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Follow on Google News | John Marshall Bank Announces Common Stock OfferingBank has commenced an offering of up to 2,000,000 shares of shares of its common stock
The Bank expects to use the net proceeds of the offering to support its lending, deposit taking and investment activities, to support the growth and expansion of the Bank and for general corporate purposes. The offering is expected to close on or about November 15, 2013, subject to extension to a date not later than December 16, 2013. The Board of Directors reserves the right to change the terms of the proposed offering or to cancel the offering at any time. This press 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 offering may be made only by means of an offering circular. Existing shareholders who may wish to participate in the offering may obtain a copy of the offering circular by contacting Kay Bond, Subscription Agent at 703-584-0840. Other interested investors may contact Eric Watson or Liz Smith at BB&T Capital Markets at 804-780-3228 or 804-780-3283. To request the offering circular via email, please send requests to "prospectusrequests@ Caution about Forward-Looking Statements. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include but are not limited to statements about the Bank’s plans, objectives, estimates, intentions, and expectations as to future trends, plans, events or results of the Bank’s operations and policies and regarding general economic conditions. These forward-looking statements are based on current beliefs that involve significant 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 offering circular. End
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