HILTON HEAD ISLAND, S.C., April 2, 2023 /PRNewswire/ -- CoastalSouth Bancshares Inc. ("CoastalSouth" or the "Company"), the holding company for Coastal States Bank ("CSB"), is pleased to announce that it has concluded a private placement of common stock for gross proceeds of approximately $9 million. CoastalSouth intends to use the net proceeds from the private placement for general corporate purposes, including continued growth and maintenance of bank level regulatory capital ratios.
Read more at prnewswire.comCoastalSouth Bancshares, Inc. Completes $9 Million Common Stock Offering
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