First Community (FCCO) on Wednesday filed a registration statement with the US Securities and Exchange Commission for the potential sale of up to $75 million of securities from time to time in one or more offerings.
The filing covers common stock, preferred stock, debt securities, warrants, depositary shares, subscription rights, stock purchase contracts, stock purchase units and units.
The company plans to use the net proceeds for general corporate purposes, including investments, advances to the bank unit, working capital, stock buybacks, debt repayment, capital expenditures and possible acquisitions.
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