Howard Bancorp, Inc. (OTC Electronic Bulletin Board: HBMD), the parent company of Howard Bank, announced that on November 28, 2011, it filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to its proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
The offering will be made only by means of a prospectus.
The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.