Forbright Announces Closing of Initial Public Offering
Forbright, Inc. (“Forbright”) today announced the closing of its initial public offering of 7,900,000 shares of its Class A common stock at a public offering price of $18.00 per share for approximately $142.2 million aggregate gross proceeds to Forbright. The shares of Class A common stock began trading on the Nasdaq Global Select Market on June 11, 2026, under the ticker symbol “FRBT.”
Forbright, Inc. Announces Confidential Submission of Draft S-1 Registration Statement to the U.S. Securities and Exchange Commission
Forbright, Inc. announced that it has confidentially submitted a draft registration statement on Form S‑1 to the U.S. Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering has not yet been determined. The registration statement is expected to become effective following the completion of the SEC’s review process, subject to market and other conditions.
