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SParikh wrote: This article speaks true to the importance and capitalizing of the cloud. Me having experience dealing with cloud based tech and consulting and integration services, I realize the need for a secure and consistant cloud service. Many people are concerned with the privacy, or lack thereof, that could occur with storing personal documents into a non-physical storage unit. I can see, though with companies such as ours and Metacloud, we are working toward a more secure and easy to use cloud system for both personal and professional use. Spursh Parikh www.sererra.com
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ConnectOne Bancorp, Inc. Prices Initial Public Offering

ENGLEWOOD CLIFFS, N.J., Feb. 11, 2013 /PRNewswire/ -- ConnectOne Bancorp, Inc., formerly known as North Jersey Community Bancorp, Inc. ("ConnectOne"), the holding company for ConnectOne Bank (formerly known as North Jersey Community Bank), announced today it has priced its initial public offering of 1,600,000 shares of common stock at $28.00 per share.  ConnectOne expects to close the offering on February 15, 2013.  Stifel, Nicolaus & Company, Incorporated is serving as the sole book-running manager for the offering, Keefe, Bruyette & Woods, Inc. is serving as a lead manager and Sandler O'Neill & Partners, L.P. is serving as a co-manager.  ConnectOne has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares, representing 15% of the total number of shares to be sold by ConnectOne in the offering, to cover over-allotments, if any.  

ConnectOne also announced that its NASDAQ listing application has been approved.  ConnectOne's common stock will commence trading tomorrow, February 12, 2013 on the NASDAQ Global Market under the symbol "CNOB."

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission.  The initial public offering is being made only by means of a prospectus. Copies of the final prospectus for the offering may be obtained by contacting Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One South Street, 15th Floor, Baltimore, MD 21201 (443-224-1988).

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About ConnectOne Bancorp, Inc.

ConnectOne is a New Jersey corporation and a registered bank holding company pursuant to the Bank Holding Company Act of 1956, as amended, that was formed in 2008 to serve as the holding company for ConnectOne Bank ("the Bank" and formerly known as North Jersey Community Bank).  The Bank is a community-based, full-service New Jersey-chartered commercial bank that was founded in 2005.  The Bank operates from its headquarters located at 301 Sylvan Avenue in the Borough of Englewood Cliffs, Bergen County, New Jersey, and through its seven other banking offices.

SOURCE ConnectOne Bancorp, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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