Republic First Bancorp in preliminary talks with shareholders to raise capital

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Republic First Bancorp in preliminary talks with shareholders to raise capital
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Republic First Bancorp is in talks with a group led by activist investor George Norcross regarding an equity investment and a broader capital raise, according to a regulatory filing on Tuesday.

is in talks with a group led by activist investor George Norcross regarding an equity investment and a broader capital raise, according to a regulatory filing on Tuesday.

The company last week saw its shares getting delisted from the Nasdaq after it failed to file its annual report with the securities regulator for the fiscal year 2022. It now expects its common stock to begin trading on the over-the-counter marketplace.

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