0001925062

IPO filing research

Forbright, Inc.

State Commercial Banks · FRBT

ipo effective Nasdaq Global Select Market EFFECT

Forbright, Inc. IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: EFFECT on 2026-06-10. Current deal snapshot: exchange Nasdaq Global Select Market.

Filing Timeline

SEC EDGAR

EFFECT effective

SEC effectiveness notice

SEC declared the registration statement effective, allowing the offering to proceed.

First tracked pre-IPO filing for this issuer.

2026-06-10 · 9999999995-26-001944

8-A12B effective

Exchange Act registration

Registration filed to list the securities under the Exchange Act ahead of trading.

First tracked pre-IPO filing for this issuer.

2026-06-10 · 0001628280-26-042101

CERT inactive

CERT

Pre-IPO filing captured from the SEC submission timeline.

First tracked pre-IPO filing for this issuer.

2026-06-10 · 0001354457-26-000559

S-1/A amended

Amended registration statement

Updated registration statement filed after SEC comments or deal changes.

First tracked pre-IPO filing for this issuer.

Range $18.00 to $20.00 · 7,900,000 shares

Class A · Exchange Nasdaq Global Select Market · Ticker FRBT · Use of proceeds general corporate purposes · Flags dual_class

Forbright, Inc. is conducting an IPO with expected net proceeds of $138.2 million (up to $159.4 million if underwriters exercise their option). Proceeds will be used for general corporate purposes, with potential investment in short-term instruments. The filing includes detailed capitalization tables, dilution analysis, and risk factors related to economic conditions, credit risk, cybersecurity, and regulatory changes. The company emphasizes its focus on organic growth and capital preservation.

2026-06-08 · 0001628280-26-041472

S-1/A amended

Amended registration statement

Updated registration statement filed after SEC comments or deal changes.

First tracked pre-IPO filing for this issuer.

Range $18.00 to $20.00 · 7,900,000 shares

Class A · Exchange Nasdaq Global Select Market · Ticker FRBT · Use of proceeds General corporate purposes · Flags dual_class

Forbright, Inc. filed an S-1/A amendment to its IPO registration, detailing its intent to raise approximately $138.2 million (or $159.4 million if underwriters exercise their option) through the sale of Class A common stock. The company emphasizes broad discretion in using proceeds for general corporate purposes, with no specific allocation outlined. It highlights risks related to compliance with regulatory requirements, potential material weaknesses in financial reporting, and the impact of its emerging growth company status under the JOBS Act. The filing also includes a capitalization table and forward-looking statements with cautionary notes on uncertainties.

2026-06-02 · 0001628280-26-039673

S-1 filed

Initial registration statement

Initial public filing submitted to start the SEC review process.

Follows DRS/A in the pre-IPO sequence.

Class A · Exchange Nasdaq Global Select Market · Ticker FRBT · Use of proceeds general corporate purposes · Flags dual_class

Forbright, Inc. is registering shares for an IPO, disclosing risks related to financial reporting compliance, use of proceeds, and emerging growth company status. The company plans to use net proceeds for general corporate purposes with broad management discretion, while highlighting potential impacts on stock price and regulatory challenges. It also notes risks from forward-looking statements and operational uncertainties.

2026-05-15 · 0001628280-26-035713

DRS/A amended

Amended draft registration statement

Updated draft registration filed before the public launch.

Updates the prior DRS filing.

2026-04-08 · 0001628279-26-000459

CONFIDENTIAL-S1 filed

Confidential registration lead

Renaissance Capital reported on May 15, 2026 that Forbright filed publicly for an IPO and said the company had filed confidentially on February 13, 2026. Bloomberg also reported the May 15 public filing, supporting a near-term IPO timeline tied to the earlier confidential submission. The Paypers separately reported the confidential filing in February.

public prospectus 2026-05-15

Exchange Nasdaq · Ticker FRBT · Underwriters Goldman Sachs, J.P. Morgan, Barclays

Current May 15 public-filing coverage ties Forbright's IPO launch to an earlier confidential submission dated February 13, 2026.

2026-02-13 · CONFIDENTIAL-8FED7831E1FA47AC71F2

DRS filed

Draft registration statement

Draft registration filed confidentially before the public launch.

First tracked pre-IPO filing for this issuer.

2026-02-13 · 0001628279-26-000183

Comparable Deals

4 comparable deals

FinancialsLast 18 months

Only 0 strict matches; expanded to 4 using nearest neighbors.

+4.7%

Median day-1

50%

Above issue

+7.3%

Median week-1

-10.4%

Downside (p10)

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Recent News

Fast-growing Forbright seeks to raise up to $158M in IPO - Washington Business Journal

bizjournals.com · 2026-06-02T07:05:00.000Z

Digital Bank Forbright Seeking to Raise $158 Million in US IPO

bloomberg.com · 2026-06-02T04:48:00.000Z