HOUSTON, June 15, 2010 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. When declared effective by the SEC, the shelf registration statement will allow Encore to raise capital from time to time in future offerings, up to an aggregate of $75.0 million, through the sale in any combination of debt securities, common and preferred stock, warrants, depositary shares and units. The specific terms of any such future offerings will be established by Encore at the time of each offering, subject to market conditions, and will be described in detail in a prospectus supplement filed at the time of the offering. Encore does not have any immediate plans or commitments to sell securities under the shelf registration statement.
Encore Bancshares, Inc. Files Universal Shelf Registration
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.