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Latest Avidbank Holdings Inc (AVBH) Headlines

Avidbank Corporate Finance Provides $1,500,000 in Senior Debt Facilities to November Research Group
Business Wire - Thu Feb 27, 5:00AM CST
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided November Research Group, LLC, $1,500,000 in various senior debt facilities. These facilities will be used to help the company fund its continued growth.

Avidbank Expands San Jose Loan Production Office
Business Wire - Thu Jan 30, 5:00AM CST
Avidbank announced that it has recently expanded its San Jose loan production office in San Jose. Avidbank first opened the San Jose office in April of 2012 to accommodate its growing Corporate Banking division. The Bank's new office includes both the Corporate Banking and Corporate Finance Divisions as well as certain operational functions. The office remains at the same 50 W. San Fernando Street location, but is now in a much larger space - suite #850.

Avidbank Corporate Finance Provides a $2,000,000 Term Loan to True Drinks, Inc.
Business Wire - Tue Dec 10, 5:00AM CST
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided True Drinks, Inc. a $2,000,000 term loan. The facility will be used to help the company fund its projected growth.

Avidbank Holdings, Inc. Announces Record Total Assets for the Third Quarter of 2013
Business Wire - Fri Nov 01, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company") (OTCBB: AVBH), sole owner of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, announced total assets of $483 million at the end of the third quarter of 2013, compared to $415 million one year earlier.

Avidbank Corporate Finance Provides $5,000,000 In Credit Facilities to ICU Eyewear, Inc.
Business Wire - Wed Oct 16, 8:14AM CDT
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided $5,000,000 of financing to ICU Eyewear, Inc. of Berkeley, CA. The facilities will be used for working capital flexibility and growth.

Avidbank Corporate Finance Provides $2,000,000 in Credit Facilities to LightPath Technologies, Inc.
Business Wire - Tue Oct 08, 7:30AM CDT
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided LightPath Technologies, Inc. a $2,000,000 line of credit facility. The facility will be used for working capital flexibility and equipment acquisition.

Avidbank Announces Strategic Management Changes
Business Wire - Thu Sep 05, 5:00AM CDT
Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, announced today that its President and Board Member, Kenneth D. Brenner has assumed a new position as Head of Strategic Relationships and will continue to serve on the Board.

Avidbank Corporate Finance Provides $1,750,000 Working Capital Line of Credit to Akademos
Business Wire - Tue Aug 06, 5:00AM CDT
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided Akademos a $1,750,000 working capital line of credit.

Avidbank Holdings, Inc. Completes Redemption of $6 Million in Preferred Stock Issued Under TARP CPP Program
Business Wire - Thu Aug 01, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company") (OTCBB: AVBH), sole owner of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, today announced that it has completed the redemption of all outstanding shares of its non-cumulative perpetual preferred stock previously held by the U.S. Treasury under its Troubled Asset Relief Program - Capital Purchase Program (TARP CPP).

Avidbank Holdings, Inc. Announces Net Income of $923,000 for the Second Quarter of 2013
Business Wire - Wed Jul 24, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company") (OTCBB: AVBH), sole owner of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, announced net income of $923,000 for the second quarter of 2013 compared to $653,000 during the same period in 2012.

Avidbank Corporate Finance Provides Financing Facility to Passkey International, Inc.
Business Wire - Wed Jul 10, 5:00AM CDT
Avidbank Corporate Finance, a Division of Avidbank, has provided a financing facility to Passkey International, Inc. ("Passkey") of Waltham, MA.

Avidbank Holdings, Inc. Announces Successful Completion of $16.0 Million Private Offering
Business Wire - Wed Jun 26, 5:00AM CDT
Avidbank Holdings, Inc. (OTCBB: AVBH), the parent company of Avidbank, today reported the successful completion of a $16.0 million private offering of common shares. Investors purchased 1,641,026 newly issued Avidbank common shares at a purchase price of $9.75 per share.

Larry LaCroix Joins Avidbank as Executive Vice President, Corporate Finance
Business Wire - Mon Jun 10, 8:00AM CDT
Avidbank Holdings, Inc. (OTCBB: AVBH), parent company of Avidbank, today announced that Larry LaCroix has joined the Bank as Executive Vice President, Corporate Finance.

Avidbank Holdings, Inc. Announces Net Income of $514,000 for the First Quarter of 2013
Business Wire - Thu Apr 25, 8:00AM CDT
Avidbank Holdings, Inc. ("the Company") (OTCBB: AVBH), sole owner of Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited net income of $514,000 for the first quarter of 2013, compared to $771,000 during the same period in 2012.

Avidbank Holdings, Inc. Announces Pre-Tax Income of $4.8 Million for 2012, an Increase of 47% Over 2011
Business Wire - Tue Mar 12, 9:59AM CDT
Avidbank Holdings, Inc. ("the Company") (OTCBB: AVBH), the holding company for Avidbank ("the Bank"), an independent full-service commercial bank serving businesses and consumers in Northern California, announced its financial results for the year ended December 31, 2012.

Joe Maleti Joins Avidbank as Senior Vice President
Business Wire - Wed Jan 09, 9:03AM CST
Avidbank Holdings, Inc., parent company of Avidbank, today announced that Joe Maleti has joined the Bank as Senior Vice President to lead its Commercial Real Estate Lending.

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