GASTONIA, N.C.--(BUSINESS WIRE)--AB&T Financial Corporation (“AB&T” or the “Company”) (OTC Pink: ABTO), the parent company of Alliance Bank & Trust Company (the “Bank”), today reported the completion of the private placement of $7.8 million of common equity at a price of $0.40 per share to accredited investors. The Company intends to use the proceeds to bolster the capital position of the Bank. Also on May 29, 2015, AB&T completed a transaction with P. Byron DeFoor of Ooltewah,
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