Bank of Florida Corp. Announces Compliance with NASDAQ Minimum Bid Price Rule
03 Février 2010 - 9:29PM
Business Wire
Bank of Florida Corporation (NASDAQ: BOFL) announced today that
it was notified by The Nasdaq Stock Market that the Company has
regained compliance with the minimum bid price rule (Listing Rule
5450(a)(1)), as its common stock price has closed with a bid price
above $1.00 per share for at least 10 consecutive business days.
Bank of Florida’s common stock will continue to trade on the NASDAQ
Global Market.
Bank of Florida Corporation
Bank of Florida Corporation. (Nasdaq: BOFL) is a $1.4
billion-asset multi-bank holding Company located in Naples,
Florida. Bank of Florida Corporation is the parent company for Bank
of Florida - Southwest in Collier and Lee Counties; Bank of Florida
– Southeast in Broward, Miami-Dade and Palm Beach Counties; Bank of
Florida – Tampa Bay in Hillsborough and Pinellas Counties; and Bank
of Florida Trust Company, collectively referred to as the
“Company”. Investor information may be found on the Company’s web
site, http://www.bankofflorida.com, by clicking on "Investor
Relations." To receive an email alert of all company press
releases, SEC filings, and events, select the “Email Notification”
section.
Certain of the statements made herein are “forward-looking
statements”, within the meaning and protections of Section 27A
of the Securities Act of 1933, as amended and Section 21E of
the Securities Exchange Act of 1934, as amended, or the Exchange
Act.
Forward-looking statements include statements with respect to
our beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements.
All statements other than statements of historical fact are
statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as “may,” “will,” “anticipate,” “assume,” “should,”
“indicate,” “would,” “believe,” “contemplate,” “expect,”
“estimate,” “continue,” “plan,” “point to,” “project,” “could,”
“intend,” “target” and other similar words and expressions of the
future. Statements and predictions regarding provisions for loan
losses, levels of the allowance for loan losses, levels of
non-performing loans and assets, migration of loans into
non-performing status and problem loan and asset resolutions
(including foreclosures), and pipelines of assets under management
are forward looking statements. Many of these are not within our
control.
All written or oral forward-looking statements attributable to
us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 10-K for
the year ended December 31, 2008 and in our quarterly report
on Form 10-Q for the period ending September 30, 2009
filed on the same day under “Special Cautionary Notice Regarding
Forward-Looking Statements” and “Risk Factors,” and otherwise in
our SEC reports and filings, including the 8-K to which this is an
exhibit. Such reports are available upon request from the Company,
or from the Securities and Exchange Commission, including through
the SEC’s Internet website at http://www.sec.gov.
We have no obligation and do not undertake to update, revise or
correct any of the forward-looking statements after the date
hereof, or after the respective dates on which any such statements
otherwise are made.
Bank of Florida Corporation has filed a registration statement
(including a prospectus) (SEC File Number 333-161252) with the SEC
for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration
statement and other documents the issuer has filed with the SEC for
more complete information about the issuer and this offering. You
may get these documents for free by visiting EDGAR on the SEC Web
site at www.sec.gov. Alternatively, the issuer will arrange to send
you the prospectus if you request it by calling (239) 254-2100.
Bancshares OF Florida (NASDAQ:BOFL)
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