Wednesday, January 19, 2022

Equity Corporate Actions Alert #2022 - 10
(UPDATED: Merger closed) Information Regarding the Merger of Howard Bancorp, Inc. (HBMD)


  • Industry Announcement

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At a special meeting held on November 9, 2021, shareholders of Howard Bancorp, Inc. (HBMD) approved the proposed merger with FNB Corp (FNB-NYSE). The merger closed at 12:01 am on January 22, 2022. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on January 21, 2022. The stock will remain halted on (January 24, 2022) and will be suspended effective January 25, 2022. The details are as follows:

Company Name/Issue: Howard Bancorp, Inc. Common Stock
CUSIP#: 442496105
Symbol: HBMD
Last Trading Date: January 21, 2022
Marketplace Effective Date for Suspension: January 25, 2022
Merger Consideration: 1.8 of a share of FNB for each share held.

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