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04.10.2024 Firm News

Williams Mullen Assists Blue Ridge Bankshares, Inc. in Closing a $150 Million Private Placement of Common and Preferred Stock

The Williams Mullen team consisting of Scott Richter, Lee Lester, Ben McCall, Will Halliday, David Lay, Larry Parker, Nico Balbontin and Ryan Mills assisted Blue Ridge Bankshares, Inc., the holding company of Blue Ridge Bank, National Association and BRB Financial Group, Inc., in the closing of definitive securities purchase agreements for the gross proceeds of $150 million in a private placement of Blue Ridge’s common and preferred stock.

Blue Ridge Bankshares, Inc. is a multi-state bank holding company headquartered in Charlottesville, Virginia that offers commercial banking services throughout Virginia and North Carolina.

To read the press release, click here.