The Librados suite of application adapters allows backend enterprise application functionality to be integrated and exposed into any J2EE application server or Web server environment as XML, Web services, JSTL, JAXB
or an ISV's own proprietary format.
Nasdaq:JAXB)("JAXB"), the bank holding company for The Jacksonville Bank ("Bank"), today announced the closing of a $50 million capital raise led by CapGen Capital Group IV LP ("CapGen") under a definitive amended and restated stock purchase agreement providing for the issuance of 50,000 shares of JAXB Series A Mandatorily Convertible, Noncumulative, Nonvoting, Perpetual Preferred Stock, $0.
Green, the President & Chief Executive Officer of JAXB.
The issuance of the common stock upon conversion of the Series A Preferred Stock is subject to approval by JAXB's shareholders, for which JAXB expects to hold a special meeting of shareholders in early 2013.
acted as exclusive financial advisor to JAXB in connection with the asset sale.
Shareholders of JAXB are urged to read the proxy statement regarding the transactions when it becomes available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because these will contain important information.
Information about the directors and executive officers of JAXB and their ownership of JAXB common stock is set forth in the proxy statement, dated April 2, 2012, for JAXB's 2012 annual meeting of shareholders, as filed with the SEC.