We represented SmartFinancial, Inc. in the launch of its public offering of 1,770,084 shares of common stock with estimated proceeds of $12,100,000. Underwriters included Raymond James; Keefe Bruyette & Woods; and Hovde Group, LLC.
SmartFinancial, Inc. (NASDAQ:SMBK) is a bank holding company headquartered in Knoxville, Tennessee. Its wholly-owned subsidiary, SmartBank, provides a wide range of banking, mortgage, and financial services to business and individual customers. With 12 branches across east Tennessee and in northwest Florida, SmartBank is the 11th largest commercial bank headquartered in Tennessee as of September 30, 2016 and one of the largest commercial banks headquartered in east Tennessee, based on asset size.