Colony Bankcorp, Inc.

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COLONY BANKCORP MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF COLONY BANKCORP, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – CBAN

April 23, 2021.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Colony Bankcorp, Inc. (NASDAQ: CBAN) and SouthCrest Financial Group, Inc. is fair to Colony Bankcorp shareholders. SouthCrest shareholders are expected to receive Colony Bankcorp stock in connection with the merger.

The investigation concerns whether Colony Bankcorp and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Colony Bankcorp shareholders; and (2) disclose all material information necessary for Colony Bankcorp shareholders to adequately assess and value the merger consideration.

Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

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