First Guaranty Bancshares : Private Placement - Form 8-K
December 26, 2023 at 05:04 pm EST
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Item 3.02.Unregistered Sales of Equity Securities.
On December 19, 2023, First Guaranty Bancshares, Inc. ("First Guaranty") completed a private placement of 1,000,000 shares of its common stock, $1.00 par value per share (the "Common Stock") for aggregate offering proceeds of $10,000,000. The offer and sale of the Common Stock by First Guaranty was made in reliance upon the exemptions from registration available under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D.
First Guaranty Bancshares Inc. published this content on 26 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 December 2023 22:02:59 UTC.
First Guaranty Bancshares, Inc. is the holding company for First Guaranty Bank (the Bank). The Bank offers a range of financial services and focuses on building client relationships and providing customer service. The Bank operates about 36 locations throughout Louisiana, Texas, Kentucky, and West Virginia. The Banks principal business consists of attracting deposits from the general public and local municipalities in its market areas and then investing those deposits. The Bank also generates funds from operations, borrowings in lending and investing in securities. The Bank serves the credit needs of its customer base, including commercial real estate loans, commercial and industrial loans, commercial leases, and others. The Bank offers a variety of deposit accounts to consumers, small businesses, and municipalities, including personal and business checking and savings accounts, time deposits and money market accounts. In addition, the Bank offers a range of consumer services.
FIRST GUARANTY BANCSHARES, INC. 
