Republic First Bancorp (FRBK) and Norcross Braca Group Ink $75 Million Capital Raise Deal

Key Summary: In 2022, the Norcross Braca Group raised concerns about Republic First Bancorp’s leadership and stock performance, proposing investments and board changes while filing complaints and demanding transparency. By 2023, they resumed their proxy fight, nominated new board candidates, and engaged in discussions for a $75 million capital raise to …