ConnectOne Bancorp Announces Underwriters' Exercise Of Over-Allotment Option Thursday, February 21, 3:01 PM ET
ConnectOne Bancorp (NASDAQ:CNOB), the holding company for ConnectOne Bank announced today that the underwriters for the recently completed public offering of ConnectOne common stock have exercised in full their over-allotment option to purchase an additional 240,000 shares of ConnectOne common stock.
A total of 1,840,000 shares of ConnectOne common stock were publicly offered and sold in the offering at a price of $28.00 per share, after giving effect to the sale of the shares being sold pursuant to the over-allotment option.
Stifel, Nicolaus & Company served as the sole book-running manager for the offering, Keefe, Bruyette & Woods served as lead manager and Sandler O'Neill served as co-manager.
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