Business news of local interest
Spa and yoga studio open
Just Breathe Salt Spa and Yoga Studio LLC, 1216 Pleasant Valley Blvd., is now open for business.
Just Breathe offers halotherapy/salt therapy in their salt room, flotation therapy, as well as a salt and sound booth that provides salt, sound and light therapy. These services provide an overall wellness to develop a healthy mind, body and spirit. Goat milk products and items from local artisans are also sold.
The business is owned by Tracey and John Dutko.
For more information, email firstname.lastname@example.org or call 943-7258.
WE-LEaD to hold conference
The Blair County Chamber’s WE-LEaD program will hold a half-day Empowerment Conference for Women that will deal with two separate topics featuring one dynamic presenter from 7:30 to 11:30 a.m. Sept. 15 at The Casino at Lakemont Park.
Sherry Cain will present Session One, titled “From Burnt Out to On Fire,” which will help women to take charge and make the changes that can immediately have positive effects. Cain will then present, “Don’t Feed the Fears,” which focuses attention on the essential elements of living a fearless life. Cost to attend the conference is $55 for chamber members and $65 for non-members. A breakfast buffet is included. To register, call the chamber at 943-8151 or register here.
CNB announces offering
CNB Financial Corp., the parent company of CNB Bank, has announced the pricing of its underwritten public offering of 2,100,000 depositary shares, each of which represents a 1/40th interest in a share of its 7.125 percent Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, $1,000 liquidation preference per share.
The corporation has granted the underwriters an option, exercisable in whole or in part for 30 days, to purchase up to an additional 315,000 depositary shares at the public offering price, less the underwriting discount. The corporation expects to close the offering, subject to customary conditions, on or about Aug. 25.
The corporation has filed an application to list the depositary shares on the Nasdaq Global Select Market under the symbol “CCNEP”. If the application is approved, trading of the depositary shares on Nasdaq is expected to begin within 30 days after the closing date.
CNB expects the gross proceeds from the Offering to be $52.5 million (or $60.375 million if the underwriters exercise their option to purchase additional depositary shares in full).