BANC · Banc of California, Inc.

Summary

Banc of California, Inc. filed a new universal shelf registration statement on Form S-3 (File No. 333-293930) on March 2, 2026, effective immediately, replacing the prior 2023 statement. On March 6, 2026, it filed a prospectus supplement for resale by selling stockholders of up to 20,323,171 shares of voting common stock, supported by a legal opinion confirming validity.

Key takeaways

• Filed 2026 Registration Statement on Form S-3 (File No. 333-293930) on March 2, 2026, replacing 2023 Registration Statement (File No. 333-270328)
• Filed Resale Prospectus on March 6, 2026, pursuant to Registration Rights Agreement dated November 30, 2023
• Resale covers 20,323,171 shares of voting common stock by Warburg Investors and Centerbridge Investor
• Includes 2,640,244 Existing Shares held by Warburg Investors
• Includes 3,048,780 Centerbridge Warrant Shares issuable upon exercise of Centerbridge Warrant
• Includes 14,634,147 Warburg Warrant Conversion Shares from Non-Voting Common Equivalent Stock
• Legal opinion by Silver, Freedman, Taff & Tiernan LLP confirms shares are validly issued, fully paid, non-assessable