BLOOMINGTON, Ill., Oct. 31, 2019 (GLOBE NEWSWIRE) -- HBT Financial, Inc. ("HBT"), the holding company for Heartland Bank and Trust Company and State Bank of Lincoln, today announced the exercise by the underwriters of their option to purchase an additional 1,129,794 shares of common stock in connection with HBT's initial public offering. The sale of the additional shares closed today. In total, HBT sold 9,429,794 shares of common stock in the initial public offering, raising total net proceeds, after deducting estimated underwriting discounts and commissions and offering expenses payable by the Company, of approximately $138 million. Keefe, Bruyette & Woods, a Stifel Company and J.P. Morgan are acting as joint book-running managers for the offering. Raymond James, Sandler O'Neill + Partners, L.P. and D.A. Davidson & Co. are acting as co-managers. This offering is being made only by means of a prospectus.