GLEN HEAD, N.Y., July 20, 2010 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (the "Company" or "FLIC") (Nasdaq:FLIC) announced today that it has closed on its common stock offering of 1,437,500 shares of common stock at a price of $24.00 per share, which includes 187,500 shares that were sold pursuant to the exercise by the underwriter of its over-allotment option. The net proceeds of the offering, after the underwriting discount and estimated offering expenses payable by the Company, was approximately $32.2 million. Keefe, Bruyette & Woods, Inc. acted as the sole Managing Underwriter of the offering.
The First Of Long Island Corporation Raises $32.2 Million From Common Stock Offering
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