QNB Corp. raises $48.3M in common stock offering; moves to Nasdaq Capital Market

QNB CORP.

Offered 1,071,428 shares at $42.00; overallotment exercised for 160,714 more; total 1,232,142 shares.
Net proceeds approx $48.3M after discounts and expenses; expected close Aug 21, 2026.
Proceeds to fund balance sheet restructuring, redeem subordinated notes, support lending and capital ratios.
Stock approved for listing on Nasdaq Capital Market under "QNBC"; began trading Aug 20, 2026.

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