QNB Corp. overallotment option adds 160,714 shares at $42 each
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QNB Corp. Announces Exercise of Overallotment Option of 160,714 Shares of Common Stock
August 20, 2026 4:16 PM EDTQUAKERTOWN, Pa., Aug. 20, 2026 (GLOBE NEWSWIRE) -- QNB Corp. (Nasdaq: QNBC) (the Company), parent company of QNB Bank, today announced that the underwriters for its recently announced public offering of common stock have exercised their overallotment option in full to purchase an additional 160,714 shares of common stock at the public offering price of $42.00 per share, less underwriting discounts and commissions. The expected proceeds to the Company in connection with the exercise of the option and the issuance of the additional shares, after deducting the underwriting discount and commissions but before deducting operating expenses payable by the Company,... More
