Note: This is NOT an IPO. This is a public offering – a NASDAQ uplisting from the OTC Pink market, where Avidbank Holdings’ stock currently trades under the symbol “AVBH” – according to the prospectus. On July 16, 2025, the last reported sales price for Avidbank Holdings’ common stock as reported on the OTC Pink Market was $21.53, the prospectus said.

(Incorporated in California) 

We are Avidbank Holdings, a bank holding company based in San Jose, California, that operates through our wholly owned subsidiary, Avidbank, a California state-chartered bank. We operate one branch and two loan production offices in California. Our specialty finance and venture lending divisions have bankers and customers in 37 states.

We focus on corporate banking, commercial real estate and real estate construction lending in the Bay Area (which we define as the counties of Alameda, Contra Costa, Marin, Monterey, Napa, San Francisco, San Mateo, Santa Clara, Santa Cruz, Solano, and Sonoma), while also maintaining a growing national presence in Venture Lending and Specialty Finance.

We specialize in commercial and industrial lending, commercial real estate lending, real estate construction, venture lending, structured finance, asset-based lending, sponsor finance, and fund finance. In addition to providing products and services, the Bank emphasizes the establishment of long-standing relationships with its customers and regularly modifies the products and services it offers to meet the unique demands of its customers. Our mission is to collaborate with our customers to meet their individual and business banking needs. We aim to consistently deliver value that exceeds our clients’ expectations.

Founded in 2003, we are a full-service commercial bank dedicated to providing innovative banking solutions to a diverse client base, including small-to-medium sized businesses, technology companies, and individuals through robust portfolios of lending products, deposit services, and digital banking capabilities. We provide competitive deposit products and treasury management solutions with a high-touch, relationship-driven approach, guided by our commitment to being Responsive, Collaborative & Accountable—principles we embody in every client interaction. Our experienced management team focuses on loan growth while maintaining excellent credit quality, core deposit expansion, noninterest income growth and improving operational efficiency.

As of March 31, 2025, we had total assets of $2.3 billion, total loans of $1.8 billion, total deposits of $1.9 billion and total shareholders’ equity of $196.6 million.

Note: Net income and revenue are for the 12 months that ended March 31, 2025.

(Note: Avidbank Holdings priced its public offering at $23.00 – the mid-point of its range – and sold 2.61 million shares – the number in the prospectus – to raise $60.03 million on Thursday night, Aug. 7, 2025. The public offering was done in conjunction with Avidbank Holdings’ NASDAQ uplisting from the OTC market. Note: Avidbank Holdings (AVBH) opened flat – at $23.00 – on the NASDAQ at around 9:45 a.m. EDT on Friday, Aug. 8, 2025, and was last up at $23.06 at around 9:55 a.m. EDT.)

(Background: Avidbank Holdings disclosed the terms for its public offering – 2.61 million shares at a price range of $22.00 to $24.00 to raise $60.03 million, if priced at the $23.00 mid-point of its range – in an S-1/A dated Aug. 4, 2025 – for a deal connected to its NASDAQ uplisting. Initial Filing: Avidbank Holdings filed its S-1 for a public offering – a NASDAQ uplisting from the OTC market – on July 18, 2025, to raise initial proceeds estimated at up to $70 million. The proposed NASDAQ trading symbol is AVBH – the same symbol for its OTC listing.)