Press Release
Capital Bancorp, Inc. Announces Pricing of Initial Public Offering of Common Stock
Capital intends to use the net proceeds from the proposed offering to fund the organic growth of its commercial and consumer business lines and for general corporate purposes, which could include future acquisitions and other growth initiatives. Capital will not receive any proceeds from the sale of shares of common stock by the selling shareholders in the offering.
The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from
A registration statement relating to these securities was declared effective by the
About
Capital is a registered bank holding company for
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements. These forward-looking statements reflect Capital's current views with respect to, among other things, the completion of the initial public offering of its common stock. Any statements about Capital's expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "could," "should," "seeks," "projects", "can", "ongoing", "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of those words or other comparable words. Capital cautions that the forward-looking statements in this press release are based largely on Capital's expectations and are subject to a number of known and unknown risks and uncertainties that are subject to change based on factors which are, in many instances, beyond Capital's control. Actual results, performance or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements. Any forward-looking statements presented herein are made only as of the date of this press release, and Capital does not undertake any obligation to update or revise any forward-looking statements to reflect changes in assumptions, new information, the occurrence of unanticipated events, or otherwise, except as required by law.
Contact Information:
http://www.capitalbankmd.com
(202) 492-8684
http://www.capitalbankmd.com
301-468-8848
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