May 20, 2014 ServisFirst Bancshares, Inc. Announces Closing of Initial Public OfferingBirmingham, AL -(PR Newswire) – ServisFirst Bancshares, Inc., (NASDAQ: SFBS) (“ServisFirst”), the holding company for ServisFirst Bank, today announced the closing of its previously announced initial public offering of 625,000 shares of common stock at a public offering price of $91.00 per share. ServisFirst received net proceeds of approximately $52.5 million from the offering, after deducting the underwriting discount and estimated offering expenses. The underwriters of the offering have a 30-day option, which commenced on May 13, 2014, to purchase up to an additional 93,750 shares of common stock from ServisFirst at the initial public offering price, less the underwriting discounts and commissions, to cover over-allotments, if any. Sandler O’Neill + Partners, L.P. acted as the sole book-running manager and Raymond James & Associates, Inc. acted as co-manager for the offering. A registration statement relating to these securities was declared effective on May 13, 2014 by the Securities and Exchange Commission. The offering was made solely by means of the written prospectus forming part of the effective registration statement. A copy of the final prospectus related to the offering may be obtained by contacting Sandler O’Neill + Partners, L.P., Attention: Prospectus Department, 1251 Avenue of the Americas, 6th Floor, New York, NY 10020, telephone: (866) 805-4128 or via email at syndicate@sandleroneill.com, or by contacting Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, FL 33716, telephone: (800) 248-8863 Ext. 72400 or via email at prospectus@raymondjames.com. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. |