Commonwealth Business Bank (CWBB) Investors Tiburon Opportunity Fund, Spence Limited and Blue Pine LP believe Shares Are Worth $19 and Urge Board to Engage in Strategic Discussions with Hanmi Financia

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Commonwealth Business Bank (CWBB) Investors Tiburon Opportunity Fund, Spence Limited and Blue Pine LP believe Shares Are Worth $19 and Urge Board to Engage in Strategic Discussions with Hanmi Financial (HAFC) and Hope Bancorp (HOPE)

PR Newswire

LOS ANGELES, Sept. 7, 2016 /PRNewswire/ -- Beneficial owners of over 5% of the outstanding shares of Commonwealth Business Bank (OTCQB: CWBB) issued a letter to the board of directors urging them to explore strategic options with potential buyers. A copy of the letter can be found here: https://s3.amazonaws.com/bimtof-com/Commonwealth_letter+2.pdf

These investors encourage supportive shareholders to contact them with their support.

Thank you,

John Spence, Spence Limited, LP and Hope Willard Lundt, CFA,
Managing Partner, Spence Limited, LP
tel.  (615) 383-2654

Peter Bortel, Tiburon Opportunity Fund LP
tel.  (253) 858-7866

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/commonwealth-business-bank-cwbb-investors-tiburon-opportunity-fund-spence-limited-and-blue-pine-lp-believe-shares-are-worth-19-and-urge-board-to-engage-in-strategic-discussions-with-hanmi-financial-hafc-and-hope-bancorp-hop-300323860.html

SOURCE Tiburon Opportunity Fund LP

Copyright CNW Group 2016

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