Alpine Banks of Colorado announces exchange offer

GLENWOOD SPRINGS, Colo., Dec. 02, 2025 (GLOBE NEWSWIRE) -- Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank, announced today that its board of directors has approved an offer to exchange up to 800,000 shares of Class A common stock (“Class A Shares”) for newly issued Class B common stock (“Class B Shares”) on a one-for-one basis. If the exchange offer is oversubscribed, the Company intends to exchange Class A Shares from all tendering shareholders on a ...