Hanmi Exploring Strategic Options
January 09 2013 - 5:56PM
Hanmi Financial Corporation (Nasdaq:HAFC) ("Hanmi"), the holding
company for Hanmi Bank, today announced that it has retained
DelMorgan & Co. as its financial advisor, and that Hanmi has
been engaged and intends to continue to engage in substantive
discussions with certain strategic banks and bank holding companies
regarding a possible business combination, merger-of-equals or sale
transaction. No definitive terms or agreement have been reached at
this time and there can be no assurance that any definitive terms
will be agreed to or that any definitive agreement will be entered
into.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING
INFORMATION
This document contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are typically identified by words or
phrases such as "may," "will," "anticipate," "estimate," "expect,"
"project," "intend," "plan," "believe," "target," "forecast," and
other words and terms of similar meaning. Forward-looking
statements involve estimates, expectations, projections, goals,
forecasts, assumptions, risks and uncertainties. Hanmi Financial
Corporation cautions readers that any forward-looking statement is
not a guarantee of future performance and that actual results could
differ materially from those contained in the forward-looking
statement. Such forward-looking statements include, but are not
limited to, statements about the outcome of discussions with any
strategic bank or bank holding company regarding a possible
business combination, merger-of-equals or sale transaction; whether
any definitive terms will be agreed to or that any definitive
agreement will be entered into; and other statements that are not
historical facts. Important factors that could cause actual results
to differ materially from those indicated by such forward-looking
statements include risks and uncertainties relating to: disruption
from the announcement of discussions making it more difficult to
maintain relationships with customers, employees or suppliers; the
diversion of management time on such discussions; general worldwide
economic conditions and related uncertainties; and other factors we
discuss or refer to in the "Risk Factors" section of our most
recent Annual Report on Form 10-K filed with the Securities and
Exchange Commission ("SEC"). Additional risks and uncertainties are
identified and discussed in Hanmi Financial Corporation's reports
filed with the SEC and available at the SEC's website at
www.sec.gov. Each forward-looking statement speaks only as of the
date of the particular statement and Hanmi Financial Corporation
does not undertake any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events or otherwise.
About Hanmi Financial Corporation
Headquartered in Los Angeles, Hanmi Bank, a wholly-owned
subsidiary of Hanmi Financial Corporation, provides services to the
multi-ethnic communities of California, with 27 full-service
offices in Los Angeles, Orange, San Bernardino, San Francisco,
Santa Clara and San Diego counties, and a loan production office in
Washington State. Hanmi Bank specializes in commercial, SBA
and trade finance lending, and is a recognized community
leader. Hanmi Bank's mission is to provide a full range of
quality products and premier services to its customers and to
maximize stockholder value. Additional information is
available at www.hanmi.com.
CONTACT: Hanmi Financial Corporation
David Yang
Vice President & Corporate Strategy Officer
(213) 637-4798
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