Hanmi Financial’s pending purchase of SWNB Bancorp is in limbo after SWNB was unable to secure enough shareholder votes to approve its sale.
While a majority of SWNB’s outstanding shares voted for the deal, the $5.4 billion-asset Hanmi disclosed in a
The companies are “assessing their options … and will make further disclosure at such time as further determinations have been made,” the filing said.
The $411 million-asset SWNB had already
Hanmi, which