New Issue: Hanmi Financial to sell $11.02 million of stock via a private placement

By Devika Patel

Knoxville, Tenn., June 15 - Hanmi Financial Corp. arranged an $11.02 million private placement of stock on June 12, according to an 8-K filed Monday with the Securities and Exchange Commission.

The company will sell a total of 8,040,882 common shares at $1.37 apiece to Leading Investment & Securities Co., Ltd., with 5,046,118 shares sold initially and the remaining 2,994,764 shares sold in a later tranche.

The initial tranche is expected to settle on July 31.

Based in Los Angeles, Hanmi Financial is the holding company for Hanmi Bank, a state-chartered bank.

Issuer:	Hanmi Financial Corp.
Issue:	Common stock
Amount:	$11,016,008.34
Shares:	8,040,882
Price:	$1.37
Warrants:	No
Investor:	Leading Investment & Securities Co., Ltd.
Pricing date:	June 12
Settlement date:	July 31 (for 6,913,181.66)
Stock symbol:	Nasdaq: HAFC
Stock price:	$1.48 at close June 12
Market capitalization:	$76.2 million

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