M&A - ConnectOne Bancorp, Inc.

Form Type: 8-K

Filing Date: 2025-06-02

Corporate Action: Merger

Type: New

Accession Number: 000143774925019064

Filing Summary: On June 1, 2025, ConnectOne Bancorp, Inc. completed its merger with The First of Long Island Corporation (FLIC). At the Effective Time, FLIC merged into ConnectOne, with ConnectOne as the surviving corporation. Shareholders of FLIC received 0.5175 shares of ConnectOne common stock for each share of FLIC common stock held, with cash provided for fractional shares. Subsequently, FLIC's subsidiary, The First National Bank of Long Island, merged into ConnectOne Bank, effectively rebranding the banking operations under ConnectOne. FLIC common stock was delisted from NASDAQ following the merger. The document also outlines the appointment of former FLIC executives to ConnectOne's board and details a separation agreement for Christopher Becker, who will serve as Vice Chairman. Additionally, a press release announcing the completion of the merger was issued on June 2, 2025.

Form Type: 8-K

Filing Date: 2025-05-15

Corporate Action: Merger

Type: Update

Accession Number: 000110465925049060

Filing Summary: On May 15, 2025, ConnectOne Bancorp, Inc. announced an update regarding its merger agreement with The First of Long Island Corporation (FLIC). The merger agreement, initially announced on September 4, 2024, stipulates that FLIC will merge with and into ConnectOne Bancorp, with ConnectOne as the surviving entity. The anticipated closing date for the merger is around June 1, 2025. The report includes the historical audited consolidated financial statements of FLIC for the years ending December 31, 2024 and 2023 as well as interim financials for March 31, 2025. All necessary regulatory approvals to proceed with the merger have been obtained from the New Jersey Department of Banking and Insurance on May 12, 2025, enabling the company to move forward with the merger process.

Form Type: 8-K

Filing Date: 2025-05-12

Corporate Action: Merger

Type: Update

Accession Number: 000110465925047103

Filing Summary: ConnectOne Bancorp, Inc. reported on May 12, 2025, regarding its previously announced merger with The First of Long Island Corporation, with ConnectOne Bancorp being the surviving entity. The company received a waiver on May 9, 2025, from the Federal Reserve Bank of New York, exempting it from filing an application for the merger under the Bank Holding Company Act of 1956. An investor presentation related to the merger was filed as Exhibit 99.1.

Form Type: 8-K

Filing Date: 2025-02-14

Corporate Action: Merger

Type: New

Accession Number: 000143774925004020

Filing Summary: On February 14, 2025, ConnectOne Bancorp, Inc. conducted a Special Meeting of Shareholders to discuss two primary proposals regarding the merger with The First of Long Island Corporation (FLIC). The first proposal involved the approval of the issuance of ConnectOne common stock to FLIC shareholders as per the merger agreement dated September 4, 2024, which was approved with 29,629,792 votes in favor, 22,696 against, and 150,365 abstentions. The second proposal aimed to approve an adjournment of the meeting to solicit additional proxies if necessary; this proposal was also approved, receiving 28,257,108 votes in favor against 1,213,335 against, and 332,410 abstentions. Both proposals were successful without the need for an adjournment. On the same day, FLIC also held a Special Meeting where its shareholders approved related proposals regarding the merger. A joint press release was issued to announce these approvals.