Lakeland Bancorp, Inc.
LBAI, the holding company for Lakeland Bank, today announced that it
has entered into an underwriting agreement with Keefe Bruyette & Woods, Inc.,
acting as sole underwriter, providing for the public offering of 621,762
shares of the Company's Common Stock at a public offering price of $9.65 per
share. The Company has granted the underwriter an option, exercisable for a
period of 30 days, to acquire up to an additional 62,176 shares at the same
price to cover over-allotments.
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