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This document outlines the Form 8-K/A filing by OP Bancorp regarding their acquisition of the Small Business Administration (SBA) loan portfolio from Hana Small Business Lending, Inc. The report details the terms and conditions of the Asset Purchase Agreement signed on January 28, 2021, involving approximately $105 million in loans and an estimated purchase price of about $102 million.
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What is form 8-ka?
Form 8-K is a report filed by publicly traded companies in the United States to disclose significant events that shareholders should know about.
Who is required to file form 8-ka?
Publicly traded companies and entities registered under the Securities Exchange Act of 1934 are required to file Form 8-K.
How to fill out form 8-ka?
Form 8-K is filled out by providing the necessary information regarding the event being reported, along with relevant dates and descriptions in the designated fields on the form.
What is the purpose of form 8-ka?
The purpose of Form 8-K is to ensure that investors are informed about significant corporate events that may affect their investment decisions.
What information must be reported on form 8-ka?
Information that must be reported includes events such as mergers, acquisitions, director changes, bankruptcy, and other material events.
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