New Century Bancorp, Inc. Announces the Filing of a Registration Statement for the Sale of Common Stock
17 Maio 2006 - 9:30AM
PR Newswire (US)
DUNN, N.C., May 17 /PRNewswire-FirstCall/ -- New Century Bancorp,
Inc. (OTC:NCBC) (BULLETIN BOARD: NCBC) , the holding company for
New Century Bank and New Century Bank South, filed a registration
statement with the Securities and Exchange Commission on May 16,
2006 relating to the public offering of 1,000,000 shares of common
stock, announced John Q. Shaw, President and CEO of New Century.
Howe Barnes Investments, Inc. and Sandler O'Neill & Partners,
L.P. will serve as underwriters of the offering and will be granted
a 30-day option to purchase up to an additional 150,000 shares of
common stock to cover over-allotments, if any. A registration
statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy
be accepted prior to the time the registration statement becomes
effective. This press release shall not constitute an offer to sell
or the solicitation of an offer to buy, nor shall there be any sale
of these securities in any state in which such offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such state. This offering will be
made only by means of a prospectus. To receive a copy of the
preliminary prospectus when it is available, contact Nick Bach of
Howe Barnes Investments, Inc. at 312-655-2946. New Century Bank has
offices in Dunn, NC, Clinton, NC (2), Goldsboro, NC, and
Lillington, NC, and New Century Bank South serves Fayetteville
through a headquarters and banking office in Fayetteville, NC. The
company plans to complete its pending acquisition of Progressive
State Bank this summer, adding five additional offices in Hoke,
Robeson, and Bladen counties, all in North Carolina.
http://www.newcenturybanknc.com/ This news release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including, without
limitation, (i) statements regarding certain of our goals and
expectations with respect to earnings, earnings per share, revenue,
expenses and the growth rate in such items, as well as other
measures of economic performance, including statements relating to
estimates of credit quality trends, and (ii) statements preceded
by, followed by or that include the words "may," "could," "should,"
"would," "believe," "anticipate," "estimate," "expect," "intend,"
"plan," "projects," "outlook" or similar expressions. The actual
results might differ materially from those projected in the
forward- looking statements for various reasons, including, but not
limited to, our ability to manage growth, our limited operating
history, substantial changes in financial markets, regulatory
changes, changes in interest rates, loss of deposits and loan
demand to other savings and financial institutions, and changes in
real estate values and the real estate market. Additional
information concerning factors that could cause actual results to
materially differ from those in the forward-looking statements is
contained in the Company's SEC filings, including its periodic
reports under the Securities Exchange Act of 1934, as amended,
copies of which are available upon request from the Company.
DATASOURCE: New Century Bancorp, Inc. CONTACT: Nick Bach of Howe
Barnes Investments, Inc., +1-312-655-2946 Web site:
http://www.newcenturybanknc.com/
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