ConnectOne Bancorp Confirms NASDAQ Listing for Common & Preferred Stock
Ticker: CNOBP · Form: 8-K · Filed: Jan 11, 2024 · CIK: 712771
| Field | Detail |
|---|---|
| Company | Connectone Bancorp, Inc. (CNOBP) |
| Form Type | 8-K |
| Filed Date | Jan 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, security-registration, corporate-governance
TL;DR
**ConnectOne Bancorp just confirmed its stock is still properly listed on NASDAQ, no big news here.**
AI Summary
ConnectOne Bancorp, Inc. filed an 8-K on January 11, 2024, to update its registration of securities. The filing confirms that its Common Stock (CNOB) is registered on NASDAQ and its Depositary Shares, representing a 1/40th interest in 5.25% Series A Non-cumulative Perpetual Preferred Stock, are also registered. This matters to investors as it reaffirms the company's compliance with SEC regulations and the continued listing of its securities on major exchanges, ensuring liquidity and transparency for shareholders.
Why It Matters
This filing confirms the continued listing and registration of ConnectOne Bancorp's securities, which is crucial for maintaining investor confidence and market liquidity.
Risk Assessment
Risk Level: low — This 8-K is a routine filing confirming existing security registrations and does not indicate any new risks or material changes.
Analyst Insight
This filing is routine and does not present new information that would warrant immediate action. Investors should continue to monitor ConnectOne Bancorp's financial performance and broader market trends.
Key Numbers
- 1/40th — interest in preferred stock (each depositary share represents this fraction of a preferred stock share)
- 5.25% — preferred stock dividend rate (the non-cumulative perpetual preferred stock has this dividend rate)
Key Players & Entities
- ConnectOne Bancorp, Inc. (company) — the registrant filing the 8-K
- NASDAQ (company) — the exchange where ConnectOne Bancorp's securities are registered
- Common Stock (other) — a class of securities registered by ConnectOne Bancorp
- Depositary Shares (other) — a class of securities registered by ConnectOne Bancorp
- 5.25% Series A Non-cumulative Perpetual Preferred Stock (other) — the underlying preferred stock for the depositary shares
FAQ
What is the purpose of this 8-K filing by ConnectOne Bancorp, Inc.?
The purpose of this 8-K filing, dated January 11, 2024, is to report 'Other Events' and 'Financial Statements and Exhibits,' specifically confirming the registration of ConnectOne Bancorp, Inc.'s securities pursuant to Section 12(b) of the Securities Exchange Act of 1934.
Which specific securities of ConnectOne Bancorp, Inc. are mentioned as registered in this filing?
The filing specifically mentions two classes of securities registered pursuant to Section 12(b) of the Act: 'Common stock' with trading symbol CNOB, and 'Depositary Shares Each Representing A 1/40th Interest In A Share Of 5.25% Series A Non-cumulative Perpetual Preferred Stock'.
On which exchange are ConnectOne Bancorp, Inc.'s securities registered?
Both the Common stock (CNOB) and the Depositary Shares are registered on NASDAQ, as stated in the 'Name of each exchange on which registered' column of the filing.
What is the dividend rate for the Series A Non-cumulative Perpetual Preferred Stock mentioned in the filing?
The filing specifies that the Depositary Shares represent an interest in '5.25% Series A Non-cumulative Perpetual Preferred Stock'.
What is the registrant's business address and phone number as per the filing?
The registrant's business address is 301 Sylvan Avenue, Englewood Cliffs, New Jersey 07632, and the business phone number is (201) 816-8900.
Filing Stats: 467 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-01-11 07:30:24
Filing Documents
- cnob20231113_8k.htm (8-K) — 25KB
- ex_597318.htm (EX-99.1) — 7KB
- ex_515821img001.jpg (GRAPHIC) — 5KB
- 0001437749-24-001149.txt ( ) — 186KB
- cnob-20240111.xsd (EX-101.SCH) — 4KB
- cnob-20240111_def.xml (EX-101.DEF) — 13KB
- cnob-20240111_lab.xml (EX-101.LAB) — 18KB
- cnob-20240111_pre.xml (EX-101.PRE) — 13KB
- cnob20231113_8k_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events.   On January 11, 2024, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.   
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.   99.1   Press Release dated January 11, 2024 104   Cover Page Interactive Data File (embedded within the Inline XBRL document)         SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.     ConnectOne Bancorp, Inc.             Date: January 11, 2024 By:  /s/ William S. Burns     William S. Burns     Senior Executive Vice President and Chief Financial Officer