Provided By PR Newswire
Last update: Jul 14, 2025
LEXINGTON, S.C. and SANDY SPRINGS, Ga., July 14, 2025 /PRNewswire/ -- First Community Corporation (NASDAQ: FCCO) ("First Community" or "FCCO"), the holding company of First Community Bank, and Signature Bank of Georgia (OTCPK: SGBG) ("Signature" or "SGBG") jointly announced today the signing of a definitive merger agreement, under which First Community has agreed to acquire Signature in an all-stock transaction with a total current value of approximately $41.6 million, based on First Community's closing price of $24.84 per share as of July 11, 2025. The transaction value at the time of the merger may change due to changes in the price of First Community stock.
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