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C1 Bank sets offering price ahead of going public Thursday

The St. Petersburg-based parent of C1 Bank on Wednesday put a price on its initial public offering that could raise more than $44 million.

C1 Financial, Inc. said it is offering 2,631,579 shares of common stock at $17 per share. Its underwriters have a 30-day option to purchase up to 394,737 additional shares at the public offering price less the underwriting discount. C1's common stock is expected to begin trading on the New York Stock Exchange Thursday under the symbol BNK.

C1 Bank sets offering price ahead of going public Thursday 08/13/14 [Last modified: Wednesday, August 13, 2014 6:47pm]
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  1. Reload your SunPass account. Roadway tolls return Thursday.

    State Roundup

    TALLAHASSEE — Florida residents will no longer get a free pass traversing most stretches of the Florida Turnpike or certain local expressways across the state.

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    Real Estate

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    Tampa's Heights Community Development District got a financial boost from a $21.5 million tax-exempt bond issue to fund the waterfront community being built along the Hillsborough River just north of downtown Tampa.
[Courtesy of Aerial Innovations, Inc.]
  3. Grocery chain Aldi hiring for 500 positions across Florida

    Retail

    Aldi, the German grocery store chain, is hiring for 500 positions across Florida, including at its locations in Tampa Bay. The company will hold a "one-day hiring spree" Thursday from 7 a.m. to 5 p.m. at all Aldi stores in the state, a Tuesday release said.

    Aldi, a German grocery store chain, is hiring for 500 positions across the state. | [Times file photo]
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    News

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    Religion

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    Congregants open the ark which holds several torah scrolls during Selichot services at Congregation B'nai Israel of St. Petersburg on Saturday, September 16, 2017. The Jewish new year, Rosh Hashana begins at sundown on Wednesday night.