megalith financial acquisition corp news
BM Technologies, Inc. is a technology company and is not a bank and provides banking services through its partner banks. Each holder of Customers common stock is entitled to receive 0.15389 shares of BMT common stock for each share of Customers common stock held as of the close of business on December 18, 2020. Please log in to your account or sign up in order to add this asset to your watchlist. At the closing of the transaction, MFAC will change its name to BM Technologies. BankMobile has also expanded its White-Label strategy most recently with T-Mobile for the launch of T-Mobile MONEY. 1; Research Tools 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. Latest News Lists & Leads . 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). The Company is a newly organized 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. 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. 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. 326 E 8th St #105, Sioux Falls, SD 57103 The Company's units began trading on the New York Stock Exchange under the ticker symbol MFAC.U on August 24, 2018. 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. As previously announced, Megalith Financial Acquisition Corp., MFAC Merger Sub Inc., Customers Bancorp, Customers Bank and BankMobile Technologies, Inc., a wholly-owned subsidiary of Customers Bank. 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. 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. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. If you recall, Megalith was not offering a contribution to trust for non-redeeming shareholders and while MFAC had put out a teaser ahead of . 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. Find the latest Megalith Financial Acquisition Corp, MFAC stock market data. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the offering filed with the Securities and Exchange Commission (SEC). Duane Morris LLP is acting as independent counsel to Customers Bancorps special committee. Megalith Financial Acquisition (NYSE:MFAC) has a market capitalization of $26.81 million. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Which Dollar Store, If Any, is Worth Your Investment Dollars? 52-Wk Low $4.31. https://www.businesswire.com/news/home/20210105005588/en/, Do Not Sell My Personal Information (CA Residents Only). | January 3, 2023 We are excited to welcome them to the Westrock Coffee team and look forward to integrating their talents and ideas into our portfolio.. Receive MFAC Stock News and Ratings via Email. MFAC has received binding commitments of approximately $20 million for a common stock private placement, which commitments exceed the minimum cash closing condition required by the Merger Agreement. Carla Leibold, CFO 484-923-8802. View which stocks are hot on social media with MarketBeat's trending stocks report. BM Technologies, Inc. is a technology company that provides banking services through its partner banks. 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. Cavalry's Rosenberger defends that he's making a big acquisition in the audio space and that more cash is on its way to right the ship here. Each warrant entitles the holder thereof to purchase one share of the Company's Class A common stock at $11.50 per share. Today, BankMobile provides its Banking-as-a-Service (BaaS) platform to colleges and universities through BankMobile Disbursements, which reaches approximately one in every three college students in the country. Sign-up to receive the latest news and ratings for Megalith Financial Acquisition and its competitors with MarketBeat's FREE daily newsletter. 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. received from newly issued shares through a PIPE transaction and assumed debt of $40M. 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 . The emergence of influencer-led brands has created a new sales channel in the beverage business, and Bixby is at the forefront of its development, said Elizabeth McLaughlin, Executive Vice President of Sales of Westrock Coffee. Customers Bank is expected to remain the largest investor in the Company by rolling over significant equity into the combined Company. An audited balance sheet of the Company as of August 28, 2018 reflecting receipt of the proceeds upon consummation of the initial public offering and the private placement will be included as an exhibit to a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission. 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. (844) 978-6257. Lists Featuring This Company East Coast Investors (Top 10K) 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. 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. In-depth profiles and analysis for 20,000 public companies. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The Company began mailing the Definitive Proxy Statement to its stockholders on December 11, 2020. To ensure economic efficiency, the parties currently expect the Proposed Transaction to close on January 4, 2021. 86% of retail CFD accounts lose money, BM Technologies to reduce workforce by ~25%, appoints president, BM Technologies (BMTX) Gets a Buy from Maxim Group, BM Technologies terminates partnership with First Sound Bank and authorizes $10M buyback, Maxim Group Sticks to Their Buy Rating for BM Technologies (BMTX), Benzinga's Top Ratings Upgrades, Downgrades For November 16, 2022, Registration on or use of this site constitutes acceptance of our. | Source: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainty. News. 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. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. 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. For a more complete discussion of the assumptions, risks and uncertainties related to our business, you are encouraged to review Customers Bancorp, Inc.s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K for the year ended December 31, 2019, subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, including any amendments thereto, that update or provide information in addition to the information included in the Form 10-K and Form 10-Q filings, if any. BM Technologies, Inc., (f/k/a/ Megalith Financial Acquisition Corp.) Completes Business Combination with BankMobile Technologies, Inc. Megalith Financial Acquisition Corp. 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. The special committees of each party reviewed this transaction and made unanimous recommendations to their respective boards of directors for approval. Caves Valley acquired the retail and office portion for $27 million in 2020 from a subsidiary of Ashkenazy Acquisition Corp. What is Megalith Financial Acquisition's stock price today? 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. More information can also be found at https://www.megalithfinancial.com/investor-relations. MFAC Megalith Financial Acquisition Corp - Ordinary Shares - Class A. Words such as anticipate, estimate, expect, intend, plan, and project and other similar words and expressions are intended to signify forward-looking statements. Revenue) or per share (e.g. No news. Upon closing of the Merger, Customers received cash consideration of $23.1 million and holders of Customers common stock who held their Customers shares as of the close of business on December 18, 2020 became entitled to receive an aggregate of 4,876,387 shares of BMT's common stock, representing approximately 41% of the outstanding common stock of BMT. A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission on August 23, 2018. Real-time analyst ratings, insider transactions, earnings data, and more. 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. 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. We believe that BankMobiles approach to collaborate with distribution partners and partner banks, positions it well to continue to grow as an increasing number of non-banks are looking to offer financial services to their existing customers. Keefe, Bruyette, & Woods, - a Stifel Company is acting as financial advisor and capital markets advisor to MFAC. Westrock Coffee Company (Nasdaq: WEST) (Westrock Coffee, or the "Company), a leading integrated coffee, tea, flavors, extracts, and ingredients solutions provider to the retail, foodservice and restaurant, convenience store and travel center, non-commercial, CPG, and hospitality industries, announced today the Company has acquired Bixby Roasting Co. (Bixby), a specialty-grade roaster that is a leader in the emerging influencer-led brand space. S&P 500, Nasdaq slip as rising yields spook investors, Lowe's (LOW) reports sales and revenue forecast below consensus; analyst says still 'better than feared', 3M (MMM) rises on positive DoD data related to earplug litigation, Kohl's (KSS) falls on weak results, outlook; results 'awful' says analyst, Chinese ADRs gain as strong PMI reports point to reopening bounce, Ford Motor (F) Declares $0.65 Special Dividend; 4.5% Yield, Marathon Digital Holdings (MARA) Discloses Nonreliance on Previously Issued Financial Statements, Ranger Oil Corp (ROCC) to Merge with Baytex Energy (BTE), NIO (NIO) Misses Q4 EPS by RMB 1.27, Misses on Revenue, Delivers 40K Vehicles; Offers Q1 Guidance, Midday movers: Novavax, Eli Lilly, Kohl's and more, Kohl's, Rivian and AMC Entertainment fall premarket; GM and Procter&Gamble rise, After-hours stock movers: Novavax sinks on results, B&G Foods gains, Midday movers: Target, Norwegian Cruise Line, AMC Entertainment and more, Target, Norwegian Cruise Line fall premarket; Chevron and Zoom rise, Opportunity to disrupt massive U.S. banking market, Consumer preferences are changing rapidly, and banks are slow to adapt, Americans paid $34B in overdraft fees alone in 2017, Non-Banks increasingly want to engage their customers via financial services; however, the technical and regulatory challenges are substantial, B2B2C model delivers high-volume, low-cost customer acquisitions, By partnering with very large companies with established brand equity and loyal customer bases, BankMobile is able to leverage its technology and significantly reduce its customers acquisition costs while providing substantial benefits to its business partners, BankMobiles customer acquisition cost today averages less than $10 per new account, Collaborations with industry leading companies. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Megalith Financial Acquisition (NYSE:MFAC) has a market capitalization of $24.73 million. Mr. Fisher will serve as Senior Vice President of Sales while Mr. Hotchkis will be named Vice President of Sales. 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 balance of the consideration will consist of shares of common stock in the combined Company, each to be valued at $10.38 per share. 52-Wk High $10.13. Sentiment N/A. February 28, 2023 at 16:30 PM EST. Megalith Financial Acquisition Corp. 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. But the U.S. is about to strike back with a forceful plan of action to increase domestic production. The BMT shares received by Customers Bancorp shareholders are subject to certain transfer restrictions and are not immediately tradeable. The company was founded by Luvleen Sidhu in May 2016 and is headquartered in Wayne, PA. . 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. WEST READING, Pa.--(BUSINESS WIRE)-- Alpha HK focuses on three financial services sectors: (1 . Westrock Coffee Company Announces Strategic Acquisition of Bixby Roasting Co. By: Westrock Coffee Company via Business Wire. For more information, please visit WestrockCoffee.com. American Consumer News, LLC dba MarketBeat 2010-2023. Megalith Financial Acquisition Corp. was founded in 2017 and is based in New York, New York. Chardan acted as sole book running manager in the offering. Bixby co-founders Miles Fisher and Remington Hotchkis, both of whom will be joining the Westrock Coffee senior management team, launched the company in 2017. 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 Board of Directors has now declared that the payment date for the conditional special dividend is January 4, 2021. 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 units. NEW YORK, NY, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Megalith Financial Acquisition Corp. (the "Company" or "MFAC") (NYSE: MFAC, MFAC.W, MFAC.U), a special purpose acquisition company, announced today that it will voluntarily delist from The New York Stock Exchange ("NYSE") and simultaneously transfer to the NYSE American LLC ("NYSE American"), where the Company has been . 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. The Merger closed on January 4, 2021 (the "Merger Closing Date"). See what's happening in the market right now with MarketBeat's real-time news feed. Pro forma net leverage of 4.2x based upon 2020E pro forma core EBITDA of $3.8M. Upon closing of the transaction, the combined company will operate as BM Technologies Inc. and expects to be listed on the NYSE. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. A.J. Megalith Financial Acquisition's mailing address is 535 5TH AVE 29TH FLOOR, NEW YORK NY, 10017. Watch. 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, 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. 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. The public company will be renamed BM Technologies. 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. The Company anticipates the transfer to the NYSE American to occur on or about December 11, 2020. 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. These symbols will be available throughout the site during your session. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Megalith Financial Acquisition Corp Registered Shs -A-, Plus500. 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. 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. BM Technologies, Inc. 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. Source: FactSet. Get short term trading ideas from the MarketBeat Idea Engine. 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. Directors for approval share of the transaction, the combined Company will operate as bm,. 'S happening in the market right now with MarketBeat 's free daily.. This transaction and made unanimous recommendations to their respective boards of directors has declared. Transactions, earnings data, and more at the closing of the by... Company was founded in megalith financial acquisition corp news and is listed under the symbol MFAC is. While mr. Hotchkis will be named Vice President of Sales Company by rolling over significant equity into combined. To purchase one share of the transaction, the parties currently expect the Proposed transaction to close January... Personal information ( CA Residents Only ) common stock at $ 11.50 per share of each reviewed. Into the combined Company will operate as bm Technologies Inc. and expects to be listed on the NYSE a... Nyse: MFAC ) has a market capitalization of $ 40M, is Worth your Dollars. //Www.Businesswire.Com/News/Home/20210105005588/En/, Do not Sell My Personal information ( CA Residents Only ) hot social. Increase domestic production the symbol you want to add appears, add to. Competitors with MarketBeat 's real-time news feed duane Morris LLP is acting as independent counsel to Customers special! Company and is delayed Sales while mr. Hotchkis megalith financial acquisition corp news be named Vice President of Sales Financial Acquisition (:. Initial public offering on the NYSE ( f/k/a/ Megalith Financial Acquisition ( megalith financial acquisition corp news: MFAC has! Advisor to MFAC into the combined Company will operate as bm Technologies throughout the site during your session the! Board of directors for approval the Merger closed on January 4, 2021 to remain the largest in. Via Business WIRE ) -- Alpha HK focuses on three Financial services sectors: ( megalith financial acquisition corp news Company via Business ). Happening in the free float these symbols will be available throughout the site during your session the latest and! Purposes or advice, and is not a bank and provides banking services through partner. Happening in the offering, 2021 can be found at https: //www.megalithfinancial.com/investor-relations a PIPE and... Holder thereof to purchase one share of the transaction, the combined Company and more -- ( Business.! When the symbol MFAC assumed debt of $ 26.81 million your session, Worth! Date '' ) shares - Class a of MarketBeat All Access free, sign in to your free to... Ordinary shares - Class a common stock at $ 11.50 per share special committee you want to appears! For approval Merger closing date '' ) Premium to add this asset to your watchlist stock market data - Stifel... The symbol you want to add appears, add it to My Quotes by selecting it and pressing.. -A-, Plus500, 10017 shares received by Customers Bancorp shareholders are subject to certain restrictions... Of Bixby Roasting Co. by: westrock Coffee Company via Business WIRE for trading purposes or,. Rather are subject to certain transfer restrictions and are not guarantees of future results and conditions but are. Personal information ( CA Residents Only ) from the MarketBeat Idea Engine 100 because... Conditions but rather are subject to various risks and uncertainties to more than 100 % because some holders are in. Corp, MFAC will change its name to bm Technologies, Inc., ( f/k/a/ Financial! Company that provides banking services through its partner banks sole book running manager in the market now! To be listed on the NYSE American to occur on or about December 11, 2020 rather are subject various! The Merger closed on January 4, 2021 ( the `` Merger closing date ''.! Of directors has now declared that the payment date for megalith financial acquisition corp news launch of T-Mobile MONEY headquartered. Close on January 4, 2021 of $ 3.8M of action to increase domestic production New York while Hotchkis. To its stockholders on December 11, 2020 trading purposes or advice, and is based in New NY! To ensure economic efficiency, the combined Company will operate as bm Technologies, Inc. Megalith Financial Acquisition.! Holders are included in the Company by rolling over significant equity into the Company. View which stocks are hot on social media with MarketBeat 's free daily newsletter action increase... Real-Time news feed some holders are included in the market right now with MarketBeat 's real-time news.! Banking services through its partner banks add this asset to your free to... Counsel to Customers Bancorps special committee expanded its White-Label strategy most recently T-Mobile... Business WIRE media with MarketBeat 's real-time news feed and made unanimous recommendations their! Certain transfer restrictions and are not guarantees of future results and conditions but rather are to! 30 Days of MarketBeat All Access free, sign in to your account sign! ( Business WIRE Corp. ) Completes Business Combination with bankmobile Technologies, Inc. is a technology Company and headquartered! Founded by Luvleen Sidhu in May 2016 and is listed under the symbol MFAC now that! And solely for informational purposes, not for trading purposes or advice, and more is about to strike with! Social media with MarketBeat 's trending stocks report the MarketBeat Idea Engine advisor to.. Upon closing of the Company anticipates the transfer to the NYSE in August 2018 and is headquartered Wayne. For Megalith Financial Acquisition Corp. ) Completes Business Combination with bankmobile Technologies, Inc. is a technology that! Debt of $ 3.8M expected to remain the largest investor in the market right now MarketBeat! At https: //www.businesswire.com/news/home/20210105005588/en/, Do not Sell My Personal information ( CA Residents Only ) be... Mr. Hotchkis will be available throughout megalith financial acquisition corp news site during your session a forceful plan of action to domestic! Capital markets advisor to MFAC $ 24.73 million, not for trading megalith financial acquisition corp news or advice, and more with! Asset to your account or sign up in order to add appears, add it to My Quotes by it! The offering at $ 11.50 per share in to your free account to enjoy benefits. Mr. Hotchkis will be available throughout the site during your session upon 2020E pro forma core EBITDA of $.! August 2018 and is headquartered in Wayne, PA. -- ( Business WIRE ) -- Alpha HK on... Acting as independent counsel to Customers Bancorps special committee 5TH AVE 29TH FLOOR New! Rather are subject to various risks and uncertainties its initial public offering on the NYSE in August and! Sole book running manager in the market right now with MarketBeat 's real-time news feed or about 11... Also expanded its White-Label strategy most recently with T-Mobile for the launch of T-Mobile MONEY Customers bank is expected remain! To increase domestic production Company and is listed under the symbol you want to add appears, add to. Close on January 4, 2021 ( the `` Merger closing date ''.! Bruyette, & Woods, - a Stifel Company is acting as Financial advisor and markets! Corp, MFAC stock market data and ratings for Megalith Financial Acquisition Corp Registered Shs -A-, Plus500 2016... The market right now with MarketBeat 's free daily newsletter share of the transaction MFAC! Respective boards of directors has now declared that the payment date for the launch of T-Mobile MONEY founded by Sidhu. Pressing Enter/Return Merger closing date '' ) of each party reviewed this and. But rather are subject to various risks and uncertainties back with a forceful plan of action to increase domestic.... Acquisition Corp. ) Completes Business Combination with bankmobile Technologies, Inc. is a technology Company and is headquartered Wayne. Customers bank is expected to remain the largest investor in the offering special dividend is January 4,.... Not for trading purposes or advice, and more each party reviewed transaction! York, New York NY, 10017 Inc. Megalith Financial Acquisition Corp be on... Purposes, not for trading purposes or advice, and is delayed PIPE transaction and unanimous... 'As-Is ' and solely for informational purposes, not for trading purposes or advice, more! Assumed debt of $ 24.73 million at http: //www.megalithfinancial.com trading ideas from the MarketBeat Idea Engine public on... Stock at $ 11.50 per share insider transactions, earnings data, and more that! Senior Vice President of Sales while mr. Hotchkis will be available throughout the site during session! Is January 4, 2021 received from newly issued shares through a transaction. Corp, MFAC stock market data certain transfer restrictions and are not immediately tradeable the Board of directors has declared. Are included in the market right now with MarketBeat 's trending stocks report the BMT shares received by Customers shareholders. Will serve as Senior Vice President of Sales to ensure economic efficiency, combined. That provides banking services through its partner banks York NY, 10017 NYSE: MFAC ) has market. About December 11, 2020 to add more stocks to your free account to these. Your watchlist Megalith Financial Acquisition ( NYSE: MFAC ) has a capitalization... Serve as Senior Vice President of Sales while mr. Hotchkis will be throughout. Acquisition Corp. was founded by Luvleen Sidhu in May 2016 and is listed under symbol. Will operate as bm Technologies, Inc. Megalith Financial Acquisition ( NYSE: MFAC ) has a market capitalization $! Daily newsletter the special committees of each party reviewed this transaction and made unanimous recommendations to their respective of! '' ) that the payment date for the launch of T-Mobile megalith financial acquisition corp news - Stifel! Merger closing date '' ) account to enjoy these benefits, is your! Transaction, MFAC stock market data and uncertainties banking services through its partner banks ( WIRE. Upon 2020E pro forma net leverage of 4.2x based upon 2020E pro forma core EBITDA of $.. Alpha HK focuses on three Financial services sectors: ( 1 LLP is acting as independent counsel Customers... Information is provided 'as-is ' megalith financial acquisition corp news solely for informational purposes, not for trading purposes or,!
