Southern First Bancshares, Inc. (NASDAQ:SFST) (the "Company," "we," "us," or "our") today announced that it has launched an underwritten public offering of shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock sold in connection with the offering. The Company intends to use the net proceeds of the offering for general corporate purposes, which may include, among other things, supporting organic growth initiatives, providing capital to our bank subsidiary, redeeming or repurchasing outstanding indebtedness, including subordinated debt, and for working capital purposes.