Harbor National Bank sells 1.1 million...

Harbor National Bank sells 1.1 million in common stock

Harbor National Bank, which has offices in Dana Point and Newport

Beach, announced in September that it grossed $7.1 million with the

sale of its common stock, substantially exceeding it’s $6 million

initial target.

The bank sold a total of 1.1 million new shares of common stock

issued at $6.50 per share. The proceeds from the public offering will

be used to support the growth in both offices as well as aid the

opening of a third office in Anaheim.

Harbor National Bank, an independent bank that was established in

1982, offers a diversified range of financial products for small and

medium-sized businesses as well as personal banking.

Acacia Research stockholders to vote on several key issues

Acacia Research Corp. will be holding a special meeting on Nov. 4

in Newport Beach to provide stockholders an opportunity to vote on

several proposals.

One of the main issues stockholders will be voting on is the

recapitalization of Acacia Research to divide its common stock into

two new classes. The two classes would include CombiMatrix, which

would reflect the performance of the corporation’s subsidiary

CombiMatrix Corp., and Acacia Technologies, which would reflect the

performance of Acacia’s media technology businesses.

Stockholders will also vote on the proposed acquisition of

CombiMatrix through a merger that would supplement the subsidiary’s

stockholders with shares from the new CombiMatrix stock as well as

two other proposals to approve new stock incentive plans for each

business group.

Acacia Research develops, licenses and provides products for the

life science and media technology sectors.

Nationwide Health Properties name two new directors

Nationwide Health Properties Inc. of Newport Beach announced the

appointment of two new directors to the company’s board of directors

last month.

Robert D. Paulson, chief executive and founder of Aerostar

Capital, LLC, and Keith P. Russell, president of Russell Financial

Inc., will fill the two vacancies on the board, which recently

expanded from six to seven members.

Nationwide Health Properties is a real estate investment trust

that invests in senior housing and long-term care facilities.