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Wednesday, June 14, 2023

Equity Corporate Actions Alert #2023 - 349
(UPDATED: Merger closing) Information Regarding the Merger of HV Bancorp, Inc. (HVBC)

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  • Industry Announcement

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At a special meeting held on February 15, 2023, the shareholders of HV Bancorp, Inc. (HVBC) approved a merger with Citizens Financial Services Inc. (CZFS). The merger will automatically become effective at 4:30 p.m. ET on June 16, 2023. The details are as follows:

Company/Issue: HV Bancorp, Inc. Common Stock
CUSIP#: 40441H105
Symbol: HVBC
Last Trading Date: June 16, 2023
Marketplace Effective Date for Suspension: June 20, 2023
Merger Consideration: There was an election for either $30.50 or 0.404 shares of CZFS per share held. Non-electing shareholders will receive 0.4040 shares of CZFS per share held.

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