Ben Franklin Financial, Inc. (OTCBB:BFFI) announced that it has entered into securities purchase agreements for a private placement of 600,000 shares at $7.5 per share for gross proceeds of $4,500,000 on January 31, 2018. The transaction included participation from 48 investors, including institutional investors and certain other accredited investors including directors and executive officers of the company. The company issued the securities pursuant to exemption under Regulation D.