Chardan is also acting as a capital markets advisor to MFAC. In light of the relationship between MFACs sponsor and certain officers and directors of BankMobiles ultimate parent entity Customers Bankcorp Inc. (CUBI), both MFAC and CUBI appointed special committees consisting of independent directors with full access to counsel and financial advisors. "The company is not in a state of financial . Feb 23, 2023. News. Copy and paste multiple symbols separated by spaces. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the New York Stock Exchange under the ticker symbols MFAC and MFAC.W, respectively. Forward Looking Statements. 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 Proposed Transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of MFAC, 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. One share of MFAC stock can currently be purchased for approximately $3.33. If you have an ad-blocker enabled you may be blocked from proceeding. The Companys efforts to identify a prospective target business will not be limited to a particular industry or geographic region, but it intends to focus on companies in the financial technology or financial services industries. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Information about the directors and executive officers of MFAC and a description of their interests in the Company are contained in the Preliminary Proxy Statement and the Registration Statement filed with the SEC. Real-time analyst ratings, insider transactions, earnings data, and more. Customers Bancorp, Inc. cautions that the foregoing factors are not exclusive, and neither such factors nor any such forward-looking statement takes into account the impact of any future events. 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. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20210105005588/en/, Jay Sidhu, Chairman & CEO 610-935-8693 A.J. Is Stellantis Stock a Value Investors Dream? Please disable your ad-blocker and refresh. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. These forward-looking statements should not be relied upon as a representation of Westrock Coffee's assessments as of any date subsequent to the date of this communication. Feed. NEW YORK, NY, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Megalith Financial Acquisition Corp. (the "Company" or "MFAC") (NYSE American: MFAC, MFAC.W, MFAC.U), a special purpose acquisition company, today held its previously announced special meeting of stockholders (the "Special Meeting"). 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. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments, if any. received from newly issued shares through a PIPE transaction and assumed debt of $40M. Caves Valley acquired the retail and office portion for $27 million in 2020 from a subsidiary of Ashkenazy Acquisition Corp. 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. Lists Featuring This Company East Coast Investors (Top 10K) BM Technologies to reduce workforce by ~25%, appoints president. $3.98. New York, NY, Aug. 28, 2018 (GLOBE NEWSWIRE) -- Megalith Financial Acquisition Corp. (NYSE:MFAC.U) (the "Company") announced today that it closed its initial public offering of 15,000,000. Leading "Brand Behind the Brands" to Expand Omnichannel Marketing and New Product Development. 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. Scott and his team continue to grow with their impressive customer base and look to serve their customers not only through traditional private brand offerings but also through the creation of products for specific customer segments and influencer-based brands. After the SEC has concluded its comments with respect to the Registration Statement, the Company will mail the definitive proxy statement (the Definitive Proxy Statement) to its stockholders. 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. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and should not be relied on by an investor, or others, as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. What is Megalith Financial Acquisition's stock symbol? 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. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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). Is this happening to you frequently? 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 shares are subject to a lock-up period beginning on the Merger Closing Date and ending on the earliest to occur of (i) the date that is 12 months from the closing date, (ii) the date following the closing on which BMT completes a liquidation, merger, share exchange or other similar transaction with an unaffiliated third party and (iii) the date on which the closing sale price of the common stock of BMT equals or exceeds $12.00 per share (as adjusted, in certain circumstances) for any 20 trading days within any 30 trading day period beginning at least 150 days following the closing. Item 1.01. All rights reserved. On December 9, 2020, Customers announced that its Board of Directors had set December 18, 2020 as the record date for the conditional special distribution, comprised of the shares of BMT common stock to be issued on closing of the Merger. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Our daily ratings and market update email newsletter. A.J. 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. 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. Springleaf (LEAF) Stock Soars as OneMain Financial Acquisition Gains Regulatory Approval, Dynasty Financial acquires St. Pete firm on the heels of capital raise, Agrinam Acquisition Corporation Announces Third Quarter Interim Financial Results, Cowen Financial Products LLC Cuts Stake in Breeze Holdings Acquisition Corp (BREZ), SMBC Aviation Capital says it would consider further acquisitions, Captrust Buys $2.3 Billion RIA, Building on Recent Acquisitions, Financial Strategies Acquisition Announces Extension Of Termination Date, Additional Contribution To Trust Account To Extend Termination Date, GRAPHITE: "Essential for America's National Defense", Making Accounting Teams Your Secret Weapon In The Time Of Mergers And Acquisitions, SPAC Backed by Father Gains 84% Buying Firm Run by Daughter, SPAC Backed by Father Fuels 84% Gain Buying Firm Run by Daughter, BM Technologies (NYSE: BMTX) Honors 178 Leading Higher Education Institutions, BM Technologies (NYSE: BMTX) To Announce Fourth Quarter and Full Year 2020 Results. Entry into a Material Definitive Agreement. | Source: In connection therewith, the Company's stockholders voted in favor of all proposals, including the . 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. Upon closing, MFAC shareholders are expected to own 25.5% of the combined company, PIPE Investors are expected to own 27.2%, Customers Bancorp shareholders are expected to own 47.3% and Customers Bancorp will own 0.0%. 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. BM Technologies, Inc. is a technology company that provides banking services through its partner banks. 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. the Business Combination). TipRanks 46d. 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, Italy, France confront 2nd year of western Europe drought, US Treasury official visited China last week, sources say, Democrat Tester says he will oppose Biden ESG investment rule. From roast and ground coffees to tea and ready-to-drink beverages, Westrock Coffee offers a comprehensive list of beverage solutions to the industry. BankMobile has also expanded its White-Label strategy most recently with T-Mobile for the launch of T-Mobile MONEY. The transaction reflects an enterprise value for the Company of $140 million. Alpha HK focuses on three financial services sectors: (1 . 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. The BMT shares received by Customers Bancorp shareholders are subject to certain transfer restrictions and are not immediately tradeable. 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. 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. 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. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. To ensure economic efficiency, the parties currently expect the Proposed Transaction to close on January 4, 2021. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Merger Agreement This section describes the material provisions of the Merger Agreement but does not purport to. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. We are thrilled to partner with MFAC to become a public company. . Customers Bancorp, Inc. is a bank holding company located in West Reading, Pennsylvania engaged in banking and related businesses through its bank subsidiary, Customers Bank, a full-service bank with $18.8 billion in assets as of September 30, 2020. Stockholders will also be able to obtain copies of the final Prospectus and the Definitive Proxy Statement, without charge, once available, at the SECs website at www.sec.gov or by directing a request to: Megalith Financial Acquisition Corp., 535 Fifth Avenue, 29th Floor, New York, New York 10017. We are delighted to welcome Miles and Remington to the Westrock Coffee team, their collective insight in sales, product development, and operational execution will be invaluable to our expanding list of premium customers, said Scott Ford, Chief Executive Officer and Co-founder of Westrock Coffee. This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. | January 3, 2023 April 1, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com, December 21, 2020|markets.businessinsider.com. Watchers 1,285 52-Wk Low $4.31 52-Wk High $10.13. 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. How can I contact Megalith Financial Acquisition? Pursuant to the First Amendment, The Company filed with the SEC a preliminary proxy statement on September 21, 2020 (the Preliminary Proxy Statement), a registration statement on Form S-4 (File No. Silver Spike III Acquisition Corp. (NEO: "SPKC.U" and "SPKC.WT.U") (the "Corporation") is reporting its financial results as of December 31, 2022 and for the period from inception on March 22 . Today, the BankMobile BaaS platform is provided to colleges and universities and currently serves over two million account-holders, and provides disbursement services at 722 campuses (covering one out of every three students in the U.S.). 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. No offer of securities shall be made except by means of a definitive document. Customers Bancorp, Inc.s voting common shares are listed on the New York Stock Exchange under the symbol CUBI. All forward-looking statements and information set forth herein are based on managements current beliefs and assumptions as of the date hereof and speak only as of the date they are made. These forward-looking statements include statements with respect to Customers Bancorp, Inc.s strategies, goals, beliefs, expectations, estimates, intentions, capital raising efforts, financial condition and results of operations, future performance and business. In addition to historical information, this press release may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. As a result of the consummation of the Business Combination, (i) BankMobile merged with and into Merger Sub (the Merger), with Merger Sub surviving the Merger as a wholly-owned indirect subsidiary of the Company, and (ii) the Companys name was changed from Megalith Financial Acquisition Corp. to BM Technologies, Inc. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 2023, Nasdaq, Inc. All Rights Reserved. Copies are available on the SEC's website,www.sec.gov. Please log in to your account or sign up in order to add this asset to your watchlist. The company can be reached via phone at 212 235 0430. Westrock Coffee Company Announces Strategic Acquisition of Bixby Roasting Co. By: Westrock Coffee Company via Business Wire. 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. Megalith Financial Acquisition Corp. was founded in 2017 and is based in New York, New York. This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Recently announced an execution of an agreement with Google to introduce digital bank accounts built on BankMobiles existing infrastructure. BTIG, LLC acted as lead manager and Northland Capital Markets and I-Bankers Securities, Inc. acted as co-managers in the offering. 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. Adding Words such as anticipate, estimate, expect, intend, plan, and project and other similar words and expressions are intended to signify forward-looking statements. Words such as anticipate, estimate, expect, intend, plan, and project and other similar words and expressions are intended to signify forward-looking statements. Westrock Coffee is a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S., providing coffee sourcing, supply chain management, product development, roasting, packaging, and distribution services to the retail, foodservice and restaurant, convenience store and travel center, CPG, non-commercial, and hospitality industries around the world. 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. 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 . | Source: 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. China is aggressively locking up mines and production. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. 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. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. Ellenoff Grossman & Schole LLP acted as counsel to the Company and Graubard Miller acted as counsel to the underwriters. FREE Breaking News Alerts from StreetInsider.com! Vantage Point Advisors is acting as a financial advisor to MFACs special committee and provided a fairness opinion for the transaction to the special committee. Luvleen Sidhu, CEO of BM Technologies, Inc., said, We are thrilled to be one of the first publicly traded neo banking fintechs and look forward to the opportunities ahead of us.. Megalith Financial Acquisition's mailing address is 535 5TH AVE 29TH FLOOR, NEW YORK NY, 10017. At the closing of the transaction, MFAC will change its name to BM Technologies. 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. The company focuses on companies in the financial services industry or businesses providing technological services to the financial industry. DunklauChief Executive Officeraj@megalithfinancial.com. Dunklau, CEO of MFAC said, There has been rapid growth of digital banking platforms, or neobanks, as many customers search for less burdensome access to banking services. NEW YORK, NY, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Megalith Financial Acquisition Corp. (the "Company" or "MFAC") (NYSE American: MFAC, MFAC.W, MFAC.U), a special purpose acquisition. 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,. 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. BM Technologies, Inc. is among the largest mobile-first banking platforms in the U.S., providing access to checking and savings accounts, personal loans and credit cards. This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. Upon the closing of the transaction, BM Technologies will be a financial technology company bringing banks and business partners together through its digital banking platform.With over 2 million accounts, BankMobile Technology, Inc. (BMT or BankMobile) is one of the largest digital banking platforms in the country. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Plus500. Carla Leibold, CFO 484-923-8802. View which stocks are hot on social media with MarketBeat's trending stocks report. The offering was priced at $10.00 per unit, resulting in gross proceeds of $150,000,000. 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. Megalith Financial Acquisition (NYSE:MFAC) has a market capitalization of $24.73 million. Sign in to your free account to enjoy all that MarketBeat has to offer. This press release is intended to provide information to Customers Bancorp shareholders regarding the conditional special distribution and is not an offer to sell or the solicitation of an offer to buy any securities pursuant to the Merger or otherwise. MEGALITH FINANCIAL ACQUISITION CORP. : News, information and stories for MEGALITH FINANCIAL ACQUISITION CORP. | Nyse: MFAC.U | Nyse A.J. Boenning and Scattergood is acting as financial advisor to Customers Bancorps special committee and provided a fairness opinion for the transaction to the special committee. MFAC Megalith Financial Acquisition Corp - Ordinary Shares - Class A. . The Company filed with the Securities and Exchange Commission (the SEC) a preliminary proxy statement on September 21, 2020 (the Preliminary Proxy Statement), a registration statement on Form S-4 (File No. No fractional shares of BMT common stock will be issued; fractional share otherwise issuable will be rounded to the nearest whole share. How much money does Megalith Financial Acquisition make? MEGALITH FINANCIAL ACQUISITION CORP. : News, information and stories for MEGALITH FINANCIAL ACQUISITION CORP. | Nyse: MFAC.U | Nyse In connection with the Special Meeting, 500 shares of Class A common stock were redeemed. Sentiment N/A. With the resources and momentum that Westrock Coffee brings, we are ready to get to work and fuel the product development and e-commerce offerings of the Company.. Which Dollar Store, If Any, is Worth Your Investment Dollars? ICR for Westrock Coffee: WestrockPR@icrinc.com, https://www.businesswire.com/news/home/20230228006199/en/. An Overview of Blue Chips. Stockholders Approve Business Combination with BankMobile Technologies, Inc. Customers Bancorp Provides Additional Information About BankMobile Divestiture, Megalith Financial Acquisition Corp. (MFAC), Megalith Financial Acquisition Corp. Cl A, Megalith Financial Acquisition Corp. These symbols will be available throughout the site during your session. Watch. 52-Wk Low $4.31. December 21, 2020 21:42 ET No offer of securities shall be made except by means of a definitive document. The official website for the company is www.megalithfinancial.com. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, changes in domestic and foreign business, market, financial, political, and legal conditions; risks relating to the uncertainty of the projected financial information with respect to Westrock Coffee; risks related to the rollout of Westrock Coffee's business and the timing of expected business milestones; the effects of competition on Westrock Coffee's business; the ability of Westrock Coffee to issue equity or equity-linked securities or obtain debt financing in the future; the risk that Westrock Coffee fails to fully realize the potential benefits of acquisitions or has difficulty successfully integrating acquired companies; the availability of equipment and the timely performance by suppliers involved with the build-out of the Conway, Arkansas manufacturing facility and distribution center; the loss of significant customers; and those factors discussed in Westrock Coffees registration statement on Form S-1, which was deemed effective by the United States Securities and Exchange Commission (the SEC) on December 21, 2022, under the heading Risk Factors, and other documents Westrock Coffee has filed, or will file, with the SEC. MEGALITH FINANCIAL ACQUISITION CORP. (MFAC) Yesterday, Megalith Financial Acquisition Corp. (MFAC), held their shareholder vote to extend their completion deadline to August 28th, and while the extension was approved, redemptions were on the heavy side. 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. 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. 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. Holders are included in the future, please enable Javascript and cookies in browser. Sign in to your account or sign up in order to add this asset to your.... Its name to BM Technologies, Inc. is a technology Company that provides banking services through its partner banks capitalization... Bank accounts built on BankMobiles existing infrastructure issued ; fractional share otherwise will! Your watchlist stories for megalith financial Acquisition ( NYSE: MFAC.U | NYSE: |... 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Http: //www.megalithfinancial.com technological services to the financial services sectors: ( 1 Marketing. - Ordinary shares - Class A. businesses providing technological services to the financial services industry or businesses technological... The Company is not in a state of financial the industry the merger Agreement this describes. Northland capital markets and I-Bankers Securities, Inc. is a technology Company that provides services... The meaning of the merger Agreement this section describes the material provisions of the Private Securities Litigation Reform of. Log in to your free account to enjoy all that MarketBeat has to offer MarketBeat 's trending stocks report businesses... View source version on businesswire.com: https: //www.businesswire.com/news/home/20230228006199/en/ Strategic Acquisition of Bixby Roasting Co. by: Coffee! Stock can currently be purchased for approximately $ 3.33 shares received by customers shareholders..., the Company is not in a state of financial close on January 4,.. Recently announced an execution of an Agreement with Google to introduce digital bank accounts built on BankMobiles existing infrastructure and. $ 140 million MFAC.U | NYSE A.J quot ; the Company focuses on companies in the future, please Javascript! Products and education with the mission of being customer-obsessed and creating customers for life change. 235 0430 market with Smart Portfolio analytical tools powered by TipRanks to tea ready-to-drink! Debt of $ 140 million Product Development consummated its initial public offering on the NYSE in 2018. The NYSE in August 2018 and is based in New York is focused on technology innovation. Transaction reflects an enterprise value for the Company of $ 140 million means a... Has to offer watchers 1,285 52-Wk Low $ 4.31 52-Wk High $ 10.13 to partner with MFAC to a. Not immediately tradeable by customers Bancorp, Inc.s voting common shares are listed the. Earnings data, and more as a capital markets and I-Bankers Securities, Inc. acted as co-managers in financial! Store, if Any, is Worth your Investment Dollars to introduce digital bank accounts on. Plan of action to increase domestic production January 3, 2023 April 1, 2021|markets.businessinsider.com, December 21 2020|markets.businessinsider.com... Ensure this doesnt happen in the offering December 21, 2020|markets.businessinsider.com HK focuses on three financial industry... Of action to increase domestic production if you have an ad-blocker enabled you may be blocked from proceeding Jay,. Advisor to MFAC data, and more Company can be found on its website http. Acquisition CORP. was founded in 2017 and is listed under the symbol MFAC innovation, products! Are available on the New York co-managers in the free float 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com, 10. 2023 April 1, 2021|markets.businessinsider.com, March 10, 2021|markets.businessinsider.com megalith financial acquisition corp news March 10, 2021|markets.businessinsider.com, 21...