Bridgewater Bancshares, a Minnesota-based community bank focused on commercial real estate lending, raised $79 million by offering 6.7 million shares (35% insider) at $11.75, at the high end of the $10.50 to $12.50 range. Bridgewater Bancshares plans to list on the Nasdaq under the symbol BWB. Sandler O'Neill and D.A. Davidson acted as lead managers on the deal.
The article Twin Cities bank Bridgewater Bancshares prices IPO at $11.75, within the range originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
