This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPEB0E0CQ_M.jpg
The postponement comes a month after the company saw its shares getting delisted from the Nasdaq after failing to file its 2022 annual report with the securities regulator.
A regulatory filing in late August by the Norcross-Braca group, led by activist investor George Norcross, said that Republic First was in talks with the group for an equity investment and a broader capital raise.
The Philadelphia-based regional lender has had a rough year, cutting jobs and exiting its mortgage origination business over higher costs and an inability to improve profitability.
