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Eagle Financial announces common stock offering, no amount given

Eagle Financial (EFSI) Services announced that it has launched an underwritten public offering of shares of its common stock. In connection with the offering, the company’s common stock has been approved for listing on the Nasdaq Capital Market under the symbol “EFSI.” The company intends to use the net proceeds from this offering for general corporate purposes, which may include balance sheet restructuring through the repositioning of its available-for-sale debt securities portfolio, and to support its capital ratios and our continued growth. Keefe, Bruyette & Woods, A Stifel Company is serving as the sole bookrunner for the offering, and D.A. Davidson & Co. is acting as the lead manager.

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