[HERITAGE COMMERCE CORP
LETTERHEAD]
November 10, 2010
Securities
and Exchange Commission
Division of Corporation Finance
100 F. Street, N.E.
Washington, D.C. 20549
Re: Heritage
Commerce Corp
Registration Statement on Form S-1
SEC File No.: 333-170094
Dear Sir or Madam:
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended, Heritage Commerce Corp (the Company) hereby requests that the Securities and Exchange Commission consent to the withdrawal of the Companys Registration Statement on Form S-1 (Registration No. 333-170094), filed on October 22, 2010 together with all exhibits thereto (the Registration Statement). The Company is requesting withdrawal of the Registration Statement on Form S-1 because it has determined that based on the recent trading price of its common stock, a rights offering at $3.75 could not successfully be completed by December 21, 2010 as described in the Registration Statement. No securities were sold pursuant to the Registration Statement.
Should you have any questions regarding the withdrawal, please contact the Companys legal counsel, Mark Bonenfant of Buchalter Nemer, a Professional Corporation, at (213) 891-5020.
Thank you for your assistance in this matter.
|
Sincerely, |
|
|
|
Heritage Commerce Corp |
|
|
|
/s/ Lawrence McGovern |
|
Lawrence McGovern |
|
Executive Vice President and |
|
Chief Financial Officer |