0001981546
Company

Commercial Bancgroup, Inc.

State Commercial Banks · CBK

ipo trading priced Nasdaq 424B4

Filing Timeline

SEC EDGAR
424B4 priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows CERT and confirms the priced prospectus.
Price $24.00 · 7,173,092 shares · Gross proceeds $172,154,208
Common Stock · Exchange Nasdaq · Ticker CBK · Over-allotment 1,075,963 · Use of proceeds General corporate purposes · Underwriters Hovde Group, LLC
2025-10-02 · 0001213900-25-095538
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows EFFECT and registers the class of securities for exchange listing.
2025-10-01 · 0001213900-25-094672
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows 8-A12B in the pre-IPO sequence.
2025-10-01 · 0001354457-25-000976
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows FWP and marks the registration effective.
2025-09-30 · 9999999995-25-003211
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Range $25.75 to $27.75 · 3,738,317 shares
Common Stock · Exchange Nasdaq · Ticker CBK · Over-allotment 560,747 · Use of proceeds Proceeds to the company will be used for general corporate purposes · Underwriters Hovde Group, LLC
Commercial Bancgroup, Inc. is conducting an initial public offering (IPO) of 934,579 shares of common stock, with additional shares offered by selling shareholders. The offering price is estimated between $25.75 and $27.75 per share, with plans to list on Nasdaq under the symbol 'CBK.' The company emphasizes its core deposit growth, prudent credit management, and decentralized operating model. Proceeds from the offering will not benefit the company directly, as selling shareholders will receive the proceeds.
2025-09-22 · 0001213900-25-089852
FWP supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows S-1/A and supplements the active offering with updated prospectus details.
Price $26.75 · Range $25.75 to $27.75 · 3,738,317 shares · Gross proceeds $352,000,000
Common Stock · Exchange NASDAQ Capital Market · Ticker CBK · Over-allotment 560,747 · Use of proceeds Repay debt and use remaining for general corporate purposes · Underwriters Hovde Group, LLC
Commercial Bancgroup, Inc. (CBK) is conducting an IPO with a $100 million offering, including $25 million in primary shares and $75 million in secondary shares. The company underwent a stock reclassification and 250-for-1 split on September 18, 2025, adjusting all share data. The offering aims to repay debt, redeem subordinated debentures, and fund general corporate purposes. The filing includes preliminary unaudited financial results for the nine months ended September 30, 2025, with a projected pricing range of $25.75-$27.75 per share. The company operates 34 branches in Tennessee and North Carolina, with total assets of $2.3 billion as of June 30, 2025.
2025-09-22 · 0001213900-25-089857
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Common Stock · Exchange Nasdaq Capital Market · Ticker CBK · Use of proceeds Proceeds from the offering will be used for general corporate purposes, with no proceeds going to the company from the selling shareholders · Underwriters Hovde Group, LLC
Commercial Bancgroup, Inc. is conducting an initial public offering (IPO) of its common stock, with shares to be listed on Nasdaq under the symbol 'CBK.' The offering includes shares from the company and selling shareholders, with an estimated price range of $X to $Y per share. The company emphasizes its core deposit growth, prudent credit risk management, and decentralized operating model. The IPO is contingent on meeting Nasdaq listing standards, and the underwriter is Hovde Group, LLC.
2025-08-26 · 0001213900-25-080760
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Commercial Bancgroup, Inc. is conducting its initial public offering (IPO) of common stock, with shares to be sold at an estimated price range between $X and $Y. The offering is underwritten by Hovde Group, LLC, with the company aiming to list on Nasdaq under the symbol 'CBK'. The filing highlights the company's focus on core deposit growth, prudent credit risk management, and a decentralized operating model. The offering includes shares from both the company and selling shareholders, with proceeds not directly benefiting the company from selling shareholders' shares.
2025-08-08 · 0001213900-25-073775
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
Commercial Bancgroup, Inc. is conducting an initial public offering (IPO) of its common stock, with shares to be listed on the Nasdaq Capital Market under the symbol 'CBK.' The offering includes shares from the company and selling shareholders, with proceeds from the latter not benefiting the company. The filing highlights the company's status as an emerging growth company and includes details on underwriting, risk factors, and financial projections. The offering is contingent on meeting Nasdaq listing standards.
2025-06-23 · 0001213900-25-056363
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
Commercial Bancgroup, Inc. has submitted a confidential registration statement (DRS) for its initial public offering (IPO) of common stock, with plans to list on Nasdaq under the symbol 'CBK.' The company, a Tennessee-based bank holding company for Commercial Bank, is offering shares at an estimated price range of $X.XX to $X.XX. The IPO is contingent on meeting Nasdaq listing standards, and the company has designated Hovde Group, LLC as the sole book-running manager. No prior public filings exist, and the offering includes shares from both the company and selling shareholders.
2025-03-31 · 0001213900-25-025770
Comparable Deals

2 comparable deals

Financials$100-300MHovde Group, LLCLast 18 months
Only 0 strict matches; expanded to 2 using nearest neighbors.
+24.7%
Median day-1
100%
Above issue
+24.6%
Median week-1
+9.4%
Downside (p10)

Recent News

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