Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	12/08/2025	Ancala Partners	Mergers & Acquisitions	Buy-Side		Image Image Image	Chemicals	Piper Sandler served as buy-side advisor for Ancala Partners on its acquisition of Valentra from Hexion	Ancala has acquired Valentra from Hexion	Financial Advisor
Published	12/08/2025	Protara Therapeutics	Equity Capital Markets	CMFO	$75.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Protara Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Active Bookrunner
Published	12/08/2025	Mountain Commerce Bancorp	Mergers & Acquisitions	Sell-Side	$150.1 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Mountain Commerce Bancorp on its announced merge with Home Bancsahres, Inc.	Mountain Commerce Bancorp has agreed to merge with Associated Banc-Corp	Financial Advisor
Published	12/05/2025	Capricor Therapeutics	Equity Capital Markets	CMFO	$172.5 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Capricor Therapeutics on its CMFO	Confidentially Marketed Follow-On Offering	Left Bookrunner
Published	12/02/2025	Kestra Medical Technologies	Equity Capital Markets	Follow-On Offering	$158.7 Million	Image	Healthcare, Med-Tech	Piper Sandler served as bookrunner for Kestra Medical Technologies on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	12/01/2025	American National Corporation	Mergers & Acquisitions	Sell-Side	$604.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for American National Corporation on its announced merger with Associated Banc-Corp	The holding company for American National Bank has agreed to merge with Associated Banc-Corp	Financial Advisor
Published	11/28/2025	Brooge Petroleum and Gas Investment Company	Mergers & Acquisitions	Sell-Side		Image Image	Energy, Power & Infrastructure, Energy & Power Services & Equipment	Piper Sandler served as sell-side advisor for Brooge Petroleum and Gas Investment Company on its sale of assets and subsidiaries to Gulf Navigation	Brooge Petroleum and Gas Investment Company has sold its assets and subsidiaries to Gulf Navigation	Financial Advisor
Published	11/25/2025	Bowhead Specialty Holdings	Debt Capital Markets	Senior Notes	$150.0 Million	Image	Financial Services, Insurance	Piper Sandler served as bookrunner for Bowhead Specialty Holding's senior notes offering	Senior Notes	Joint Bookrunner
Published	11/24/2025	Blue Foundry Bancorp	Mergers & Acquisitions	Sell-Side	$243.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as sell-side advisor for Blue Foundry Bancorp on its announced merger with Fulton Financial Corporation	Blue Foundry Bancorp has agreed to merge with Fulton Financial Corporation	Financial Advisor
Published	11/21/2025	Compeer Financial	Equity Capital Markets	Preferred Stock	$300.0 Million	Image	Financial Services	Piper Sandler served as sole initial purchaser for Compeer Financial on its perpetual preferred stock	Perpetual Preferred Stock	Sole Initial Purchaser
Published	11/21/2025	Citizens National Bank of Texas	Debt Capital Markets	Subordinated Notes	$35.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Citizens National Bank of Texas on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	11/20/2025	Pinnacle Financial Corporation	Mergers & Acquisitions	Buy-Side		Image Image	Financial Services, Depositories	Piper Sandler served as buy side advisor for Pinnacle Financial Corporation on its announced merger with Morris State Bank	Pinnacle Financial Corporation has agreed to merge with the holding company for Morris State Bank	Financial Advisor
Published	11/19/2025	American Integrity Insurance Group	Equity Capital Markets	Follow-On Offering		Image	Financial Services, Insurance	Piper Sandler served as bookrunner for American Integrity Insurance Group, Inc. on its follow-on offering	Follow-On Offering	Active Bookrunner
Published	11/19/2025	Central Bancompany	Equity Capital Markets	IPO	$373.0 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Central Bancompany on its IPO	Initial Public Offering	Joint Bookrunner
Published	11/17/2025	Redwood Trust	Debt Capital Markets	Senior Notes	$100.0 Million	Image	Financial Services, Specialty Finance	Piper Sandler served as bookrunner for Redwood Trust on its senior notes offering	Senior Notes	Joint Bookrunner
Published	11/17/2025	Dickinson Financial Corporation	Debt Capital Markets	Subordinated Notes	$65.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Dickinson Financial Corporation on its subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	11/17/2025	Shore Bancshares	Debt Capital Markets	Subordinated Notes	$60.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Shore Bancshares, Inc. on its subordinated notes offering	Subordinated Notes	Lead Placement Agent
Published	11/13/2025	Fennec Pharmaceuticals	Equity Capital Markets	CMFO	$40.2 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Fennec Pharmaceuticals on its CMFO	Confidentially Marketed Follow-On Offering	Lead Bookrunner
Published	11/12/2025	MultiPlan, Inc.	Equity Capital Markets	CMFO		Image	Healthcare	Piper Sandler served as bookrunner for MultiPlan, Inc. on its CMFO	Confidentially Marketed Follow-On Offering	Passive Bookrunner
Published	11/12/2025	Creative Media & Community Trust	Mergers & Acquisitions	Sell-Side	$44.0 Million	Image Image	Financial Services, Real Estate	Piper Sandler served as financial advisor for Creative Media & Community Trust on the announced sale of its lending division to an affiliate of Peachtree Group	Creative Media & Community Trust has agreed to sell its lending division to an affiliate of Peachtree Group	Financial Advisor