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Posted by
Two Blokes Jul 1 -
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Stock
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BATON ROUGE, LA / ACCESS Newswire / July 1, 2025 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the parent holding company of Investar Bank, National Association, today announced that it has completed a private placement of $32.5 million of its newly designated 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock (the "Series A preferred stock"). Investar intends to use the net proceeds from the offering to support its recently-announced acquisition of Wichita Falls Bancshares, Inc. ("Wichita Falls") and for general corporate purposes, including organic growth and other potential acquisitions.
