- Free Writing Prospectus - Filing under Securities Act Rules 163/433 (FWP)
09 September 2009 - 12:04PM
Edgar (US Regulatory)
Filed pursuant to Rule
433
Registration Statement
No. 333-160956
September 9, 2009
PRESS RELEASE
|
|
EAGLE BANCORP, INC.
|
FOR IMMEDIATE RELEASE
|
|
CONTACT:
|
|
|
Michael T. Flynn
|
September 9, 2009
|
|
(240) 497-2040
|
EAGLE
BANCORP ANNOUNCES $40 MILLION COMMON STOCK OFFERING
BETHESDA, MD.
Eagle Bancorp, Inc. (the Company)
(NASDAQ:
EGBN), the parent company of EagleBank, today announced its intention
to commence a public offering of approximately $40 million of its common stock.
The shares will be issued pursuant to a prospectus supplement filed as part of
an existing shelf registration statement filed with the Securities and Exchange
Commission (SEC) on Form S-3 (File No. 333-160956). The Company
expects to use the net proceeds from this offering for general corporate
purposes, which may include, among other uses, support for organic growth and
potential acquisitions, and repayment of debt.
Sandler
ONeill + Partners, L.P. will serve as sole underwriter for the offering.
The underwriter will have a
30-day option to purchase from the Company up to an additional 15% of the
offered amount of common stock to cover over-allotments, if any.
This
news release does not constitute an offer to sell or a solicitation of an offer
to buy the securities described herein, 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 jurisdiction.
The Company has filed a registration
statement (including a prospectus and preliminary prospectus supplement) with
the SEC for the offering to which this communication relates. Before you
invest, you should read the prospectus in the registration statement, the
preliminary prospectus supplement and other documents the Company has filed
with the SEC for more complete information about the Company and this offering.
You may get these documents for free by visiting EDGAR on the SEC website at
www.sec.gov (see below for the direct address for our filed documents). Alternatively,
copies of the preliminary prospectus supplement and the prospectus relating to
the offering may be obtained by contacting Michael T. Flynn at the Company,
7815 Woodmont Avenue, Bethesda, Maryland
20814,
(240) 497-2040, or Sandler ONeill + Partners, L.P., 919 Third Avenue,
6th Floor, New York, NY 10022, (866) 805-4128.
Eagle Bancorp Documents on SEC
website
http://www.sec.gov/cgi-bin/browse-edgar?company=&match=&CIK=egbn&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
About Eagle Bancorp
The Company is the holding company for EagleBank which
commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland,
and conducts full service commercial banking through thirteen offices, located
in Montgomery County, Maryland, Washington, D.C. and Fairfax County, Virginia.
The Company focuses on building relationships with businesses, professionals
and individuals in its marketplace.
Caution About Forward-Looking
Statements
This press release contains forward-looking statements
within the meaning of the Securities and Exchange Act of 1934, as amended,
including statements of goals, intentions, and expectations as to future
trends, plans, events or results of Company operations and policies and
regarding general economic conditions.
These forward-looking
statements are based on current expectations that involve risks, uncertainties
and assumptions.
Because
of these uncertainties and the assumptions on which the forward-looking
statements are based, actual future operations and results in the future may
differ materially from those indicated herein. Readers are cautioned against
placing undue reliance on any such forward-looking statements.
For details on
factors that could affect these expectations, see the risk factors and other
cautionary language included in the Companys Annual Report on Form 10-K
for the year ended December 31, 2008, and other filings with the SEC. Except
as required by law, the Company does not undertake to update forward-looking
statements contained in this release.
Eagle Bancorp (NASDAQ:EGBN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Eagle Bancorp (NASDAQ:EGBN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024