Brief: Community First Bancshares, Inc. Announces Adoption Of Plan Of Conversion For Second-Step Stock Offering

Affinity Bancshares

09/09/2020 14:14

Sept 9 (Reuters) - Community First Bancshares Inc
(COVINGTON)  CFBI.O :
    * COMMUNITY FIRST BANCSHARES, INC. ANNOUNCES ADOPTION OF
PLAN OF
CONVERSION FOR SECOND-STEP STOCK OFFERING
    * COMMUNITY FIRST BANCSHARES INC (COVINGTON) - WILL
REORGANIZE
INTO A NEW FULLY PUBLIC STOCK HOLDING COMPANY STRUCTURE
    * COMMUNITY FIRST BANCSHARES INC (COVINGTON) - AS PART OF
CONVERSION WILL CONDUCT A SECOND-STEP STOCK OFFERING OF NEW
SHARES OF COMMON STOCK
    * COMMUNITY FIRST BANCSHARES INC (COVINGTON) - BANK, WHICH
WILL
CHANGE ITS NAME TO AFFINITY BANK
    * COMMUNITY FIRST BANCSHARES INC (COVINGTON) - WILL BECOME A
WHOLLY OWNED SUBSIDIARY OF A NEW HOLDING COMPANY, WHICH WILL BE
NAMED AFFINITY BANCSHARES, INC.

Source text for Eikon:  ID:nBw1czf63a 
Further company coverage:  CFBI.O 

 ((Reuters.Briefs@thomsonreuters.com;))