CommunityOne Bancorp fka COB

[Enterprising Investor]

Warrant Offering

Distributed, not earlier than January 1, 2012, to each holder of record of our common stock as of the close of business on October 20, 2011, or the business day immediately preceding the closing date of the Merger, non-transferable warrants to purchase common stock from the Company. As a result of the Reverse Stock Split, each shareholder will receive a warrant to purchase one share of our common stock for every 400 shares of common stock held as of October 20, 2011, at an exercise price of $16.00 per share.

http://sec.gov/Archives/edgar/data/764811/000119312511317299/d257321ds1.htm