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Esquire Financial, a micro-cap specialty bank, prices $33 million IPO at $14, the low end of the range


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Esquire Financial Holdings, a commercial bank providing attorney-related loans with over $400 million in assets, raised $33 million by offering 2.4 million shares at $14, the low end of the range of $14 to $16. Insiders had intended to sell 24% of the deal. Esquire Financial Holdings plans to list on the Nasdaq under the symbol ESQ. Sandler O'Neill acted as a lead manager on the deal. 

The article Esquire Financial, a micro-cap specialty bank, prices $33 million IPO at $14, the low end of the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs
Referenced Symbols: ESQ



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