Atlantic Capital Bancshares, Inc. Prices Secondary Offering

ATLANTA, Aug. 18, 2017 (GLOBE NEWSWIRE) -- Atlantic Capital Bancshares, Inc. (Nasdaq:ACBI) (“Atlantic Capital”), the parent company of Atlantic Capital Bank, N.A., announced today the pricing of the previously announced secondary offering by which Trident IV, L.P. and Trident IV Professionals Fund, L.P. (collectively, “Trident”) agreed to sell a total of 3,109,127 shares of Atlantic Capital common stock in an underwritten public offering. Keefe, Bruyette & Woods, Inc., a Stifel Company, is serving as the sole underwriter on the offering, and has priced the offering to purchasers at $16.50 per share.Trident will receive all of the net proceeds from the offering and will no longer own any shares of Atlantic Capital common stock. 

Investors are advised to carefully consider the investment objectives, risks and charges and expenses of Atlantic Capital before investing. The preliminary prospectus supplement, dated August 17, 2017, filed with the Securities and Exchange Commission (the “SEC”), and the accompanying prospectus, dated January 19, 2017, contains this and other information about Atlantic Capital and should be read carefully before investing.

The shares are being offered pursuant to a shelf registration statement under the Securities Act of 1933, as amended, which was previously filed on January 19, 2017 and declared effective by the SEC on January 25, 2017 (File No. 333-215616). The offering is being made only by means of the prospectus and related prospectus supplement, copies of which may be obtained from the offices of Keefe, Bruyette & Woods, Inc., Equity Capital Markets, 787 Seventh Avenue, 4th Floor, New York, NY 10019, or by calling toll-free: (800) 966-1559.Investors may also obtain copies of these documents free of charge by visiting the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering may be made only by means of the prospectus and related prospectus supplement, which have been or will be filed with the SEC.

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