ELKTON, Md. - Greenville attorneys Ben Barnhill, Troy Varrasse, and paralegal Mary Campbell recently closed a $10 million stock offering representing Cecil Bancorp, a Maryland state-chartered community bank. Cecil Bancorp announced the completion of the successful capital raise through the sale of its voting and non-voting common stock. 

The company plans to use the net proceeds of this $10 million capital raise to provide more capital to support growth opportunities as well as build franchising value. Nelson Mullins served as Cecil Bancorp's legal counsel for the stock offering and Piper Sandler served as financial advisor. 

View Benzinga press release here. 

Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 800 attorneys and government relations professionals with offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.