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Southern First Bancshares files shelf registration for up to $50M in securities

Greenville, S.C.-based Southern First Bancshares Inc. filed a shelf registration for the potential sale of up to $50 million of its securities from time to time.

The securities include debt securities, preferred stock, depositary shares, common stock, purchase contracts, units, warrants and rights.

Net proceeds will be used for general corporate purposes, including repayment of debt, capital expenditures, potential acquisitions and investments.

The company is the parent of Southern First Bank.