other material
confidence high
sentiment neutral
materiality 0.60
RBB Bancorp mutually terminates agreement to acquire Gateway Bank, effective Sep 28, 2023
RBB Bancorp
- RBB and Gateway Bank terminated the December 2021 definitive acquisition agreement as of September 28, 2023.
- No penalties or liabilities incurred by either party from the termination.
- Both parties released each other from all claims related to the agreement.