Coastal Carolina Bancshares, Inc. Announces Common Equity Private Placement
Accessnewswire·2025-12-19 21:55
MYRTLE BEACH, SC / ACCESS Newswire / December 19, 2025 / Coastal Carolina Bancshares, Inc. (OTCQX:CCNB) (the "Company" or "CCNB"), parent company of Coastal Carolina National Bank, announced today that it has entered into Securities Purchase Agreements providing for the issuance of $15 million in common equity at a price of $12.50 per share to institutional and certain accredited investors. The Company intends to use the proceeds from the common equity issuance for general corporate purposes, including stre ...