Published on 11/7/2005 in the Prospect News PIPE Daily.
New Issue: Yardville National Bancorp settles $8.72 million private placement of stock
By Sheri Kasprzak
New York, Nov. 7 - Yardville National Bancorp said it concluded a private placement for $8,723,961.
The company issued 235,401 shares at $37.06 each to individual accredited investors.
The non-brokered offering represents 2.17% of the company's outstanding shares.
Based in Hamilton, N.J., Yardville is a holding company for chain of regional banks in the northeast.
Issuer: | Yardville National Bancorp
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Issue: | Stock
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Amount: | $8,723,961
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Shares: | 235,401
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Price: | $37.06
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Warrants: | No
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Placement agent: | Non-brokered
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Settlement date: | Nov. 3
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Stock price: | $37.06 at close Nov. 3
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