Fairfax-based FVCBankcorp Inc. has priced its initial public offering at $20 per share as it begins trading Friday on the Nasdaq Capital Market.
The bank expects to gross $35 million through its IPO, which, after deducting expenses and an underwriting discount, will net about $31.9 million.
The shares will trade under the symbol FVCB. The Nasdaq Capital Market, formerly the Nasdaq SmallCap Market, focuses on early-stage companies with lower market cap that are not ready to take on the listing requirements…
