Brief: Republic First Bancorp Says George Norcross, Other Purchasers Chose To Terminate Securities Purchase Agreement

Republic First Bancorp

29/02/2024 12:35

Feb 29 (Reuters) - Republic First Bancorp Inc  FRBK.PK :
    * REPUBLIC FIRST BANCORP INC: GEORGE E. NORCROSS & OTHER
PURCHASERS ELECTED TO TERMINATE SECURITIES PURCHASE AGREEMENT
    * REPUBLIC FIRST BANCORP -  CONTINUED TO MAINTAIN BANK'S
ADEQUATELY CAPITALIZED POSITION, AND BELIEVE WE HAVE A STRONG
DEPOSIT BASE & AMPLE LIQUIDITY
    * REPUBLIC FIRST BANCORP: SECURITIES PURCHASE AGREEMENT
TERMINATED
AS DEALS CONTEMPLATED BY AGREEMENT WILL NOT BE CONSUMMATED BY
FEB 29

Source text for Eikon:  ID:n0001437749-24-005960 
Further company coverage:  FRBK.PK 

 ((Reuters.Briefs@thomsonreuters.com;))