Exhibit 99.8
FORM OF
LETTER TO CLIENTS
HANMI
FINANCIAL CORPORATION
Up to
50,000,000 Shares of Common Stock To Be Issued Upon the
Exercise of Subscription Rights
June 11,
2010
To Our Clients:
Enclosed for your consideration are the prospectus supplement,
dated June 11, 2010 (the Prospectus) and the
Instructions for Use of Hanmi Financial Corporation Subscription
Rights Certificates relating to the offering (the Rights
Offering) by Hanmi Financial Corporation (the
Company) of shares of its common stock, par value
(Common Stock), which will be issued in connection
with the exercise of non-transferable subscription rights (the
Subscription Rights), which are being distributed to
all holders of record of Common Stock as of 5:00 p.m.,
New York time, on June 7, 2010 (the Record
Date). The Subscription Rights and the Rights Offering are
described in the Prospectus.
In the Rights Offering, the Company is offering up to an
aggregate of 50,000,000 shares of Common Stock to be issued
in connection with the exercise of the Subscription Rights,
which is described further in the Prospectus. The Subscription
Rights will expire, if not exercised earlier, at 5:00 p.m.,
New York time, on July 6, 2010, unless the Company elects
in its sole discretion to extend the period of the Rights
Offering beyond this date (as such date may be extended, the
Expiration Date).
As described in the Prospectus, you will receive one
Subscription Right for each share of Common Stock you owned on
the Record Date. Subscription rights may only be exercised in
whole numbers. Each whole Subscription Right will allow you to
subscribe to purchase one share of Common Stock (the Basic
Subscription Privilege) at a subscription price of $1.20
per share. For example, if you owned 1,000 shares of Common
Stock on the Record Date, you would receive 1,000 Subscription
Rights and would have the right to purchase 1,000 shares of
Common Stock for $1.20 per share pursuant to your Basic
Subscription Privilege.
In addition, if you exercise your Basic Subscription Privilege
in full, you will be eligible to subscribe to purchase
additional shares of Common Stock, subject to the conditions and
limitations described further in the Prospectus (the
Over-Subscription Privilege). The Company will
not accept any over-subscription requests for less than
10,000 shares of Common Stock, except from its
non-executive officers and employees, from whom the Company will
accept over-subscription requests for 1,000 or more shares of
Common Stock. The Company offers no assurances that any
subscription requests that you may submit pursuant to the
Over-Subscription Privilege will be fulfilled in whole or in
part.
You will be required to submit payment in full for all of the
shares of Common Stock you wish to buy under your Basic
Subscription Privilege and pursuant to the Over-Subscription
Privilege. Any excess subscription payments that you may pay
to the Subscription Agent in the Rights Offering will be
returned, without interest or penalty, to you by the
Subscription Agent as soon as practicable following the
consummation of the Rights Offering, which will not take place
until the earlier of when the Company has received total
subscriptions in the rights offering and the best efforts public
offering (described further in the Prospectus) of at least
$105,000,000 in the aggregate, or the closing of the transaction
with Woori (described further in the Prospectus) (the
Escrow Release Date), or such earlier time as the
Company may cancel the rights offering in its sole and absolute
discretion. If the Escrow Release Date has not occurred on or
prior to November 15, 2010, the Company will cancel the
rights offering and the Subscription Agent will return the
subscription payments received in the rights offering, without
interest or penalty.
The Subscription Rights are evidenced by subscription rights
certificates registered in the names of the record holders of
the shares of Common Stock for which the Subscription Rights are
being distributed. Subscription Rights are non-transferable,
meaning that they may not be sold, transferred, or assigned by
the holder of the Subscription Rights to any other party.
THE ENCLOSED MATERIALS ARE BEING FORWARDED TO YOU AS THE
BENEFICIAL OWNER OF SHARES OF COMMON STOCK WHICH ARE
CARRIED BY US IN YOUR ACCOUNT
BUT ARE NOT REGISTERED IN YOUR NAME. EXERCISES OF THE
SUBSCRIPTION RIGHTS DISTRIBUTED WITH RESPECT TO THESE
SHARES MAY BE MADE ONLY BY US AS THE RECORD OWNER AND
PURSUANT TO YOUR INSTRUCTIONS.
We are hereby requesting that you instruct us as to whether you
wish us to elect to subscribe for any shares of Common Stock to
which you are entitled pursuant to the terms of the Rights
Offering and subject to the conditions set forth in the
Prospectus. We urge you to read the Prospectus and other
enclosed materials carefully and in their entirety before
instructing us on whether to exercise your Subscription Rights.
Your instructions to us, together with any required payment,
should be forwarded as promptly as possible in order to permit
us to exercise the Subscription Rights on your behalf in
accordance with the provisions of the Rights Offering. The
Rights Offering will expire at 5:00 p.m., New York time, on
the Expiration Date. Once you have exercised any of your
Subscription Rights, such exercise may not be canceled, revoked
or otherwise amended.
If you wish to have us, on your behalf, exercise the
Subscription Rights for any shares of Common Stock to which you
are entitled, please so instruct us by timely completing,
executing, and returning to us the enclosed Beneficial Owner
Election Form with any required payment.
With respect to any instructions to exercise (or not to
exercise) Subscription Rights, the enclosed Beneficial Ownership
Election Form must be completed and returned, together with any
required payment, such that it will be actually received by us
by 5:00 p.m., New York time, on July 2, 2010, the last
business day prior to the scheduled Expiration Date of the
Rights Offering.
Additional copies of the enclosed materials may be obtained from
Georgeson, which is acting as the Companys information
agent in the Rights Offering. Banks and brokers should call
(212)440-9800 and stockholders should call
(800) 509-0983.
You may also contact Computershare Inc., if you have any
questions on the Rights Offering or require any assistance in
exercising your Subscription Rights.
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