Hometown Bank Announces Common Stock Offering
October 7, 2021
Beth Manges, President and CEO of Hometown Bank of Pennsylvania, has announced that the bank is undertaking a common stock offering starting Oct. 1, 2021, to further support the bank’s continuing growth.
The bank is conducting an offering of up to approximately $5 million of common stock with the right to increase the offering amount up to approximately $7.5 million, in its sole discretion, in the event that demand for the shares exceeds $5 million, with a price of $36.00 per share.
Until Oct. 31, 2021, current shareholders will have an exclusive right to subscribe for shares in the offe...