Delmarva Bancshares, Inc. Announces $11 Million Private Stock Offering
Delmarva Bancshares, Inc., (the “Company” or “Delmarva”) the bank holding company for the National Bank of Cambridge (the “Bank”), announced today that institutional investors have agreed to purchase $11 million of the Company’s common and preferred stock in a private placement. The Company plans to contribute most of this new capital to the Bank so it can sell the majority CONTINUE READING >>