1ST Constitution Bancorp Announces Record Date for Rights Offering to Existing Shareholders
1ST Constitution Bancorp (NASDAQ: FCCY) announced today that a record date of the close of business on September 5, 2012 has been set for its planned rights offering to existing shareholders (the "Rights Offering"). On August 16, 2012, the Company filed a registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC") with respect to the Rights Offering (the "Registration Statement"). Subject to the Registration Statement being declared effective by the SEC, the Rights Offering will be made through the distribution of non-transferable subscription rights to purchase shares of the Company's common stock at a subscription price at a ratio to be determined. The Company intends to distribute the rights and commence the offering promptly after the record date.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.