MIDDLETOWN, Md., Oct. 3, 2022 /PRNewswire/ -- Community Heritage Financial, Inc. (the "Company") (OTC PK: CMHF), the parent company of Middletown Valley Bank (the "Bank"), today announced the closing of its underwritten public offering of 600,000 shares of common stock at a public offering price of $21.00 per share. The offering resulted in gross proceeds to the Company of approximately $12.6 million. The net proceeds to the Company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $11.4 million.
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