m_and_a
confidence high
sentiment neutral
materiality 1.00
FLIC merges into ConnectOne, shares converted at 0.5175 ratio
FIRST OF LONG ISLAND CORP
- Merger effective June 1, 2025; FLIC ceased to exist as separate entity.
- Each FLIC share exchanged for 0.5175 shares of ConnectOne common stock.
- FLIC stock delisted from Nasdaq; registration will be terminated.
- FLIC’s directors and executive officers departed; Becker, Haye, Quick appointed to ConnectOne board.
- FLIC’s articles and bylaws ceased; ConnectOne’s remain.
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