Summary
FVCBankcorp has amended its registration statement to sell $35 million in common stock in a U.S. IPO.
The company operates a community bank network in Washington D.C.
FVCB is growing smartly and intends to use most of the IPO proceeds to acquire a bank with branches in neighboring Baltimore.
Members of our private investing community, IPO Edge, get our best ideas and insights. Get started today >>
Quick Take
FVCBankcorp (OTCQX:FVCB) intends to raise $35 million from the sale of its common stock in a U.S. IPO, according to an amended registration statement.
The holding company operates FVCbank, a community bank in the state of Virginia serving businesses and individuals.
FVCB is growing and plans a major acquisition to expand its presence into neighboring Baltimore.
