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FIRST COMMUNITY CORP /SC/ Capital/Financing Update 2012

Nov 5, 2012

33631_rns_2012-11-05_31c1dd05-15c7-4423-b202-855f82c8ce00.zip

Capital/Financing Update

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8-K 1 a12-26225_18k.htm 8-K

*UNITED STATES*

*SECURITIES AND EXCHANGE COMMISSION*

*WASHINGTON, DC 20549*

*FORM 8-K*

*CURRENT REPORT PURSUANT*

*TO SECTION 13 OR 15(D) OF THE*

*SECURITIES EXCHANGE ACT OF 1934*

Date of Report (Date of earliest event reported): November 1, 2012

*First Community Corporation*

(Exact Name of Registrant As Specified in Its Charter)

*South Carolina*

(State or Other Jurisdiction of Incorporation)

000-28344 57-1010751
(Commission File Number) (I.R.S. Employer Identification No.)

*5455 Sunset Blvd, Lexington, South Carolina 29072*

(Address of Principal Executive Offices) (Zip Code)

*(803) 951-2265*

(Registrant’s Telephone Number, Including Area Code)

*Not Applicable*

(Former Name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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*ITEM 8.01. Other Events.*

On November 1, 2012, First Community Corporation closed on the repurchase of the warrants to purchase common stock issued to the United States Department of the Treasury (“the Treasury”) in connection with the company’s participation in the Treasury’s Capital Purchase Program / Troubled Asset Relief Program (CPP/TARP). The total repurchase price for the warrants was $297,500, representing warrants to purchase 195,915 shares of common stock at a price of $1.51 per warrant.

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*SIGNATURES*

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FIRST COMMUNITY CORPORATION
By: /s/ Michael C. Crapps
Name: Michael C. Crapps
Title: Chief Executive Officer

Dated: November 5, 2012

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