The completion of the second-step conversion and stock offering is subject to, among other things, selling a minimum of 6,120,000 shares in the stock offering, the receipt of all necessary final regulatory approvals and the receipt of the approvals of the members of Heritage MHC and the shareholders of Heritage Financial Group.Forward Looking Statements – This release may contain certain “forward looking statements” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” and “potential.” Examples of forward looking statements include, but are not limited to, estimates with respect to the financial condition, results of operations and business of Heritage Financial Group, Inc., Heritage Financial Group and HeritageBank of the South that are subject to various factors which could cause actual results to differ materially from these estimates. These factors include, but are not limited to, general economic and market conditions, legislative and regulatory conditions, changes in interest rates that affect Heritage Bank’s interest rate spread, changes in deposit flows, loan demand or real estate values and other economic, governmental, competitive, regulatory and technological factors that may affect the operations of Heritage Financial Group, Inc., Heritage Financial Group and HeritageBank of the South.
Heritage Financial Group, Inc. Commences Syndicated Offering And Increases Purchase Limitations
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