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January 25, 2019News

Lane Powell Represents Pacific West Bank in $27.2M Capital Offering

Client Conversations

Lane Powell represented Pacific West Bank in its successful completion of a primary capital offering for the issuance and sale of approximately 1,943,000 shares of common stock for estimated gross proceeds of $27.2 million. The proceeds will be used for general corporate purposes, including a previously announced growth strategy within Portland, Oregon.

Pacific West Bank offers a broad range of business and personal banking services to closely held businesses and nonprofit organizations located through the Portland, Oregon MSA. The stock trades on the OTCBB marketplace under the symbol PWBO.

Before proceeding, please note:  If you are not a current client of Lane Powell PC, please do not include any information in this email that you or someone else considers to be confidential or secret in nature.  Prior to the establishment of a lawyer-client relationship, unsolicited emails from non-clients containing confidential or secret information cannot be protected from disclosure.

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