Fulton Financial closes $287.5M common stock offering to fund Republic First Bank acquisition

FULTON FINANCIAL CORP

Offered 19,166,667 shares at $15/share; gross proceeds $287.5M; net ~$273.5M after underwriting discounts.
Underwriters exercised option to purchase 2.5M additional shares; joint book-running by Piper Sandler and BofA Securities.
Proceeds intended to support acquisition of Republic First Bank (Republic Bank) from FDIC, announced previously.
Directors and certain executives subject to 60-day lock-up on sales of company securities.
Shares issued under effective Form S-3 registration statement; final prospectus supplement filed with SEC.

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