Republic first announces $125 million equity capital raise to support execution of strategic plan to drive profitability and enhance shareholder value

Philadelphia--(business wire)--republic first bancorp, inc. (nasdaq: frbk) (the “company” or “republic first”), the holding company for republic first bank d/b/a republic bank, today announced it has entered into a definitive agreement with certain accredited investors for a private placement of equity securities of the company (the “capital raise”) in the aggregate amount of $125 million at a purchase price of $2.25 per share of common stock equivalent securities.
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