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SEC Comment Letter for SHORE BANCSHARES INC (SHBI) (CIK 0001035092) (SHBI) — Aug 12, 2015

SHORE BANCSHARES INC (SHBI) (CIK 0001035092)
Date: Aug. 12, 2015 · CIK: 0001035092 · Accession: 0000000000-15-041262

Regulatory Compliance Financial Reporting Offering / Registration Process

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File numbers found in text: 333-206110

Date
August 11, 2015
Author
/s/ Era Anagnosti
Form
UPLOAD
Company
SHORE BANCSHARES INC (SHBI) (CIK 0001035092)

Letter

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 DIVISION OF CORPORATION FINANCE MAIL STOP 4720 August 11, 2015 Via E -mail Mr. Lloyd L. Beatty, Jr. President and Chief Executive Officer Shore Bancshares, Inc. 28969 Information Lane Easton, M D 21601

Re: Shore Bancshares, Inc. Registration Statement on Form S-3 Filed August 5 , 2015 File No. 333-206110

Dear Mr. Beatty :

This is to advise you that we have not reviewed and will not review your registration statement .

We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Act of 193 3 and all applicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made.

In the event you request acceleration of t he effective date of the pending regist ration statement, please provide a written statement from the company acknowledging that:

 should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclos e the Commission from taking any action with respect to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the ad equacy and accuracy of the disclosure in the filing; and

 the company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the Unit ed States.

Mr. Lloyd L. Beatty, Jr. Shore Bancshares, Inc. August 11, 2015 Page 2

Please refer to Rules 460 and 461 regarding requests for acceleration . We will consider a written request for acceleration of the effective date of the registration statement as confirmation of the fact that those requesting acceleration are a ware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the registered securities .

Please contact Jonathan E. Gottlieb , Staff Attorney, at (202) 551 -3416 with an y questions.

Sincerely,
/s/ Era Anagnosti

Show Raw Text
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

DIVISION OF
  CORPORATION FINANCE
          MAIL STOP 4720

        August 11, 2015

Via E -mail
Mr. Lloyd L. Beatty, Jr.
President and Chief Executive Officer
Shore Bancshares, Inc.
28969 Information Lane
Easton, M D 21601

Re:  Shore Bancshares, Inc.
Registration Statement on Form S-3
Filed  August 5 , 2015
File No. 333-206110

Dear Mr. Beatty :

This is to advise you that we have not reviewed and will not review your
registration statement .

We urge all persons who are responsible for the accuracy and adequacy of the
disclosure in the filing to be certain that the filing includes the information the Securities
Act of 193 3 and all applicable Securities  Act rules require.   Since the company and its
management are  in possession of all facts relating to a company’s disclosure, they are
responsible for the accuracy and adequacy of the disclosures they have made.

In the event you request acceleration of t he effective date of the pending
regist ration statement, please provide  a written statement from the company
acknowledging that:

 should the Commission or the staff, acting pursuant to delegated authority,
declare the filing effective, it does not foreclos e the Commission from taking any
action with respect to the filing;

 the action of the Commission or the staff, acting pursuant to delegated authority,
in declaring the filing effective, does not relieve the company from its full
responsibility for the ad equacy and accuracy of the disclosure in the filing; and

 the company may not assert staff comments and the declaration of effectiveness
as a defense in any proceeding initiated by the Commission or any person under
the federal securities laws of the Unit ed States.

Mr. Lloyd L. Beatty, Jr.
Shore Bancshares, Inc.
August  11, 2015
Page 2

 Please refer to Rules 460 and 461 regarding requests for  acceleration .  We will
consider a written request for acceleration of the effective date of the registration
statement as confirmation of the fact that those requesting acceleration are a ware of their
respective responsibilities under the Securities Act of 1933 and the Securities Exchange
Act of 1934 as they relate to the proposed public offering of the registered securities .

Please  contact Jonathan E. Gottlieb , Staff  Attorney,  at (202) 551 -3416 with an y
questions.

Sincerely,

/s/ Era Anagnosti

Era Anagnosti
Legal Branch Chief
        Office of Financial Services I

cc:  Kevin Houlihan , Esquire