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-0.00438596491228076 -0.00438596491228076 -0.00438596491228076 0.00877192982456137 0.0131578947368421 0.0131578947368421 0.00877192982456137 0.0131578947368421
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First Bank Announces Exercise of Underwriters’ Option to Purchase Additional Shares

FIRST BANK WILLIAMSTOWN (FRBA)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: firstbanknj.com/about/investor-relations.html
PDF HAMILTON, N.J., June 06, 2017 (GLOBE NEWSWIRE) -- First Bank (NASDAQ:FRBA) announced today that the underwriters of its previously announced underwritten public offering have exercised in part their over-allotment option and purchased an additional 219,298 shares of its common stock. Including this option exercise, aggregate gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses, are approximately $40.0 million. All of the shares sold in the offering were offered by First Bank. First Bank intends to use the net proceeds from the offering for general corporate purposes, including the support of additional growth. Sandler O’Neill + Partners, L.P. and Robert W. Baird & Co. Incorporated acted as joint book-running managers for the offering. Hovde Group, LLC and FIG Partners acted as co-managers. The offering was made only by means of an offering circular. Copies of the offering circular relating to this offering may be obta [Read more]

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