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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
June 16, 1997
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Unity Bancorp, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-12431 22-3282551
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
64 Old Highway 22, Clinton, New Jersey 08809
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (908) 730-7630
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Item 5. Other Events.
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The Registrant issued a press release on June 16, 1997 announcing that the
American Stock Exchange approved the common stock purchase warrants of Unity
Bancorp, Inc. for listing on that date.
Item 7. Exhibits.
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The following exhibit is filed with this Current Report on Form 8-K.
Exhibit No. Description
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99 Press Release dated June 16, 1997
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Unity
Bancorp, Inc. has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
UNITY BANCORP, INC.
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(Registrant)
Dated: June 20, 1997 By: /s/ James Hyman
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James Hyman
President and Chief
Operating Officer
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EXHIBIT INDEX
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CURRENT REPORT ON FORM 8-K
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Sequential
Exhibit No. Description Page Number
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99 Press Release dated
June 16, 1997
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EXHIBIT 99
FOR RELEASE: IMMEDIATELY
CONTACT: JAMES HYMAN, PRESIDENT (908) 7??-???? PRESS RELEASE
ADRIAN MADONIA, JR. (908) 788-9660
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UNITY BANCORP, INC. ANNOUNCES COMMON STOCK
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PURCHASE WARRANTS FOR LISTING ON AMEX
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CLINTON, NEW JERSEY, JUNE 16, 1997...UNITY BANCORP, INC. (AMEX: UBI), announced
today that the American Stock Exchange has approved the Company's common stock
purchase warrants for listing. The warrants will commence trading on June 16,
1997. The warrants, which were issued in connection with the Company's initial
public offering of units in December of 1996, entitle the holder to purchase a
share of stock at an exercise price of $15.75. The warrants expire on December
15, 2998.
The common stock purchase warrants will trade on the American Stock Exchange:
SYMBOL
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Common Stock Purchase Warrant UBLWS
Mr. Robert J. Van Volkenburgh, Chairman of the Board and Chief Executive Officer
of UNITY BANCORP, INC. stated, "We believe listing our common stock purchase
warrants on the American Stock Exchange will provide our warrant holders with
additional liquidity, thereby enhancing the value of their investment in
Company."
UNITY BANCORP, INC. is the holding company for FIRST COMMUNITY BANK. FIRST
COMMUNITY BANK, which had assets of $187.6 million, total net loans of $104.3
million and total deposits of $168.0 million as of March 31, 1997, is a
commercial bank providing a wide range of business and consumer financial
services through its main office in Clinton and branch locations in Flemington,
Linden, North Plainfield, Scotch Plains, Springfield and Union, New Jersey.
For additional information about the Bank's financial service, call
1-800-540-4790, or visit FCB's Internet page at http://members.aol.com/FCBJC.
E-mail can be addressed to the Bank at [email protected].
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