OTC Bulletin Board

QNB Corp. Declares Q1 2024 Dividend

Retrieved on: 
Tuesday, February 27, 2024
QNB, OTC Bulletin Board, QNB Bank

Quakertown, PA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Quakertown, PA (27 February 2024) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 27, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • Quakertown, PA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Quakertown, PA (27 February 2024) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 27, declared a quarterly cash dividend of $0.37 per share.
  • The cash dividend is payable on March 28, 2024, to shareholders of record March 15, 2024.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

Pinnacle Bancshares, Inc. Approves New Plan To Buy Back Common Stock

Retrieved on: 
Wednesday, March 6, 2024
Banking, Accounting, Professional Services, OTCBB, OTC Bulletin Board, Nature

Pinnacle Bancshares, Inc. (OTCBB: PCLB) (the “Company”) today announced that its Board of Directors has approved a new stock repurchase plan that replaces the previous stock repurchase plan dated July 1, 2020, which no longer has shares authorized for repurchase.

Key Points: 
  • Pinnacle Bancshares, Inc. (OTCBB: PCLB) (the “Company”) today announced that its Board of Directors has approved a new stock repurchase plan that replaces the previous stock repurchase plan dated July 1, 2020, which no longer has shares authorized for repurchase.
  • The new stock repurchase plan is equal to approximately 5% of total shares outstanding (45,477 shares).
  • At February 28, 2024, the Company had total assets of approximately $339 million and total stockholders’ equity of approximately $11.3 million.
  • The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be terminated or suspended at the Company’s discretion.

Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

Retrieved on: 
Tuesday, January 23, 2024
Banking, Professional Services, Finance, OTC Bulletin Board, Summit Bank

The Board of Directors of Summit Bancshares Inc., at a meeting held on January 17, 2024, declared a quarterly cash dividend of $0.11 per share, an increase of $0.01 from 2023 quarterly dividends, payable on March 15, 2024, to holders of record as of the close of business on February 23, 2024.

Key Points: 
  • The Board of Directors of Summit Bancshares Inc., at a meeting held on January 17, 2024, declared a quarterly cash dividend of $0.11 per share, an increase of $0.01 from 2023 quarterly dividends, payable on March 15, 2024, to holders of record as of the close of business on February 23, 2024.
  • Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240123653709/en/

QNB Corp. Declares Q4 2023 Dividend

Retrieved on: 
Tuesday, November 28, 2023
QNB, OTC Bulletin Board, QNB Bank

Quakertown, PA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (November 28, 2023) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), the parent company of QNB Bank, at a regular meeting on November 28, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • Quakertown, PA, Nov. 28, 2023 (GLOBE NEWSWIRE) -- QUAKERTOWN, PA (November 28, 2023) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), the parent company of QNB Bank, at a regular meeting on November 28, declared a quarterly cash dividend of $0.37 per share.
  • The cash dividend is payable on December 29, 2023, to shareholders of record on December 15, 2023.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

IDEX Biometrics ASA: Private placement of NOK 35 million successfully placed 15 Nov 2023

Retrieved on: 
Wednesday, November 15, 2023
Offer, IDEX Biometrics, Private placement, NOT, Oslo Stock Exchange, Convertible bond, Limited company, Security (finance), Risk, ANY, NOK, OTC Bulletin Board, Prospectus, IDEX, FOR, ISIN, Private

Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 15 November 2023, regarding a contemplated private placement of new shares to raise gross proceeds of up to NOK 35 million (the "Private Placement").

Key Points: 
  • Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 15 November 2023, regarding a contemplated private placement of new shares to raise gross proceeds of up to NOK 35 million (the "Private Placement").
  • The Private Placement has been successfully placed and will raise gross proceeds to the Company of NOK 35 million, through the issue of 78,651,685 new shares (the "Offer Shares") at a price of NOK 0.4450 per Offer Share (the "Offer Price").
  • Due to the final number of Offer Shares placed, the announced potential second tranche of the Private Placement is cancelled.
  • The following primary insiders have subscribed for and been allocated Offer Shares in the Private Placement, ISIN NO0003070609, at the Offer Price, NOK 0.4450 per share:

IDEX Biometrics ASA - Contemplated Private Placement

Retrieved on: 
Wednesday, November 15, 2023
Private placement, EGM, IDEX Biometrics, Bookrunner, NOT, Oslo Stock Exchange, Convertible bond, Limited company, Security (finance), VPS, Risk, ANY, History, NOK, CET, External reference pricing, OTC Bulletin Board, EUR, Prospectus, FOR, File, Reference, Acquisition, Tranche, ISIN, ASA, Regulation, Private, VWAP, Interest, Bank, Cryptocurrency

IDEX Biometrics ASA (the "Company"), a leading provider of advanced fingerprint identification and authentications solutions, has retained Arctic Securities AS as sole manager and bookrunner (the "Manager") to advise on and effect a private placement (the "Private Placement") of new shares in the Company (the "Offer Shares") to raise gross proceeds of up to NOK 35 million.

Key Points: 
  • IDEX Biometrics ASA (the "Company"), a leading provider of advanced fingerprint identification and authentications solutions, has retained Arctic Securities AS as sole manager and bookrunner (the "Manager") to advise on and effect a private placement (the "Private Placement") of new shares in the Company (the "Offer Shares") to raise gross proceeds of up to NOK 35 million.
  • With such cost reductions and the combined proceeds from the contemplated Private Placement and Convertible Bond, the Company expects to be fully funded through 2024.
  • The subscription price per Offer Share in the Private Placement (the "Offer Price") and the number of Offer Shares to be issued in the Private Placement will be determined by the board of directors of the Company (the "Board") following an accelerated bookbuilding process.
  • A private placement enables the Company to raise capital in an efficient manner, and the Private Placement is structured to ensure that a market-based subscription price is achieved.

Report From FINRA Board of Governors Meeting – December 2023

Retrieved on: 
Friday, December 15, 2023
Finance, Law Enforcement, Emergency Services, Professional Services, Legal, Public Policy, Government, NAC, Committee, Report, NCFC, OTC Bulletin Board, Arbitration, Regulation, SFAC, Code, Financial adviser, FINRA

FINRA’s Board of Governors held its fifth and final meeting of the year on December 6-7.

Key Points: 
  • FINRA’s Board of Governors held its fifth and final meeting of the year on December 6-7.
  • The Board also appointed new members to the National Adjudicatory Council (NAC) and the Small Firm Advisory Committee (SFAC), and previewed the 2024 FINRA Annual Regulatory Oversight Report.
  • FINRA anticipates publishing the 2024 FINRA Annual Regulatory Oversight Report — formerly known as the Report on FINRA’s Examination and Risk Monitoring Program — next month.
  • The next FINRA Board of Governors meeting is scheduled for March 6-7, 2024.

Fathom Digital Manufacturing Corporation Receives Non-Binding Acquisition Proposal From CORE Industrial Partners

Retrieved on: 
Monday, November 27, 2023
Engineering, Chemicals, Plastics, Technology, Manufacturing, Machinery, Hardware, Disclosure, NYSE, Comment, Common stock, CORE, Schedule 13D, Digital, Committee, OTC Bulletin Board

Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry leader in on-demand digital manufacturing services, today announced that it has received a non-binding proposal from CORE Industrial Partners, LLC on behalf of itself and its affiliated investment vehicles, (collectively, the "CORE Funds”), to acquire all of the Company's outstanding shares of Class A Common Stock and Class B Common Stock that they do not already own for $4.50 cash per share.

Key Points: 
  • Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry leader in on-demand digital manufacturing services, today announced that it has received a non-binding proposal from CORE Industrial Partners, LLC on behalf of itself and its affiliated investment vehicles, (collectively, the "CORE Funds”), to acquire all of the Company's outstanding shares of Class A Common Stock and Class B Common Stock that they do not already own for $4.50 cash per share.
  • The non-binding proposal states that as of November 22, 2023, the CORE Funds collectively owned shares of Class A Common Stock and Class B Common Stock representing approximately 63% of the Company’s outstanding voting power.
  • There can be no assurance that any definitive agreement will result from the proposal submitted by the CORE Funds or that any transaction will be consummated.
  • The Company and the Special Committee do not intend to comment further about this proposal unless and until they deem that further disclosure is appropriate.

Bank of Bird-in-Hand Reports on Progress of Stock Offering

Retrieved on: 
Tuesday, October 31, 2023
Banking, Professional Services, FDIC, COMMON, Bank, CPA, Bank of Bird-in-Hand, Offering circular, Humble Bundle, Bird, OTC Bulletin Board, SELL, Management

The Bank of Bird-in-Hand (the “Bank”) announced that, as of October 26, 2023, it has received subscriptions for 514,635 shares of its common stock for aggregate gross proceeds of $14,409,780 before deducting offering expenses, through the previously announced stock offering of its shares of common stock.

Key Points: 
  • The Bank of Bird-in-Hand (the “Bank”) announced that, as of October 26, 2023, it has received subscriptions for 514,635 shares of its common stock for aggregate gross proceeds of $14,409,780 before deducting offering expenses, through the previously announced stock offering of its shares of common stock.
  • The Bank commenced the common stock offering on September 18, 2023, at $28.00 per share, of up to approximately $15 million of common stock with the right to increase the offering amount up to approximately $30 million, at the sole discretion of the Board of Directors in the event that demand for the shares exceeded $15 million.
  • Kevin J. McClarigan, CPA, Chairman of the Board, stated, “We are excited and humbled by the strong demand we have experienced for our latest common stock offering.
  • The Bank reserves the right, however, to withdraw or terminate the Offering at any time and return unaccepted subscriptions to subscribers.

OXFORD BANK CORPORATION ANNOUNCES THIRD QUARTER AND NINE MONTH 2023 OPERATING RESULTS

Retrieved on: 
Wednesday, November 1, 2023
Asset, Futures contract, AFS, Bank, OTC Bulletin Board, Multimedia, Growth, Comprehensive income, Tier 1 capital, Risk, OCF, NIM, Current Expected Credit Losses, Release, Corporation, Probability, Availability, Total, Investment, SBA, Security (finance)

OXFORD, Mich., Nov. 1, 2023 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the third quarter ended September 30, 2023.

Key Points: 
  • OXFORD, Mich., Nov. 1, 2023 /PRNewswire/ -- Oxford Bank Corporation ("the Company") (OTC Bulletin Board: OXBC), the holding company for Oxford Bank ("the Bank"), today announced operating results for the third quarter ended September 30, 2023.
  • Total Assets of the Company were $794.34 million as of September 30, 2023, compared to $782.87 million at September 30, 2022.
  • Oxford Bank is a subsidiary of Oxford Bank Corporation, a registered holding company.
  • In addition, Oxford Bank has business banking centers in Wixom, downtown Oxford, Ann Arbor and Flint, Michigan.