Texas-based Guaranty Bancshares files mixed shelf

Addison, Texas-based Guaranty Bancshares Inc. filed a shelf registration statement for the potential sale of up to $150 million of various securities from time to time.

The filing covers the sale of common stock, preferred stock, warrants, subscription rights, debt securities, depositary shares, purchase contracts, purchase units and units.

The company expects to use the net proceeds from the sale of securities for general corporate purposes, which may include maintaining consolidated capital to support its growth, contributing capital to its unit Guaranty Bank & Trust NA, financing acquisitions of financial institutions or refinancing, reducing or repaying debt.