CRB Monitor Securities Database Updates
During the week of April 10 - 16, 2023, CRB Monitor’s research team made several updates to securities’ information and added source documents & relevant news articles to the CRB Monitor database.
Summary of the updates for the Week of April 10 - 16, 2023:
|
Tier |
Total # |
Active / Inactive / Pre-IPO |
Added |
Removed |
Net Change |
|
Tier 1A |
145 |
121 / 22 / 2 |
+0 | -0 | +0 |
|
Tier 1B |
724 |
579 / 143 / 2 |
+0 | -0 | +0 |
|
Tier 2 |
342 |
320 / 18 / 4 |
+0 | -0 | +0 |
|
Tier 3 |
508 |
480 / 27 / 1 |
+1 | -0 | +1 |
|
Total Issuances |
1,719 |
1,500 / 210 / 9 |
+1 | -0 | +1 |
|
Total Issuers (w/o Pre-IPOs) |
1,298 |
- |
+1 | -0 | +1 |
|
Total Issuers (w/ Pre-IPOs) |
1,307 |
- |
+1 | -0 | +1 |
- Added 1 Tier 3 Security:
-
- +1 = New CRB: (“FVCBankcorp, Inc.”)
- +1 = New CRB: (“FVCBankcorp, Inc.”)
All newly-identified CRBs during the week:
|
Company Name |
Tier |
Pure-Play | Sector |
Description |
| 3 | No | Financial Services | FVCBankcorp, Inc. is a bank holding company which operates primarily through its subsidiary, FVCbank. The Bank is a community bank serving the banking needs of commercial businesses, nonprofit organizations, professional service entities, and their owners and employees located in the greater Baltimore and Washington D.C., metropolitan areas. In April 2023, publicly-traded Tier 1 CRB "Jushi Holdings Inc." announced the closing of a secured commercial loan with FVCbank, for gross proceeds of $20 million. The proceeds of the Loan will be used for working capital and other corporate purposes. The Loan has a five (5) year term and is principally secured by the Jushi's cultivation and manufacturing facility located in Manassas, Virginia. The Loan will bear interest based on the 30-day average secured overnight financing rate plus 3.55%, with a floor interest rate of not less than 8.25%. |