secwatch.observer — SEC 8-K summary
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Issuer:     CHOICEONE FINANCIAL SERVICES INC (COFS)
CIK:        0000803164
Form:       8-K
Filed at:   2024-07-26T23:59:59+00:00
Accession:  0001140361-24-034331
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ChoiceOne closes $34.5M common stock offering; funds merger with Fentura
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- Sold 1.38M shares at $25.00 each, including full exercise of 180,000-share over-allotment.
- Gross proceeds of ~$34.5M; net proceeds of ~$32.4M after underwriting discounts.
- Net proceeds to be used for general corporate purposes, including regulatory capital and pending merger with Fentura Financial, Inc.
- D.A. Davidson & Co. acted as sole book-running manager; shares trade on NASDAQ under COFS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/803164/000114036124034331/0001140361-24-034331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/803164/000114036124034331/ny20032521x6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-034331

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