Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	07/16/2025	F&M Financial Corporation	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$60.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for F&M Financial Corporation on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	07/15/2025	Civista Bancshares	Equity Capital Markets	Confidentially Marketed Follow-On Offering	$70.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole bookrunning manager for Civista Bancshares on its common stock offering	Follow-On Common Stock Offering	Active Bookrunner
Published	07/11/2025	Milestone Pharmaceuticals	Equity Capital Markets	CMFO		Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Milestone Pharmaceuticals on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	07/10/2025	Civista Bancshares	Mergers & Acquisitions	Buy-Side	$70.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for Civista Bancshares, on its agreed acquisition of The Farmers Savings Bank	Civista Bancshares has agreed to acquire The Farmers Savings Bank	Financial Advisor
Published	07/08/2025	New York Mortgage Trust	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Senior Notes	$90.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as bookrunner for New York Mortgage Trust on its senior notes offering	Senior Notes	Active Bookrunner
Published	07/06/2025	Eudia	Mergers & Acquisitions	Buy-Side		Image Image Image	Technology, Technology Services	Piper Sandler served as buy-side advisor for Eudia, a portfolio company of General Catalyst, on its acquisition of Johnson Hana	Eudia, portfolio company of General Catalyst, has acquired Johnson Hana	Financial Advisor
Published	07/03/2025	Eos Fitness Holdings, LLC	Mergers & Acquisitions	Sell-Side		Image Image Image	Consumer, Health & Wellness Services	Piper Sandler served as the lead financial advisor for Eos Fitness, a portfolio company of BRS, in acquisition to TSG Consumer	EoS Fitness, a portfolio company of BRS, has been acquired by TSG Consumer	Financial Advisor
Published	07/02/2025	Inovio Pharmaceuticals, Inc.	Equity Capital Markets	CMFO	$25.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Inovio Pharmaceuticals, Inc. on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	07/01/2025	CoastalSouth Bancshares, Inc.	Equity Capital Markets	IPO	$43.8 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for CoastalSouth Banchsares, Inc. on its IPO	Initial Public Offering	Active Bookrunner
Published	06/30/2025	Nektar Therapeutics	Equity Capital Markets	CMFO	$100.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Nektar Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	06/30/2025	Lawrence Bancshares, Inc.	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$47.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Lawrence Bancshares, Inc. on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	06/30/2025	Finnebrogue	Mergers & Acquisitions	Sell-Side		Image Image	Consumer, Food & Beverage	Piper Sandler served as financial advisor for Finnebrogue on its sale to Sofina	Finnebrogue has been acquired by Sofina	Financial Advisor
Published	06/25/2025	Bridgewater Bancshares, Inc.	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$80.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Bridgewater Bancshares, Inc. on its subordinated notes offering =	Subordinated Notes	Lead Placement Agent
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