HF Financial Corp.(Nasdaq: HFFC) Shares Pricing of Common Stock Offering

HF Financial Corp. (Nasdaq: HFFC) recently shared  the pricing of an underwritten public offering of 2.5 million shares of its common stock at a public offering price of $8.00 per share, for gross proceeds of $20 million. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are approximately $17.939 million.

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HF Financial Corp., based in Sioux Falls, SD, is the parent company for financial service companies, including Home Federal Bank, Mid America Capital Services, Inc., dba Mid America Leasing Company, Hometown Investment Services, Inc. and HF Financial Group, Inc. As of September 30, 2009, the Company had total assets of $1.2 billion and stockholders' equity of $70.5 million. HF Financial Corporation is the largest publicly traded savings association headquartered in South Dakota, with 33 offices in 19 communities, which includes a location in Marshall, Minnesota.

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