ATLASGeorgia Banking Company, Inc. IPO (GBC)
The data feed lists Georgia Banking Company, Inc. for NASDAQ with a start date of Oct 29, 2026, status "Priced", and no offer price or price range (not an underwritten IPO). First-day change from open to close: -36.2%.
Updated November 4, 2026 · Source: IPO calendar data feed (EODHD) and the company's SEC filings
Listed by registering existing holders' shares for resale, with no underwriters and no new money raised for the company.
What the company does
Georgia Banking Company, Inc. is a bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Georgia Banking Company, it provides commercial banking, community banking, private banking, commercial real estate banking, mortgage warehouse and treasury services to businesses, professionals, entrepreneurs and consumers in the Atlanta MSA. As of June 30, 2026, the Company had approximately $3.3 billion in total assets and operated 10 full-service banking offices and three loan production offices.
The offer
- Offer price
- None (direct listing)
- Reference
- $30.00 private placements in 2026
- Shares registered for resale
- 7,074,016
- Proceeds to the company
- $0
- Underwriters
- None · advisor: Performance Trust Capital Partners
- Lock-up
- No contractual lock-up agreements exist; none of the Registered Shareholders or other existing shareholders have entered into contractual lock-up agreements or other contractual restrictions on transfer, though affiliate shareholders are subject to Rule 144 volume and manner-of-sale limitations
Use of proceeds
The company will not receive any proceeds from the sale of common stock by the Registered Shareholders. The company will pay for the expenses of this offering, except that the Registered Shareholders will pay any broker discounts or commissions and expenses of their legal counsel.
Financials
| US$ thousands | FY2024 | FY2025 | 6M 2025 | 6M 2026 |
|---|---|---|---|---|
| Interest income | 130,412 | 164,872 | 77,322 | 84,691 |
| Net interest income | 71,684 | 102,378 | 46,859 | 55,923 |
| Net income (loss) | 8,456 | 22,080 | 6,731 | 13,296 |
| Total assets | 2,263,623 | 2,702,332 | 2,598,616 | 3,262,344 |
| Deposits | 1,828,625 | 2,359,685 | 2,071,890 | 2,838,622 |
Key risks
No contractual lock-up. None of the Registered Shareholders or other existing shareholders have entered into contractual lock-up agreements, so any shareholder may sell shares immediately upon listing, which could cause the stock price to drop significantly.
No established trading market. Prior to this offering, no established public trading market for the common stock existed, and there is no assurance that a liquid trading market will develop or be sustained after listing.
Direct listing price volatility. Listing without a firm-commitment underwritten offering may cause trading volume and price to be more volatile than if the common stock was listed in connection with an underwritten initial public offering.
Reference price may not reflect market. Recent private transaction prices of $30.00 per share may have little or no relation to the opening public price or subsequent trading price of the common stock on Nasdaq.
Affiliate share sale restrictions. Shareholders collectively representing 26.48% of common shares hold control securities subject to the volume and manner-of-sale limitations of Rule 144, while non-affiliate shareholders may sell their shares immediately upon listing without restriction.
Timeline
- Oct 2, 2026 · Registration statement filed (S-1)
- Oct 14, 20, 26 · 3 amendments (S-1/A)
- Oct 27, 2026 · Current report (8-K)
- Oct 28, 2026 · Current report (8-K)
- Oct 29, 2026 · Final prospectus (price set) (424B4) View filing
- Oct 30, 2026 · Prospectus supplement (424B3)
Sources on SEC EDGAR
Facts come from the company's SEC filings; calendar data from EODHD. Information only, not investment advice. Profile updated Nov 4, 2026.
Calendar data
| Status in feed | Priced |
|---|---|
| Start date | Oct 29, 2026 |
| Exchange | NASDAQ |
| Shares offered | 7,074,016 |
| First-day change (open to close) | -36.20% |
| First-day open | $60 |
| First-day close | $38.28 |
| Filing date | Oct 29, 2026 |
| Last amended | Oct 29, 2026 |
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Create an accountFrequently asked questions
What does Georgia Banking Company, Inc. do?
Georgia Banking Company, Inc. is a bank holding company headquartered in Atlanta, Georgia. Through its bank subsidiary, Georgia Banking Company, it provides commercial banking, community banking, private banking, commercial real estate banking, mortgage warehouse and treasury services to businesses, professionals, entrepreneurs and consumers in the Atlanta MSA. As of June 30, 2026, the Company had approximately $3.3 billion in total assets and operated 10 full-service banking offices and three loan production offices.
Is the Georgia Banking Company, Inc. listing a regular IPO?
No. It is a direct listing: existing shareholders' shares are registered for resale, with no underwriters and no proceeds to the company (7,074,016 shares registered).
When is the Georgia Banking Company, Inc. IPO?
The data feed lists a start date of Oct 29, 2026 with status "Priced".
What is the Georgia Banking Company, Inc. IPO price range?
There is no offer price or price range: this is not an underwritten IPO. The exchange sets the opening price in an opening auction.
How is the first-day change measured?
On the first trading day (Oct 29, 2026) the stock moved -36.20% from its open ($60) to its close ($38.28), from daily price data. This is not the change from the IPO offer price.
What does "Priced" mean?
The feed reports the offering as priced. The start date is the first trading day.
Can I get an email when this IPO starts trading?
Yes. ATLAS PRO accounts can follow an IPO inside the platform and get one email when it starts trading. This is information, not investment advice.
Educational information, not investment advice. Disclaimer