| Venture Financial Group Inc., the parent company for Venture Bank, announced that officials there have filed papers with the Securities and Exchange Commission to publicly offer shares of its common stock. The application will be made to list the common stock on the NASDAQ Global Market under the symbol “VNBK.” Venture Financial Group anticipates offering these shares of common stock during the fourth quarter of 2007.
The exact terms of the offering, which will be made only by a final prospectus, have not yet been disclosed. Keefe, Bruyette & Woods and D.A. Davidson & Co. will act as underwriters for the offering. The number of shares to be included in the proposed offering and the expected price range of the shares were not included in the filing and will be determined at a later date by Venture Financial Group and its underwriters.
This registration statement has not yet become effective, and securities will not be sold nor can offers to buy be accepted until the company’s registration statement becomes effective. This announcement, said company officials, does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
When available, copies of a written prospectus for the offering will be available at the syndicate desk of Keefe, Bruyette & Woods Inc., by contacting them at the following address and telephone number: 787 Seventh Avenue, 4th Floor, New York, New York 10019; (212) 887-8968. |
