Community Bancorp Prices Public Offering of 2,295,652 Shares at $23.00 Per Share.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Community Bancorp (Nasdaq:CBON) today announced the pricing of its initial public registered offering of 2,295,652 shares of its common stock at $23.00 per share. The shares of common stock were comprised of 1,495,652 shares from Community Bancorp and 800,000 shares from selling shareholders. The company has also granted the underwriters an over allotment option to acquire an additional 344,348 shares. The underwritten offering Underwritten offering A purchase and sale. was managed by Keefe, Bruyette & Woods, Inc. and D.A. Davidson & Co. Shares of Community Bancorp common stock are scheduled to begin trading Friday, December 10th, on the NASDAQ National Market under the symbol "CBON." Community Bancorp is the holding company for Community Bank of Nevada, a Nevada chartered bank Chartered Bank A financial institution whose primary roles are to accept and safeguard monetary deposits from individuals and organizations, and to lend money out. The details vary from country to country, but usually a chartered bank in operation has obtained government permission headquartered in Las Vegas. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This announcement shall not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of such state. Copies of the prospectus relating to this offering may be obtained from Keefe, Bruyette & Woods, Inc., 787 Seventh Avenue, 4th Floor, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10019, Attention: Syndicate Department. |
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