Republic First Bancorp announced that, as anticipated, on August 11, 2023, The Nasdaq Stock Market notified the Company that because the Company’s Form 10-Q for the three months ended June 30, 2023 was not timely filed with the Securities and Exchange Commission, the Company did not satisfy Nasdaq Listing Rule 5250(c)(1) and that the Nasdaq Hearings Panelwould consider the additional deficiency in its deliberations regarding the Company’s continued listing. The Company intends to present its plan to file the Form 10-Q with the SEC and thereby evidence full compliance with the Filing Requirement for the Panel’s review.
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