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HERITAGE NOLA BANCORP, INC. ANNOUNCES UPDATED RANGE OF PER SHARE CONSIDERATION IN DISSOLUTION PAYMENT AND PAYMENT RECORD DATE

$HRGGPress releaseSep 14, 2026, 6:00 AM ETRead the release

Heritage NOLA Bancorp estimates shareholders will receive between $21.30 and $21.40 per share in cash in its dissolution, based on the company's financial condition at August 31, 2026. Stockholders of record as of the close of business on October 1, 2026 are eligible for the payment, expected on or about October 15, 2026; the stock is expected to be removed from the OTCID Basic Market after the record date, with no further trades processed and no advance notice of the removal. The company cautioned that the final per-share amount remains subject to significant variation from corporate taxes, cash levels, and dissolution costs, and investors should not assume it lands within the stated range.

Key figures

Exchange
OTCID Basic Market
Record date
October 1, 2026
Payment date
on or about October 15, 2026
Wind up duration
up to two years
Financial condition as of
August 31, 2026
Per share consideration low
21.3
Per share consideration high
21.4
Per share consideration range
$21.30-$21.40 in cash

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.