US bank QNB set for Nasdaq debut after $45 million share sale

QNBC•2026-08-20

QNB set for Nasdaq debut after share sale

U.S. bank QNB Corp QNBC.PK is set for its Nasdaq debut on Thursday after a $45 million share sale.

Quakertown, Pennsylvania-based QNBC sold about 1.1 million shares at $42 apiece.

Proceeds will be used for general purposes, including repositioning the bond portfolio, repaying debt, funding new loans and supporting capital ratios.

QNBC, which is uplisting to Nasdaq from OTC Markets, currently operates fourteen branches in Bucks, Lehigh, and Montgomery Counties.

Brean Capital served as lead book-running manager for the offering, while Performance Trust Capital Partners acted as joint book-running manager.

US bank QNB set for Nasdaq debut after $45 million share sale

QNB set for Nasdaq debut after share sale

Related News

Singularity Future Technology Ltd. Announces Pricing Of $5.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

Creative Medical Technology Holdings Successfully Completes Enrollment And Treatment Across Entire FDA-Cleared Adapt Trial, Including Opioid Cohort, Advancing Celz-201 / Olastrocel Toward Rmat Evaluation And Phase 3 Planning

Cosan says no decision yet on potential sale of Rumo stake as binding bids arrive

Nasdaq trade halt <QNBC.O> reason not available at 10:02 AM

Amex Halt MHX Add Info Lst 14.065300