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Monday, January 9, 2023

Equity Corporate Actions Alert #2023 - 22
(UPDATED: Merger effective) Information Regarding the Merger of Professional Holding Corp. (PFHD)

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  • Industry Announcement

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At a special meeting held on December 15, 2022, the shareholders of Professional Holding Corp. (PFHD) approved a merger with Seacoast Banking Corporation of Florida (SBCF). The merger will become effective at 05:01 PM ET on January 31, 2023. The suspension details are as follows:

Company Name/Issue: Professional Holding Corp. Class A Common Stock
CUSIP#: 743139107
Symbol: PFHD
Last Trading Date: January 31, 2023
Marketplace Effective Date for Suspension: February 1, 2023
Merger Consideration: .8909 of a share of Seacoast Banking Corporation of Florida (SBCF) for each share held.

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