Forbright IPO: offering terms from its S-1
Forbright priced its IPO at $18 a share on 11 Jun 2026 and raised $142 million. Its shares trade on Nasdaq as FRBT.
Headlines
- Net income, 2025
- $88M
- IPO price
- $18
- $142M raised
Forbright IPO terms
From the final prospectus (424B4).
- Exchange
- Nasdaq Global Select Market
- Ticker
- FRBT
- IPO price
- $18
- Shares offered
- 7,900,000
- Raised
- $142M
- Registered
- $182M, the amount the filing fee is paid on
- Underwriters
- Goldman Sachs & Co. LLC, J.P. Morgan and Barclays, with 5 more banks
- First filed
- 15 May 2026
Forbright revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2025 | - | - | $88M |
| First quarter of 2026 | - | - | $12M |
Forbright share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 0 votes
- Employees
- 545
Forbright shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $18
- Priced 11 Jun 2026
- First close
- $18.10
- +1% on the IPO price
- Latest close
- $17.30
- -4% on the IPO price
Forbright's IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from Forbright's newest prospectus (S-1/A filed 8 Jun 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.