ECB Bancorp, Inc. Prices Offering of 750,000 Shares of Common Stock.
ECB Bancorp, Inc. will use the net proceeds from the offering for general corporate purposes, including supporting loan and deposit growth.
Keefe, Bruyette & Woods served as the sole underwriter and book-running manager for the offering.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such jurisdiction.
Copies of a written prospectus for the offering may be obtained from the syndicate desk of Keefe, Bruyette & Woods, Inc., by contacting them at the following address and telephone number: 787 Seventh Avenue, 4th Floor, New York, New York 10019; (212) 887-8968.
About ECB Bancorp:
ECB Bancorp, Inc. is a bank holding company, headquartered in Engelhard, North Carolina. Its wholly-owned subsidiary, The East Carolina Bank, is a state-chartered, independent community bank insured by the FDIC. The Bank provides a full range of financial services through its 20 offices in eastern North Carolina.
|Printer friendly Cite/link Email Feedback|
|Date:||Mar 15, 2006|
|Previous Article:||ABI Research Partners with Investment Advisor Townhall Proprietary Research.|
|Next Article:||WFG Capital Advisors and National Underwriter Announce Agency Merger & Acquisition Seminar, May 17, 2006.|