First PacTrust Announces Exercise of Underwriters’ Overallotment Option in Connection with Common Stock Offering by EON


IRVINE, Calif.--(BUSINESS WIRE)--First PacTrust Bancorp, Inc. (the “Company”) (Nasdaq: BANC), the holding company for PacTrust Bank and Beach Business Bank, announced that the underwriters of the Company’s recently completed underwritten public offering of voting common stock, par value $0.01 per share (the “Common Stock”), exercised their overallotment option, resulting in the issuance of an additional 360,000 shares of Common Stock for additional gross proceeds of $4.7 million. Together with t

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