamath Palihapitiya and Tom Lee also securing substantial amounts [1][2] IPO Activity - Megan Holdings (MGN) raised $5 million with a market cap of $55 million, showing a first-day return of +21% [2] - American Acquisition A (AEXA) raised $300 million, with a first-day return of +6% [2] - FutureCrest Acquisition (FRCS.U) raised $250 million, achieving a first-day return of +4% [2] - Emmis Acquisition (EMISU) raised $100 million, with no first-day return [2] - Drugs Made In America Acquisition II (DMIIU) raised $500 million, with a first-day return of +10% [2] Upcoming IPOs - Fermi (FRMI), a newly established REIT, plans to raise $500 million with a market cap of $13 billion, focusing on a large-scale data center project [5] - Neptune Insurance (NP) aims to raise $350 million with a market cap of $2.8 billion, providing data-driven insurance products [5] - Commercial Bancgroup (CBK) plans to raise $100 million with a market cap of $367 million [6] - HW Electro (HWEP) is set to raise $17 million with a market cap of $16.9 million [6] Initial Filings - Six IPOs submitted initial applications, including HCI Group Exzeo (XZO) seeking $100 million and Ethos Technologies (LIFE) also targeting $100 million [2][4] - Other companies filing include YCS Group Holdings (YCSG.RC) for $14 million, PressLogic (PLAI) for $12 million, Seahawk Recycling Holdings for $10 million, and CSC Collective Holdings for $7 million [2][4] SPAC Filings - Three SPACs filed initial applications, including Lafayette Digital Acquisition I seeking $250 million, Climate Transition Special Opportunities SPAC I aiming for $150 million, and Creative Future Acquisition targeting $60 million [3][4]

Group 1 - Commercial Bancgroup plans to raise $100 million through an IPO by issuing 3.7 million shares, with 75% being secondary shares [1] - The price range for the shares is set between $25.75 and $27.75, which would give the company a market capitalization of approximately $367 million at the midpoint [1] - As of June 30, 2025, Commercial Bank, a subsidiary of Commercial Bancgroup, reported total assets of $2.3 billion, a loan balance of $1.8 billion, deposits of $1.9 billion, and total equity of $235 million [1] Group 2 - Commercial Bancgroup was established in 1975 and achieved revenue of $89 million in the 12 months leading up to June 30, 2025 [2] - The company plans to list on the NASDAQ under the ticker symbol CBK, with Hovde Group serving as the exclusive book-running manager for the IPO [2] - The final offering price is expected to be determined by the end of this month [2]

Core Viewpoint - Commercial Bancgroup has launched its initial public offering (IPO), offering a total of 3,738,317 shares of common stock, with an expected price range of $25.75 to $27.75 per share [2][4]. Company Overview - Commercial Bank is a Tennessee state-chartered commercial bank providing consumer and commercial banking products and services in parts of Kentucky, North Carolina, and Tennessee [4]. IPO Details - The selling shareholders plan to grant underwriters a 30-day option to purchase an additional 560,747 shares at the IPO price [2]. - The net proceeds from the offering will be used to repay certain company indebtedness, redeem outstanding subordinated debentures, and for general corporate purposes [3]. Market Context - The U.S. IPO market has been experiencing a resurgence, with seven large-cap companies raising over $4 billion in a single week, indicating a positive reception for new public offerings [6][7]. - The banking and insurance sectors are currently attractive to investors as the IPO market is recovering from a slump, and these companies' core operations are less affected by tariffs and import/export price fluctuations [5].

(Reuters) -Commercial Bancgroup said on Monday it plans to raise up to $104 million through an initial public offering, in what would be a rare listing by a U.S. bank. WHY IT MATTERS U.S. bank IPOs have become sparse since the 2008 financial crisis, as stricter regulations, higher compliance costs and volatile market conditions have made public listings less attractive. Instead, many lenders have turned to private capital raises or pursuing mergers as more efficient paths to growth. BY THE NUMBERS Com ...

As filed with the U.S. Securities and Exchange Commission on September 22, 2025. Registration No. 333-289862 | Tennessee 6022 | 62-1039469 | | --- | --- | | (State or other jurisdiction of (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) Classification Code Number) | Identification Number) | | 6710 Cumberland Gap Parkway | | | Harrogate, Tennessee 37752 | | | (423) 869-5151 | | | (Address, including zip code, and telephone number, including area code, of registrant's princi ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Commercial Bancgroup, a Tennessee-based, state-chartered commercial bank, aims to raise up to $103.7 million through an initial public offering, the company said in a press release Monday. Stricter regulations, higher compliance costs and volatile market conditions have made public listings increasingly rare for banks since the 2007-08 financial crisis ...

Core Insights - Six IPOs debuted this week, raising a combined $2.7 billion [2] - Two SPACs also listed during the same period [2] - Ten IPOs and six SPACs submitted initial filings [2] - Cybersecurity provider Netskope (NTSK) priced its IPO at the top of its upwardly revised range [2]

Group 1 - The article discusses the services provided by IPO Edge, which includes actionable information on growth stocks, first-look IPO filings, previews on upcoming IPOs, an IPO calendar, a database of U.S. IPOs, and a comprehensive guide to IPO investing [1]