FLORIDA COMMUNITY BANK CLOSES IPO WITH $104M RAISED

The parent company of Florida Community Bank completed its IPO with net proceeds of $104 million to fuel its growth.
Weston-based FCB Financial Holdings (NYSE: FCB) said that its underwriters exercised their option to purchase an additional 720,000 shares for $22 each, which raised net proceeds of $14.7 million. The initial public offering, which launched in early August, resulted in $89.3 million in net proceeds for the company.  read entire article… Author: Brian Bandell.  Source.  South Florida Business Journal.