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CNBC » Topics » Note 13 - Stockholders Equity and Regulatory Requirements

These excerpts taken from the CNBC 10-K filed Mar 17, 2008.

Note 13 — Stockholders’ Equity and Regulatory Requirements

On June 30, 2005, the Parent Corporation issued 2,000,000 shares of its common stock to a limited number of accredited investors in a private placement of its securities. The shares were issued at a purchase price of $10.00 per share. Net proceeds to the Parent Corporation were approximately $18.9 million, after commissions and expenses.

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TABLE OF CONTENTS

CENTER BANCORP, INC AND SUBSIDIARIES
  
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 13 — Stockholders’ Equity and Regulatory Requirements  – (continued)

Note 13 — Stockholders’ Equity and Regulatory Requirements



On June 30, 2005, the Parent Corporation issued 2,000,000 shares of its common stock to a limited number of accredited investors in a private placement of its securities. The shares were issued at a purchase price of $10.00 per share. Net proceeds to the Parent Corporation were approximately $18.9 million, after commissions and expenses.





F-34









TABLE OF CONTENTS



CENTER BANCORP, INC AND SUBSIDIARIES
  
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS



Note 13 — Stockholders’ Equity and Regulatory Requirements  – (continued)



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 17, 2008

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