Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	06/25/2025	The Akkermansia Company	Mergers & Acquisitions	Sell-Side		Image Image	Consumer, Food & Beverage	Piper Sandler served as sell-side advisor for The Akkermansia Company on its sale to Danone	The Akkermansia Company has been acquired by Danone	Financial Advisor
Published	06/24/2025	First Bank	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$35.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for First bank on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	06/24/2025	Avista Healthcare Partners	Private Capital Advisory, Secondary Capital	Secondary Capital		Image	Healthcare, Med-Tech	Advised on the formation of a single asset continuation vehicle for a healthcare precision contract manufacturing portfolio company	Single Asset Continuation Vehicle	Secondary Advisor
Published	06/17/2025	Slide Insurance	Equity Capital Markets	IPO	$469.2 Million	Image	Financial Services, Insurance	Piper Sandler served as co-manager for Slide Insurance on its IPO	Initial Public Offering	Co-Manager
Published	06/16/2025	Spinnaker Insurance Co	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$50.0 Million	Image	Financial Services, Insurance	Piper Sandler served as sole placement agent for Spinnaker Insurance surplus notes offering	Surplus Notes	Sole Placement Agent
Published	06/16/2025	Mammoth Energy Services	Mergers & Acquisitions	Sell-Side		Image Image	Energy, Power & Infrastructure, Energy & Power Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for Mammoth Energy Services in the sale of its high-pressure hydraulic fracturing pumping assets to Flying A Pumping Services	Mammoth Energy Services has sold its hydraulic fracturing pumping assets to Flying A Pumping Services	Financial Advisor
Published	06/16/2025	FineMark Holdings, Inc.	Mergers & Acquisitions	Sell-Side	$585.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for FineMark Holdings, Inc. on its announced merger with Commerce Bancshares, Inc.	FineMark Holdings, Inc. has agreed to merge with Commerce Bancshares, Inc.	Financial Advisor
Published	06/13/2025	Convergent Dental	Financing, Debt Capital Markets	Senior Term Loan	$45.0 Million	Image	Healthcare, Med-Tech	Piper Sandler served as sole placement agent for Convergent Dental on its senior secured term loan	Sr. Secured Term Loan	Sole Placement Agent
Published	06/13/2025	South State Corporation	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$350.0 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for South State Corporation on its subordinated notes offering	Subordinated Notes Offering	Active Bookrunner
Published	06/11/2025	South Street Securities	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$29.5 Million	Image	Financial Services, FinTech	Piper Sandler served as sole placement agent for South Street Securities on senior unsecured notes	Senior Unsecured Notes	Sole Placement Agent
Published	06/11/2025	Chime Financial, Inc.	Equity Capital Markets	IPO	$993.6 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Chime Financial, Inc. on its IPO	Initial Public Offering	Passive Bookrunner
Published	06/10/2025	D-Wave Systems	Equity Capital Markets	At the Market Offering	$400.0 Million	Image	Technology, Software	Piper Sandler served as placement agent for Co-Diagnostics on an ATM offering	ATM Program Common Stock	Sole Placement Agent
Published	06/10/2025	First National of Nebraska, Inc.	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$300.0 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for First National of Nebraska on its subordinated notes offering	Subordinated Notes	Active Bookrunner
Published	06/05/2025	Provident Bancorp, Inc	Mergers & Acquisitions	Sell-Side	$212.0 Million	Image Image	Financial Services, Depositories	Piper Sandler has advised Provident Bancorp, Inc. on its announced merger with NB Bancorp, Inc.	Provident Bancorp, Inc. has agreed to merge with NB Bancorp, Inc.	Financial Advisor
Published	06/04/2025	Nextfed	Mergers & Acquisitions	Sell-Side		Image Image Image	Technology, Defense & Government	Piper Sandler served as sell-side advisor for Nextfed on its sale to Aprio, a portfolio company of Charlesbank	Nextfed has been acquired by Aprio, a portfolio company of Charlesbank	Financial Advisor
Published	06/03/2025	PennyMac Mortgage Investment Trust	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$105.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as bookrunner for PennyMac Mortgage Investment Trust on its senior notes offering	Senior Notes	Active Bookrunner
Published	06/03/2025	TeraWulf	Mergers & Acquisitions	Fairness Opinion	$52.0 Million	Image Image	Financial Services, FinTech	Piper Sandler provided a fairness opinion to the Independent Committee of TeraWulf on this transaction	TeraWulf has acquired 100% of the membership interests of BeoWulf Electricity and Data	Financial Advisor
Published	06/03/2025	Orange County Bancorp, Inc.	Equity Capital Markets	CMFO	$45.9 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Orange County Bancorp Inc. on its CMFO	Follow-On Common Stock Offering	Lead Bookrunner
Published	05/31/2025	PX3 Partners	Private Capital Advisory	Private Funds	€500.0 Million	Image	Private Capital Advisory	Closed at hard-cap one of Europe’s largest first time funds focused on transformative themes within the business services, consumer and leisure, and industrials sectors	Fund I	Sole Placement Agent
Published	05/30/2025	Terminus Capital	Private Capital Advisory	Private Funds	$250.0 Million	Image	Private Capital Advisory	Raised hard cap on oversubscribed Fund I focused on control transactions in under-optimized lower middle-market B2B software companies	Fund I	Sole Placement Agent