false 0001408534 0001408534 2023-12-19 2023-12-19 0001408534 noticker:CommonStock1ParValueCustomMember 2023-12-19 2023-12-19 0001408534 noticker:DepositarySharesEachRepresentingA140thInterestInAShareOf675SeriesAFixedrateNoncumulativePerpetualPreferredStockCustomMember 2023-12-19 2023-12-19
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):
 
December 19, 2023
 
 
fgbi20231226_8kimg001.jpg
 
FIRST GUARANTY BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
 
                 
 
     
Louisiana
001-37621
26-0513559
(State or other jurisdiction
(Commission File Number)
(I.R.S. Employer
incorporation or organization)
  
Identification Number)
   
400 East Thomas Street
    
Hammond, Louisiana
  
70401
(Address of principal executive offices)
  
(Zip Code)
     
   
(985)345-7685
(Registrant’s telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 
Emerging growth company ☐ 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading Symbol(s)
  
Name of each exchange on which registered
Common Stock, $1 par value
  
FGBI
  
The Nasdaq Stock Market LLC
Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)
  
FGBIP
  
The Nasdaq Stock Market LLC
 
 
 
 
Item 3.02.         Unregistered Sales of Equity Securities.
 
On December 19, 2023, First Guaranty Bancshares, Inc. (“First Guaranty”) completed a private placement of 1,000,000 shares of its common stock, $1.00 par value per share (the “Common Stock”) for aggregate offering proceeds of $10,000,000. The offer and sale of the Common Stock by First Guaranty was made in reliance upon the exemptions from registration available under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D.
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 
 
                       
 
       
   
FIRST GUARANTY BANCSHARES, INC.
   
(Registrant)
Date: December 26, 2023
      
   
By:
/s/Eric J. Dosch
     
Eric J. Dosch
     
Chief Financial Officer
       
 
 
 
v3.23.4
Document And Entity Information
Dec. 19, 2023
Document Information [Line Items]  
Entity, Registrant Name FIRST GUARANTY BANCSHARES, INC.
Document, Type 8-K
Document, Period End Date Dec. 19, 2023
Entity, Incorporation, State or Country Code LA
Entity, File Number 001-37621
Entity, Tax Identification Number 26-0513559
Entity, Address, Address Line One 400 East Thomas Street
Entity, Address, City or Town Hammond
Entity, Address, State or Province LA
Entity, Address, Postal Zip Code 70401
City Area Code 985
Local Phone Number 345-7685
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0001408534
CommonStock1ParValue Custom [Member]  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $1 par value
Trading Symbol FGBI
Security Exchange Name NASDAQ
DepositarySharesEachRepresentingA140thInterestInAShareOf675SeriesAFixedrateNoncumulativePerpetualPreferredStock Custom [Member]  
Document Information [Line Items]  
Title of 12(b) Security Depositary Shares (each representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock)
Trading Symbol FGBIP
Security Exchange Name NASDAQ
First Guaranty Bancshares (NASDAQ:FGBIP)
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