August 10, 2021

On August 9, 2021, Orange County Bancorp, Inc., parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., closed its initial public offering of common stock. Orange County Bancorp sold 1,150,000 shares of its common stock at a public offering price of $33.50 per share, including 150,000 shares of common stock pursuant to the underwriters’ overallotment option. Orange County Bancorp’s common stock trades on the Nasdaq Capital Market under the symbol “OBT.”

Luse Gorman served as legal counsel to Orange County Bancorp in the stock offering. The Luse Gorman team included Benjamin Azoff, Jeffrey Cardone and Brendan Saxon.

Orange County Bancorp, Inc. headquartered in Middletown, New York has $2.1 billion in assets and operates through 14 offices located in Orange, Westchester, Rockland and Bronx Counties, New York.

Luse Gorman has extensive experience representing issuers in public offerings and private placements of capital stock, debt, and other securities. To learn more about our Capital Markets and Corporate Finance practice, please visit our website.