Republic first bancorp, inc. receives anticipated nasdaq notice of delisting; plans to appeal determination

Philadelphia , oct. 5, 2022 /prnewswire/ -- republic first bancorp, inc. (nasdaq: frbk) (the "company"), the holding company for republic first bank d/b/a republic bank, announced that on september 29, 2022, the company was notified by the listing qualifications department (the "staff") of the nasdaq stock market llc ("nasdaq") that, based upon the company's continued non-compliance with the filing requirement set forth in nasdaq listing rule 5250(c)(1), the company's securities were subject to delisting unless the company requests a hearing before the nasdaq hearings panel (the "panel"). the company intends to request a hearing, which will stay any further action by the staff, and to request a further stay of any suspension action by the panel pending the ultimate conclusion of the hearing process.
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