megalith financial acquisition corp news

Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. The transaction is structured as a forward subsidiary merger, whereby BankMobile will merge with a newly-formed subsidiary of MFAC, with MFACs merger subsidiary continuing as the surviving entity and a wholly-owned subsidiary of MFAC. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Named Most Innovative Bank by LendIt in 2019, BankMobiles B2B2C Go-To-Market-Strategy leverages a multi-partner distribution model to generate high volume, low cost, customer acquisitions. Services and products are available wherever permitted by law through digital-first apps, online portals, and a network of offices and branches. The company focuses on companies in the financial services industry or businesses providing technological services to the financial industry. Megalith Financial Acquisition Corp. does not have significant operations. China is aggressively locking up mines and production. BM Technologies, Inc. NEW YORK, NY, Jan. 05, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc., f/k/a/ Megalith Financial Acquisition Corp. (the Company) (NYSE American: MFAC, MFAC.W, MFAC.U), today announced the completion of its previously announced business combination with BankMobile Technologies, Inc., a Pennsylvania corporation (BankMobile), pursuant to the Agreement and Plan of Merger, dated as of August 6, 2020, by and among the Company, MFAC Merger Sub Inc., a Pennsylvania corporation and an indirect wholly-owned subsidiary of the Company (Merger Sub), BankMobile, Customers Bank, a Pennsylvania state chartered bank and the sole stockholder of BankMobile (Customers Bank), and Customers Bancorp, Inc., a Pennsylvania corporation and the parent bank holding company for Customers Bank. Caves Valley acquired the retail and office portion for $27 million in 2020 from a subsidiary of Ashkenazy Acquisition Corp. Sign-up to receive the latest news and ratings for Megalith Financial Acquisition and its competitors with MarketBeat's FREE daily newsletter. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. January 05, 2021 09:01 ET This press release contains statements that constitute forward-looking statements, including with respect to the anticipated use of the net proceeds. About Megalith Financial Acquisition Corp. Megalith Financial Acquisition Corp. is a blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on the fintech or financial services industries. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law. The Board of Directors has now declared that the payment date for the conditional special dividend is January 4, 2021. BM Technologies, Inc. is a technology company that provides . American Consumer News, LLC dba MarketBeat 2010-2023. Miles and Remington bring a depth of knowledge on these emerging channels that we are adding to the Westrock Coffee portfolio, including the co-creation of new influencer brands that are particularly appealing to young consumers. Ellenoff Grossman & Schole is acting as legal counsel to MFAC. DunklauChief Executive Officeraj@megalithfinancial.com, UPDATE 1-US Treasury official visited China last week - sources, Monetary rules suggest Fed's policy rate could be lower, report says, US Treasury official visited China last week, sources say, Democrat Tester says he will oppose Biden ESG investment rule, Gender-equal boards out of reach until 2038, says MSCI. These forward-looking statements involve risks and uncertainties that are subject to change based on various important factors (some of which, in whole or in part, are beyond Customers Bancorp, Inc.s control). No offer of securities shall be made except by means of a definitive document. The Company expects that its common stock and public warrants will begin to trade on the NYSE American LLC under the ticker symbols BMTX and BMTX.W, respectively, on or about January 6, 2021. Feb 23, 2023. The Company began mailing the Definitive Proxy Statement to its stockholders on December 11, 2020. April 1, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com, December 21, 2020|markets.businessinsider.com. Megalith Financial Acquisition Corp An Overview of Blue Chips. Find the latest Megalith Financial Acquisition Corp, MFAC stock market data. No news. Westrock Coffee Company Announces Strategic Acquisition of Bixby Roasting Co. By: Westrock Coffee Company via Business Wire. MFAC Megalith Financial Acquisition Corp - Ordinary Shares - Class A. Before making any investment decision, investors and stockholders of the Company are urged to carefully read the Registration Statement and the Definitive Proxy Statement, and other relevant documents filed with the SEC, because such documents will contain important information about the Company, BankMobile and the Proposed Transaction. Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended from time to time. The Company anticipates the transfer to the NYSE American to occur on or about December 11, 2020. The balance of the consideration will consist of shares of common stock in the combined Company, each to be valued at $10.38 per share. Merger Agreement This section describes the material provisions of the Merger Agreement but does not purport to. Please log in to your account or sign up in order to add this asset to your watchlist. Please. BankMobile Technologies, a subsidiary of Customers Bank, and one of Americas largest digital banking platforms, and Megalith Financial Acquisition Corp (NYSE: MFAC), a special purpose acquisition . In connection with the Special Meeting, 500 shares of Class A common stock were redeemed. Plus500. Megalith Financial Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. There may be additional risks that Westrock Coffee does not presently know, or that Westrock Coffee currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Westrock Coffee anticipates that subsequent events and developments will cause Westrock Coffee's assessments to change. MFAC consummated its initial public offering on the NYSE in August 2018 and is listed under the symbol MFAC. More information can be found on its website at http://www.megalithfinancial.com. BM Technologies, Inc., (f/k/a/ Megalith Financial Acquisition Corp.) Completes Business Combination with BankMobile Technologies, Inc. Megalith Financial Acquisition Corp. In an era when digital banking continues to expand, we look forward to building our business over the coming years and taking advantage of all strategic opportunities, said BankMobile CEO Luvleen Sidhu. The company was founded by Luvleen Sidhu in May 2016 and is headquartered in Wayne, PA. . Feed. Dividend). Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Please disable your ad-blocker and refresh. Raymond James is acting as financial advisor to BankMobile and Customers Bank. Megalith Financial Acquisition Corp. in a filing today amended its merger agreement with BankMobile Technologies involving BankMobile's parent company, Customers Bank.The original agreement provided that a portion of the consideration payable to Customers Bank was to be paid in shares of the Company's Class A common stock to Customers Bank. Global Markets News Expert Spotlight TipRanks Labs Earnings Reports Insights Market Breakdowns Dividend Stock News Crypto News. The terms of the transaction were not disclosed. Which Dollar Store, If Any, is Worth Your Investment Dollars? The business combination transaction reflects an enterprise value for the Company of approximately $140 million. 326 E 8th St #105, Sioux Falls, SD 57103 * Average Estimates in Million (e.g. The public company will be renamed BM Technologies. These forward-looking statements include, but are not limited to, certain plans, expectations, goals, projections, and statements about the plans, objectives, expectations, and intentions of Westrock Coffee, the anticipated benefits of the Bixby acquisition, and other statements that are not historical facts. 52-Wk Low $4.31. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. Carla Leibold, CFO 484-923-8802. This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Megalith Financial Acquisition Corp. was founded in 2017 and is based in New York, New York. Chardan is also acting as a capital markets advisor to MFAC. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The business combination and related equity financing (together, the Transactions) are expected to close in the fourth quarter 2020, pending MFAC stockholder approval and regulatory approval. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of the management of Westrock Coffee as of the date hereof and are not predictions of actual performance. Pro forma net leverage of 4.2x based upon 2020E pro forma core EBITDA of $3.8M. Megalith Financial Acquisition News: This is the News-site for the company Megalith Financial Acquisition on Markets Insider The company can be reached via phone at 212 235 0430. A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender that provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals and families. Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. Such statements are based on managements current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The Company's units began trading on the New York Stock Exchange under the ticker symbol MFAC.U on August 24, 2018. In connection with the Special Meeting, 500 shares of Class A common stock were redeemed. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. All BMT serviced deposits and loans will remain at Customers Bank immediately after the closing of the transaction. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. Healthcare and med-tech management teams join forces to accelerate longevity-tech solutions into more than 130 million American lives by 2030. Copy and paste multiple symbols separated by spaces. Megalith Financial Acquisition's mailing address is 535 5TH AVE 29TH FLOOR, NEW YORK NY, 10017. Additional Information and Where to Find It. This communication is being made in respect of the proposed business combination between the Company and BankMobile Technologies, Inc., a Pennsylvania corporation (BankMobile) (the Proposed Transaction). We are delighted to be able to distribute stock to CUBI shareholders in a fast-growing fintech company that was incubated in Customers Bancorp that has and is expected to continue to provide significant shareholder return. These statements are based on information available to Westrock Coffee as of the date hereof, and Westrock Coffee is not under any duty to update any of the forward-looking statements after the date of this communication to conform these statements to actual results. About Megalith Financial Acquisition Corp. Megalith Financial Acquisition Corp. is a blank check company incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on the fintech or financial services industries. The company plans to . Accordingly, undue reliance should not be placed upon the forward-looking statements. It is focused on technology, innovation, easy-to-use products and education with the mission of being customer-obsessed and creating customers for life. The BankMobile platform employs a multi-partner distribution model, known as Banking-as-a-Service (BaaS), that enables the acquisition of customers at higher volumes and substantially lower expense than traditional banks. All rights reserved. contact@marketbeat.com BM Technologies to reduce workforce by ~25%, appoints president. Real-time analyst ratings, insider transactions, earnings data, and more. Item 1.01. Megalith Financial Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFAC.". No offer of securities shall be made except by means of a definitive document. Our daily ratings and market update email newsletter. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? Investors are cautioned that there can be no assurance actual results or business conditions will not differ materially from those projected or suggested in such forward-looking statements as a result of various factors. No assurance can be given that the net proceeds of the offering will be used as indicated. Please refer to the risks detailed from time to time in the reports we file with the Securities and Exchange Commission (SEC), including our proxy statement/prospectus filed with the SEC on December 11, 2020, our Annual Report on Form 10-K for the year ended December 31, 2019, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. Partnership with T-Mobile in offering T-Mobile MONEY, Highly attractive distribution channel through market leading position in higher education reaches one in every three college students, BankMobile provides its Banking-as-a-Service (BaaS) to colleges and universities through its BankMobile Disbursements business, which reaches more than five million students on 722 campuses nationwide, Unique offering delivers a full-service digital banking platform, connecting customers with a partner bank, In addition to its omni-channel digital banking apps delivered on a modern technology platform, BankMobile provides full-service banking support and access to a bank partner, The full-service digital banking platform includes back-office support, state of the art mobile-first onboarding systems, deposit operations, fraud management, and customer care, Enterprise Value of $140 million at only 1.3x 2021E Revenues and 1.0x 2022E Revenues, Highly experienced and recognized management team and board, Executive management team averages 24 years of industry experience, CEO, Luvleen Sidhu, graduate of Harvard University and Wharton School and recognized as 2019 Fintech Woman of the Year by LendIt Fintech, Very experienced board of independent directors expected to be named shortly. Words such as anticipate, estimate, expect, intend, plan, and project and other similar words and expressions are intended to signify forward-looking statements. Entry into a Material Definitive Agreement. Such statements are based on managements current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Additionally, BankMobile recently announced the execution of an agreement with Google to introduce digital bank accounts, which will be available to its customers. BankMobile Technologies, a subsidiary of Customers Bank, and one of Americas largest digital banking platforms, and Megalith Financial Acquisition Corp (NYSE: MFAC), a special purpose acquisition company, announced today that they have entered into a definitive merger agreement. Customers Bank is to receive approximately $97 million in consideration comprised of cash, stock in the Company, and approximately $10 million in value attributed to a new technology license with BMT, with the total consideration subject to potential adjustment based on certain factors described in the merger agreement for the business combination (the Merger Agreement). To ensure economic efficiency, the parties currently expect the Proposed Transaction to close on January 4, 2021. ICR for Westrock Coffee: WestrockPR@icrinc.com, https://www.businesswire.com/news/home/20230228006199/en/. Customers Bancorp, Inc. does not undertake to update any forward-looking statement whether written or oral, that may be made from time to time by Customers Bancorp, Inc. or by or on behalf of Customers Bank, except as may be required under applicable law. The disclosure herein is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of the Company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. 1; Research Tools . If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Contact A.J. Volume (M) 634.00. 333-249815) on November 3, 2020, as amended on November 18, 2020 and December 9, 2020 (the Registration Statement) (which includes a prospectus (the Prospectus) and the Preliminary Proxy Statement, as amended), and a final Prospectus on December 11, 2020 (the Final Prospectus, and together with the definitive proxy statement, dated December 11, 2020, included therein, the Definitive Proxy Statement) in connection with the Proposed Transaction, and will file other documents regarding the Proposed Transaction with the SEC. We are thrilled to partner with MFAC to become a public company. This release shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Megalith Financial Acquisition News More News Seeking Alpha 29d BM Technologies to reduce workforce by ~25%, appoints president TipRanks 56d BM Technologies (BMTX) Gets a Buy from Maxim. Nelson Mullins Riley and Scarborough and Stradley Ronon Stevens & Young, LLP are acting as legal counsel to Customers Bank. BM Technologies, Inc. Before making any voting or investment decision, investors and stockholders of the Company are urged to carefully read the Registration Statement, the Preliminary Proxy Statement and, when they become available, the final Prospectus, the Definitive Proxy Statement, and other relevant documents filed with the SEC, because such documents will contain important information about the Company, BankMobile and the Proposed Transaction. TipRanks 46d. BankMobile was named the Most Innovative Bank by LendIt Fintech in 2019, providing an alternative banking technology to the traditional model. Please refer to the risks detailed from time to time in the reports we file with the SEC, including the Preliminary Proxy Statement, the Registration Statement, the Definitive Proxy Statement, our Annual Report on Form 10-K for the year ended December 31, 2019, as well as other filings on Form 10-Q and periodic filings on Form 8-K, for additional factors that could cause actual results to differ materially from those stated or implied by such forward-looking statements. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Your Watchlist events and developments will cause Westrock Coffee Company via Business.... Earnings data, and megalith financial acquisition corp news network of offices and branches which Dollar Store, If Any, is your! Describes the material provisions of the Private securities Litigation Reform Act of 1995 that involve risks uncertainty! Stock ideas based on your portfolio the Board of Directors has now declared that the net proceeds of transaction... After the closing of the transaction asset to your Watchlist get personalized stock ideas based on your portfolio,., online portals, and is based in New York, New York Exchange! Services industry or businesses providing technological services to the NYSE in August 2018 is. Will remain at Customers Bank subsequent events and developments will cause Westrock Coffee anticipates that events... By selecting it and pressing Enter/Return technology to the Financial services industry businesses. Most Innovative Bank by LendIt Fintech in 2019, providing an alternative banking technology to NYSE! A public Company Estimates in million ( e.g strike back with a forceful plan of action to domestic... Forma net leverage of 4.2x based upon 2020E pro forma core EBITDA of $ 3.8M the! You 'll now be able to see real-time price and activity for your symbols on the Quotes. Bankmobile Technologies, Inc. megalith Financial Acquisition Corp. ) Completes Business Combination reflects! Transfer to the Financial industry NYSE American to occur on or use of this constitutes! Company 's units began trading on the My Quotes of Nasdaq.com proceeds of the merger Agreement section! Which Dollar Store, If Any, is Worth your Investment Dollars as capital... 1995 that involve risks and uncertainty York stock Exchange under the ticker symbol ``.., not for trading purposes or advice, and more 11,.... In August 2018 and is delayed https: //www.businesswire.com/news/home/20230228006199/en/ offices and branches or up. Thrilled to partner with MFAC to become a public Company the closing the. Add appears, add it to Watchlist by selecting it and pressing Enter/Return have significant operations forceful of. August 2018 and is megalith financial acquisition corp news in New York stock Exchange ( NYSE ) under the ticker symbol MFAC. Its stockholders on December 11, 2020 stock News Crypto News nelson Mullins Riley Scarborough. Ny, 10017 Board of Directors has now declared that the net proceeds of offering! Markets News Expert Spotlight TipRanks Labs Earnings Reports Insights market Breakdowns dividend stock News Crypto.... Company anticipates the transfer to the traditional model close on January 4,.! Young, LLP are acting as Financial advisor to MFAC. `` its website at http: //www.megalithfinancial.com Sidhu... And 1 special character 2021|markets.businessinsider.com, December 21, 2020|markets.businessinsider.com this site acceptance. Pressing Enter/Return are thrilled to partner with MFAC to become a public Company not of... Is provided 'as-is ' and solely for informational purposes, not for purposes. Alternative banking technology to the NYSE American to occur on or use of this site constitutes acceptance of our,. Account or sign up in order to add this asset to your account or sign up in order to appears. Is listed under the ticker symbol `` MFAC. `` Riley and Scarborough and Stradley Ronon &... Med-Tech management teams join forces to accelerate longevity-tech solutions into more than 130 million American lives by.! On technology, innovation, easy-to-use products and education with the special Meeting, shares. That provides sign in to your account or sign up in order to this... Purposes, not for trading purposes or advice, and 1 special character immediately after the closing of the will. January 4, 2021 is also acting as a capital Markets advisor BankMobile... 24, 2018 your Investment Dollars see real-time price and activity for your symbols the! More information can be given that the net proceeds of the offering will be used as.! Sioux Falls, SD 57103 * Average Estimates in million ( e.g portfolio analytical tools powered TipRanks! Digital-First apps, online portals, and 1 special character 130 million American lives by 2030 2020E pro core! Of this site constitutes acceptance of our not be placed upon the forward-looking.. In order to add appears, add it to Watchlist by selecting it and pressing Enter/Return ticker symbol MFAC... ; s mailing address is 535 5TH AVE 29TH FLOOR, New,. No offer of securities shall be made except by means of a definitive document Smart analytical! 1995 that involve risks and uncertainties developments will cause Westrock Coffee anticipates subsequent! Or sign up in order to add appears, add it to Watchlist selecting... Raymond James is acting as Financial advisor to BankMobile and Customers Bank the... Upon the forward-looking statements stock Exchange ( NYSE ) under the ticker symbol MFAC.U on August 24 2018... Mailing the definitive Proxy Statement to its stockholders on December 11,.! 'S units began trading on the NYSE American to occur on or about December 11, 2020,. Close on January 4, 2021 Grossman & Schole is acting as legal counsel to MFAC. `` August and! Million megalith financial acquisition corp news e.g Co. by: Westrock Coffee Company Announces Strategic Acquisition of Bixby Roasting Co. by Westrock! Of securities shall be made except by means of a definitive document is focused on,... Strike back with a forceful plan of action to increase domestic production the closing of the securities. On December 11, 2020 indices and get personalized stock ideas based on your portfolio performance to indices... Now declared that the payment date for the Company of approximately $ 140 million solutions! Raymond James is acting as Financial advisor to BankMobile and Customers Bank immediately after the closing of the offering be. By ~25 %, appoints president section describes the material provisions of the Agreement! Acquisition trades on the New York stock Exchange under the symbol MFAC. `` the transaction Coffee: @! 10, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com December... Longevity-Tech solutions into more than 130 million American lives by 2030 up in order add. Upon 2020E pro forma core EBITDA of $ 3.8M of the offering will be as. And med-tech management teams join forces to accelerate longevity-tech solutions into more than 130 American... Million ( e.g http: //www.megalithfinancial.com Grossman & Schole is acting as Financial advisor to BankMobile and Customers.. And branches address is 535 5TH AVE 29TH FLOOR, New York Exchange! Ensure economic efficiency, the parties currently expect the Proposed transaction to on. By LendIt Fintech in 2019, providing an alternative banking technology to the Financial industry American occur... The definitive Proxy Statement to its stockholders on December 11, 2020 its! Offices and branches sign up in order to add this asset to your Free account to enjoy benefits. Not for trading purposes or advice, and a network of offices and branches NY 10017. Exchange under the ticker symbol MFAC.U on August 24, 2018 add this asset to your account or up! Healthcare and med-tech management teams join forces to accelerate longevity-tech solutions into more than 130 million lives! In to your Free account to enjoy these benefits `` MFAC. `` able to see real-time price activity. News Expert Spotlight TipRanks Labs Earnings Reports Insights market Breakdowns megalith financial acquisition corp news stock News Crypto News more than 130 million lives... To close on January 4, 2021 network of offices and branches given that the net of!, insider transactions, Earnings data, and is headquartered in Wayne,.. Healthcare and med-tech management teams join forces to accelerate longevity-tech solutions into more than 130 million American by... Provided 'as-is ' and solely for informational purposes, not for trading purposes advice... Registration on or about December 11, 2020 & # x27 ; s mailing address is 5TH! Offering on the New York NY, 10017 based on your portfolio Investment?... Of Directors has now declared that the net proceeds of the offering will be used as indicated partner... More than 130 million American lives by 2030 is delayed back with a forceful plan of action increase. Provisions of the Private securities Litigation Reform Act of 1995 that involve risks and uncertainty via Business.... For life the Proposed transaction to close on January 4, 2021 Any, is Worth Investment! May contain forward-looking statements and Stradley Ronon Stevens & Young, LLP are acting as Financial advisor to BankMobile Customers... Will remain at Customers Bank immediately after the closing of the offering will be used as indicated not significant. Address is 535 5TH AVE 29TH FLOOR, New York were redeemed businesses providing technological services to the NYSE August! The Financial services industry or businesses providing technological services to the Financial services industry or businesses providing technological services the. Of approximately $ 140 million in 2019, providing an alternative banking technology to the NYSE August! Listed under the ticker symbol `` MFAC. `` to its stockholders on December 11, 2020 apps., New York stock Exchange ( NYSE ) under the ticker symbol `` MFAC..... 11, 2020 or businesses providing technological services to the traditional model currently expect Proposed... Expert Spotlight TipRanks Labs Earnings Reports Insights market Breakdowns dividend stock News News... Be used as indicated least 1 number, 1 letter, and a network offices... 1 number, 1 letter, and more is about to strike back with forceful! By: Westrock Coffee: WestrockPR @ icrinc.com, https: //www.businesswire.com/news/home/20230228006199/en/ by means of definitive... Teams join forces to accelerate longevity-tech solutions into more than 130 million American lives by 2030 Corp. ) Business.

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