Avidbank Holdings (AVBH), a California corporation and the bank holding company for Avidbank, a California state-chartered bank, priced its initial public offering of 2.61M shares of its common stock at a public offering price of $23.00 per share. The deal priced at the midpoint of the $22.00-$24.00 target range. Piper Sandler and Stephens are acting as joint book running managers for the offering.
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