Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	09/01/2022	Peach State Bancshares	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$10.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Peach State Bancshares on a 6.25% fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Sole Placement Agent
Published	09/01/2022	Corebridge	Financing, Equity Capital Markets	IPO	$1.7 Billion	Image Image	Financial Services, Asset & Wealth Management	Piper Sandler served as lead active bookrunner for Corebridge on its initial public offering	Initial Public Offering	Active Bookrunner
Published	09/01/2022	The Vistria Group, LLC	Mergers & Acquisitions	Buy-Side		Image Image	Financial Services, Insurance	Piper Sandler served as financial advisor for The Vistria Group, LLC on an investment in Flores & Associates LLC	Investment	Financial Advisor
Published	09/01/2022	ODNB Financial Corporation	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Subordinated Notes	$24.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for ODNB Financial Corporation on a 6.25% fixed-to-floating rate subordinated notes offering due in 2022	Subordinated Notes	Sole Placement Agent
Published	09/01/2022	AIG	Financing, Equity Capital Markets	IPO	$1.7 Billion	Image Image	Financial Services, Insurance	Piper Sandler served as left bookrunner for AIG on its initial public offering of Corebridge Financial	Initial Public Offering	Lead Bookrunner
Published	09/01/2022	Merchants Bancorp	Equity Capital Markets, Financing	Preferred Stock	$28.6 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for Merchants Bancorp on a 8.25% fixed-rate resert Series D non-cumulative perpetual preferred stock	Preferred Stock	Active Bookrunner
Published	09/01/2022	First United	Financing, Equity Capital Markets	Preferred Stock	$80.8 Million	Image	Financial Services, Depositories	Piper Sandler served as joint placement agent for First United on a 8.50% fixed-rate reset non-cumulative perpetual preferred stock offering	Preferred Stock	Joint Placement Agent
Published	09/01/2022	Southern Missouri Bancorp	Mergers & Acquisitions	Buy-Side	$140.0 Million	Image Image	Financial Services, Depositories	Piper Sandler served as buy-side advisor for Southern Missouri Bancorp on acquisition of Citizens Bancshares Company	Southern Missouri Bancorp has acquired Citizens Bancshares Company	Financial Advisor
Published	09/01/2022	Valley National Bancorp	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$150.0 Million	Image	Financial Services, Depositories	Piper Sandler seved bookrunner for Valley on fixed-to-floating rate subordinated notes offering due in 2032	Subordinated Notes	Active Bookrunner
Published	09/01/2022	Waud Capital	Private Capital Advisory, Secondary Capital	Secondary Capital	$500.0 Million	Image	Private Capital Advisory	Piper Sandler served as sole financial advisor for Waud Capital on its Single Asset Continuation Vehicle	Single Asset Continuation Vehicle	Secondary Advisor
Published	09/01/2022	Pathward Financial, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Notes	$20.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Pathward on a 6.625% fixed-to-floating rate subordinated notes offering	Subordinated Notes	Sole Placement Agent
Published	09/01/2022	LinkBancorp	Financing, Equity Capital Markets	IPO	$34.3 Million	Image	Financial Services, Depositories	Piper Sandler served as bookrunner for LinkBancorp on its initial public offering	Initial Public Offering	Active Bookrunner
Published	09/01/2022	Third Coast Bancshares, Inc.	Equity Capital Markets, Financing	Preferred Stock	$69.4 Million	Image	Financial Services, Depositories	Piper Sandler served as sole placement agent for Third Coast Bancshares, Inc. on a 6.70% non-cumulative convertible preferred stock offering	Preferred Stock	Sole Placement Agent
Published	09/01/2022	M&T Bank Corporation	Mergers & Acquisitions	Division Carve Out		Image Image Image	Financial Services, Insurance	Piper Sandler served as sell-side advisor for M&T Bank Corporation on divestiture of M&T Insurance Agency, Inc. to Arthur J. Gallagher & Co.	M&T Bank has divested M&T Insurance Agency, Inc. to Arthur J. Gallagher & Co.	Financial Advisor
Published	09/01/2022	Laredo Energy	Mergers & Acquisitions	Division Carve Out		Image	Energy & Power, Upstream	Piper Sandler served as financial advisor for Laredo Energy on divestiture of Eagle Ford assets	Laredo Energy has divested Eagle Ford assets	Financial Advisor
Published	09/01/2022	Tuesday Morning Corporation	Restructuring	Special Situations Financing	$35.0 Million	Image	Consumer, Retail & Disruptive Commerce	Piper Sandler served as financial advisor for Tuesday Morning Corporation on a recapitalization that provides liquidity to avoid covenant breach and potential liquidation	Special Situations Financing	Financial Advisor
Published	08/31/2022	Stronghold Energy Partners, LP	Mergers & Acquisitions	Sell-Side	$465.0 Million	Image Image	Energy & Power, Upstream	Piper Sandler served as sell-side advisor for Stronghold Energy on its divestiture of Central Basin Platform assets in the Permian Basin to Ring Energy, Inc.	Stronghold Energy has divested Central Basin Platform assets to Ring Energy, Inc.	Financial Advisor
Published	08/31/2022	M & D Distributors	Mergers & Acquisitions	Sell-Side		Image Image Image	Services & Industrials	Piper Sandler served as sell-side advisor for Magneto & Diesel Holdings, LLC ("M&D"), a portfolio company of Warren Equity Partners, on sale to Gridiron Capital, LLC	Magneto & Diesel Holdings, LLC ("M&D"), a portfolio company of Warren Equity Partners, has been acquired by Gridiron Capital, LLC	Financial Advisor
Published	08/31/2022	SelectQuote, Inc.	Restructuring	Amendment	$950.0 Million	Image	Financial Services, Insurance	Piper Sandler served as investment banker for SelectQuote, Inc. on its credit agreement amendment	Amendment	Financial Advisor
Published	08/31/2022	The Billington Group	Mergers & Acquisitions	Buy-Side		Image Image	Consumer, Food & Beverage	Piper Sandler served as buy-side advisor for The Billington Group on acquisition of Carr's Billington Agriculture Ltd joint venture	The Billington Group has acquired Carr's Billington Agriculture Ltd joint venture	Financial Advisor