Coastal Carolina Bancshares, Inc., parent company of Coastal Carolina National Bank, has announced a private placement of $15 million in common equity, selling shares at $12.50 each to institutional and accredited investors. The proceeds will be used for general corporate purposes, including strengthening regulatory capital and supporting strategic growth initiatives. The shares have not been registered under the Securities Act of 1933 and may not be offered or sold without an applicable exemption. Raymond James & Associates, Inc. acted as the sole placement agent for the transaction.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coastal Carolina Bancshares Inc. published the original content used to generate this news brief on December 19, 2025, and is solely responsible for the information contained therein.
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