The shares were offered to the public at a price of $36.50 per share. Opus did not receive any proceeds from the offering.
In connection with the offering, the underwriters have a 30-day option to purchase an additional 808,084 shares in the offering from the Selling Stockholders. On November 20, 2015, the underwriters provided notice to Opus and the Selling Stockholders that they will partially exercise their option to purchase an additional 708,084 shares of common stock from certain of the Selling Stockholders on November 25, 2015.
Sandler O’Neill + Partners, L.P.; Keefe, Bruyette & Woods; J.P. Morgan; and Credit Suisse Securities (USA) LLC served as joint book-running managers and Piper Jaffray & Co. as co-manager of the offering.