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Nexbank Capital, Inc. Raises $390 Million In Equity

Jan 06, 2023almost 3 years ago

Amount Raised

$390 Million

DallasBankingLendingFinanceFinancial Services

Description

NexBank Capital, Inc. (the "Company"), the financial services and parent company of NexBank, today announced it has raised an aggregate of $390 million through certain private placements of its equity securities, including $280 million raised in preferred stock from September 2021 to September 2022, $90 million in voting common stock from September 2021 to September 2022, and $20 million in non-voting common stock in December 2022.

Company Information

Company

NexBank Capital

Location

Mckinney Avenue

Dallas, Texas, United States

About

NexBank Capital, Inc. is a Dallas-based financial services company that provides financial and banking services primarily to institutional clients, financial institutions, and corporations nationwide. Through its subsidiary, NexBank, the largest privately held bank in Texas with $14 billion in assets, it provides its clients with institutional banking, commercial banking, and mortgage banking services.

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