Houston-based Green Bancorp Inc. on Dec. 20 filed a shelf registration statement for the sale of up to $150 million in securities that it may offer from time to time.
The filing covers the sale of common and preferred stock, debt securities, purchase contracts, purchase units, units and warrants.
In addition, certain stockholders may offer and sell, from time to time, together or separately, up to an aggregate of 15,017,690 common shares. The proposed maximum aggregate offering price is about $330.8 million, or $22.03 per share, typically calculated to estimate the registration fee.
The filing lists the following as the selling stockholders: Stephen Eisenstein, investment funds affiliated with Friedman Fleischer & Lowe LLC, investment funds affiliated with Harvest Partners LP and investment funds affiliated with Pine Brook Road Partners LLC.
Eisenstein is a director of Green Bancorp and a senior managing director of Harvest Partners.
Green Bancorp will not receive any proceeds from the sale of shares to be offered by the selling stockholders.
