Northfield Bancorp (NFBK) in Woodbridge, N.J., has completed the stock offering for its conversion to a fully public company.
Northfield said Tuesday that it expects to sell 35.6 million shares at $10 each. The sale requires approval from existing shareholders, and the company will hold a special meeting on Thursday to vote on final approval.
Northfield said it would release its fourth-quarter earnings after the shareholders meeting.
Northfield said in November that it wanted to raise at least $310 million in its offering. The company first explored a second-step conversion in 2010, but postponed it until last year due to weak demand for bank stocks.
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