IPO - Avidbank Holdings, Inc.

Form Type: S-1

Filing Date: 2025-07-18

Corporate Action: Ipo

Type: New

Accession Number: 000182912625005121

Filing Summary: Avidbank Holdings, Inc. is conducting an initial public offering (IPO) for its common stock as detailed in the S-1 registration statement filed with the SEC. The company, based in San Jose, California, serves a diverse clientele including small to medium-sized businesses and technology firms. As of March 31, 2025, Avidbank reported total assets of $2.3 billion and total loans of $1.8 billion. The company aims to list its shares on the Nasdaq Global Select Market under the symbol 'AVBH.' The issuance of shares is contingent upon successful listing on Nasdaq. Previous trading of its shares occurred in the Pink Market with a recent price of $21.53 per share on July 16, 2025. The bank holds a strong market position with a focus on corporate banking, real estate, and venture lending, supported by a robust management team. Investors are advised to consider associated risks as highlighted in the 'Risk Factors' section of the prospectus. The offering is a firm commitment underwritten basis with additional shares available for purchase by underwriters at the IPO price.

Form Type: DRS/A

Filing Date: 2025-07-09

Corporate Action: Ipo

Type: New

Accession Number: 000182912625004964

Filing Summary: Avidbank Holdings, Inc. has filed a draft registration statement for its initial public offering (IPO) of common stock under Form DRS/A on July 9, 2025. The company, incorporated in California, aims to raise funds for its banking activities, primarily through its wholly owned subsidiary, Avidbank. The offering is expected to involve shares priced between specified ranges, and the completion hinges on the listing approval on the Nasdaq Global Select Market under the symbol 'AVBH'. Historical performance reports significant growth in assets and loans, implying a strong financial positioning leading to this IPO. The organizational structure permits Avidbank Holdings to operate as a bank holding company, regulated by both state and federal authorities. Additionally, the company indicates it qualifies as an “emerging growth company,” which allows it to follow reduced reporting obligations. The strategic focus includes innovative financial solutions targeted at technology firms and small businesses, showcasing a commitment to high customer engagement and quality service delivery. Investors are advised to consider associated risks detailed within the prospectus prior to investment. The anticipated date of shares delivery to the public, subject to satisfying customary conditions, is still pending confirmation.

Form Type: DRS/A

Filing Date: 2025-06-03

Corporate Action: Ipo

Type: New

Accession Number: 000182912625004196

Filing Summary: Avidbank Holdings, Inc., a California bank holding company, is proceeding with its initial public offering (IPO) of common stock. The offering aims to raise capital and enhance the company's public profile. The registration statement under the Securities Act of 1933 reflects the intention to make shares available to the public, although no specific share count or pricing has been established yet. Avidbank's IPO comes after a period of growth and aims to solidify its position within the corporate banking sector, targeting small to medium-sized businesses. The company has reported total assets of $2.3 billion and a commitment to maintaining a robust operational framework, focusing on loan growth and deposit stability. This strategic move is endorsed by an experienced management team and is contingent upon receiving Nasdaq listing approval for its common stock under the symbol 'AVBH'.

Form Type: DRS

Filing Date: 2025-04-11

Corporate Action: Ipo

Type: New

Accession Number: 000182912625002573

Filing Summary: Avidbank Holdings, Inc., a California corporation and the holding company for Avidbank, is conducting an initial public offering (IPO) to sell shares of its common stock. The IPO will include shares previously quoted on the Pink Market. The company plans to list its common stock on the Nasdaq Global Select Market under the symbol 'AVBH'. As of December 31, 2024, Avidbank had total assets of $2.3 billion, total loans of $1.9 billion, and total deposits of $1.9 billion. The offering is part of the company's strategy to enhance its market presence and maintain consistent growth in its banking operations. The prospectus underscores the company's commitment to emerging growth strategies and planning for continued profitability in a competitive banking environment.