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Republic First Bancorp, Inc. - FRBK STOCK NEWS

Welcome to our dedicated news page for Republic First Bancorp (Ticker: FRBK), a resource for investors and traders seeking the latest updates and insights on Republic First Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Republic First Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Republic First Bancorp's position in the market.

Rhea-AI Summary
Republic First Bancorp, Inc. (OTCEM: FRBK) provided an updated timeline for the closing of a $35 million capital investment by the Norcross Braca Group. The investment has been extended to February 29, 2024, with a special meeting of stockholders scheduled for February 16, 2024. The Norcross Braca Group has deposited $35 million into an escrow account, awaiting closing conditions. The 2022 annual meeting has been postponed to align with the timing of the transaction close.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
59.76%
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Rhea-AI Summary
Republic First Bancorp, Inc. announces a $35 million investment by the Norcross Braca Group, leading to the reconstitution of the board and the appointment of Philip A. Norcross as Chair. The investment will strengthen the company's balance sheet and improve operations.
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Rhea-AI Summary
Norcross Braca Group to invest at least $35M as part of $75M capital raise, gaining membership on reconstituted board. Capital raise will strengthen Republic's financial position and improve operations. Positive for stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.76%
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none
Rhea-AI Summary
Republic Bank launches food drive initiative in collaboration with the Food Bank of South Jersey to address food insecurity in the community.
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partnership
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Rhea-AI Summary
Republic First Bancorp, Inc. announces that its common stock will no longer be listed on Nasdaq due to delayed financial filings. The stock will promptly begin trading on the OTC marketplace. The company's new management team is working to complete and file all delayed reports. They remain focused on implementing the strategic plan and may apply to list on a major exchange in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-55.71%
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Rhea-AI Summary
Republic First Bancorp, Inc. announced that it did not timely file its Form 10-Q for the three months ended June 30, 2023 with the SEC, resulting in a deficiency in meeting Nasdaq Listing Rule 5250(c)(1). The Nasdaq Hearings Panel will consider this deficiency in its review of the company's continued listing. The company plans to present its plan to file the Form 10-Q and demonstrate compliance with the Filing Requirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.16%
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Rhea-AI Sentiment
End-of-Day
-1.28%
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management
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Rhea-AI Summary
Republic First Bancorp, Inc. (NASDAQ: FRBK) announces the termination of a $125 million capital raise agreement due to challenging market conditions. The company also releases a detailed presentation outlining strategic initiatives and significant opportunities.
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Republic First Bancorp, Inc. announces a 3-year grant to Margate Terrace Senior Living Apartment Building in collaboration with Senior Secure. The grant aims to enhance the quality of life for low-to-moderate income seniors by expanding safety measures, social engagement activities, and health and wellness initiatives. Republic Bank is committed to supporting the well-being of the senior community.
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partnership
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
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Republic First Bancorp, Inc.

OTC:FRBK

FRBK Rankings

FRBK Stock Data

739.32k
51.62M
26.74%
1.09%
0.74%
Commercial Banking
Finance and Insurance
Link
United States
Philadelphia

About FRBK

republic bank is a commercial and retail bank with a distinct brand. our focus is on innovation, customer satisfaction, brand building, value for our shareholders, and a fantastic environment for our employees to enjoy. at republic bank, we offer our customers "big bank"​ benefits with a small town feel. we are one of the largest philadelphia based banks, making decisions locally, and quickly. we pride ourselves on our retail based model focused on convenience and fanatic customer service. we are different from the other banks, when we say "convenient"​ we really mean it. we offer premier conveniences that many other banks do not, such as: • open 7 days • absolutely free personal checking • free coin counting • atm/debit card on the spot • fee free atm* anywhere you see allpoint • bank anywhere, in-store, online, phone or mobile republic bank will continue to serve the needs of individuals, families, and businesses, as we will exceed our customers'​ expectations ... every customer, eve