New Issue: Hanmi sells $6.95 million tranche of stock in private placement

By Devika Patel

Knoxville, Tenn., Sept. 8 - Hanmi Financial Corp. settled the first tranche of an $11.02 million private placement of stock on Sept. 4, raising $6.95 million, according to an 8-K filed Tuesday with the Securities and Exchange Commission. The deal priced June 12.

The company is selling a total of 8,040,882 common shares at $1.37 apiece to Leading Investment & Securities Co., Ltd., with 5,070,423 shares sold in this tranche.

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
Shares:	8,040,882
Price:	$1.37
Warrants:	No
Investor:	Leading Investment & Securities Co., Ltd
Pricing date:	June 12
Settlement date:	Sept. 4 (for $6,946,480)
Stock symbol:	Nasdaq: HAFC
Stock price:	$1.48 at close June 12
Market capitalization:	$70.1 million

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