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Cecil Bancorp, Inc. Announces $30.0M Common Stock Recapitalization

Published June 30, 2017

Elkton, MD-based Cecil Bancorp, Inc. announces $30.0 million capital raise in recapitalization of Cecil Bank.  Cecil Bancorp files bankruptcy petition to carry out the restructuring and enable Cecil Bank to meet regulatory requirements and build balance sheet

Hovde Group, LLC acted as Sole Placement Agent in the Offering.


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