National Commerce plans to price initial public offering of its stock

Keefe, Bruyette & Woods assists; deal funds growth and working capital

By Devika Patel

Knoxville, Tenn., Jan. 5 – National Commerce Corp. will conduct an initial public sale of common stock with a 30-day greenshoe option, according to a Form S-1 filed Monday with the Securities and Exchange Commission.

Keefe, Bruyette & Woods is the bookrunning manager.

Proceeds will be used for growth, working capital and other general corporate purposes.

The bank holding company is based in Birmingham, Ala. It intends to list its common stock on the Nasdaq under the symbol “NCOM.”

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