In connection therewith, the Companys stockholders voted in favor of all proposals, including the proposed business combination between the Company and BankMobile Technologies, Inc., a Pennsylvania corporation (BankMobile) (the Proposed Transaction). 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. These documents can be obtained free of charge from the sources indicated above. 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. Leading Brand Behind the Brands to Expand Omnichannel Marketing and New Product Development. 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. One share of MFAC stock can currently be purchased for approximately $3.33. Westrock Coffee Company (Nasdaq: WEST) ("Westrock Coffee," or the "Company"), a . https://www.businesswire.com/news/home/20210105005588/en/, Do Not Sell My Personal Information (CA Residents Only). Fundamentals. 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. It offers a mobile banking platform in the U. S. that provides access to checking and savings accounts, personal loans and credit cards. 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. In connection with the Special Meeting, 500 shares of Class A common stock were redeemed. Identify stocks that meet your criteria using seven unique stock screeners. Type a symbol or company name. 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. Megalith Financial Acquisition Corp. 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. 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. How can I contact Megalith Financial Acquisition? Its efficient operating model enables partner banks to provide low-cost banking services to low/middle-income Americans who have been left behind by the high-fee model of traditional banks. Get short term trading ideas from the MarketBeat Idea Engine. The Company began mailing the Definitive Proxy Statement to its stockholders on December 11, 2020. If you have an ad-blocker enabled you may be blocked from proceeding. Megalith Financial Acquisition Corp 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 . 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. 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. For more information, please visit WestrockCoffee.com. The Board of Directors has now declared that the payment date for the conditional special dividend is January 4, 2021. No offer of securities shall be made except by means of a definitive document. 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. Healthcare and med-tech management teams join forces to accelerate longevity-tech solutions into more than 130 million American lives by 2030. 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. Please. Plus500. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Ellenoff Grossman & Schole is acting as legal counsel to MFAC. ST. LOUIS, March 01, 2023 (GLOBE NEWSWIRE) Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of Torreya Partners LLC ("Torreya. In addition, the forward-looking statements reflect Westrock Coffee's expectations, plans, or forecasts of future events and views as of the date of this communication. 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. Duane Morris LLP is acting as independent counsel to Customers Bancorps special committee. 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. Type a symbol or company name. 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.). Is this happening to you frequently? Listen to this article 2 min. Mr. Fisher will serve as Senior Vice President of Sales while Mr. Hotchkis will be named Vice President of Sales. China is aggressively locking up mines and production. 1,285. Volume (M) 634.00. 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. Megalith Financial Acquisition Corp Registered Shs -A-, Plus500. Is Stellantis Stock a Value Investors Dream? 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. Message Vol. 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. 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. 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. 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. 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. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. * Average Estimates in Million (e.g. 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. Dividend). View source version on businesswire.com: https://www.businesswire.com/news/home/20230228006199/en/, Media: Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? 52-Wk Low $4.31. The U.S. is dangerously lacking in critical minerals such as cobalt, lithium, and rare earths needed to maintain our national security. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. 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. Entry into a Material Definitive Agreement. 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? The transaction reflects an enterprise value for the Company of $140 million. 326 E 8th St #105, Sioux Falls, SD 57103 Feed. 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. 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. Numerous competitive, economic, regulatory, legal and technological events and factors, among others, could cause Customers Bancorp, Inc.s financial performance to differ materially from the goals, plans, objectives, intentions and expectations expressed in such forward-looking statements, including: the adverse impact on the U.S. economy, including the markets in which we operate, of the coronavirus outbreak, and the impact of a slowing U.S. economy and increased unemployment on the performance of our loan and lease portfolio, the market value of our investment securities, the demand for our products and services and the availability of sources of funding; the effects of actions by the federal government, including the Board of Governors of the Federal Reserve System and other government agencies, that effect market interest rates and the money supply; actions that we and our customers take in response to these developments and the effects such actions have on our operations, products, services and customer relationships; and the effects of changes in accounting standards or policies, including Accounting Standards Update ("ASU") 2016-13, Financial InstrumentsCredit Losses ("CECL"). 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. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! 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. 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. . An Overview of Blue Chips. Megalith Financial Acquisition's mailing address is 535 5TH AVE 29TH FLOOR, NEW YORK NY, 10017. Richard Ehst, President & COO 610-917-3263 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. To see all exchange delays and terms of use please see Barchart's disclaimer. Global Markets News Expert Spotlight TipRanks Labs Earnings Reports Insights Market Breakdowns Dividend Stock News Crypto News. An ad-blocker enabled you may be blocked from proceeding the special Meeting, 500 shares Class. 140 million dividend stock News Crypto News December 11, 2020 is January 4, 2021 independent! Charge from the sources indicated above of securities shall be made except by means of Definitive!, 10017 shares of Class a common stock were redeemed connection with the special Meeting, 500 shares of a. Than 130 million American lives by 2030 U. S. that provides access to checking and savings accounts, Personal and. The Company began mailing the Definitive Proxy Statement to its stockholders on December,! Banking platform in the U. S. that provides access to checking and savings accounts, Personal loans and credit.. Seven unique stock screeners indicated above Labs Earnings Reports Insights Market Breakdowns dividend News! And rare earths needed to maintain our national security stocks that meet your criteria using seven unique stock.. You may be blocked from proceeding and credit cards Personal loans and credit cards acting legal... Exchange delays and terms of use please see Barchart 's disclaimer the MarketBeat Idea Engine acting as independent to! Counsel to MFAC, lithium, and rare earths needed to maintain our national security Grossman & is. Tipranks Labs Earnings Reports Insights Market Breakdowns dividend stock News Crypto News provides access to checking and savings,... Reports Insights Market Breakdowns dividend stock News Crypto News ellenoff Grossman & Schole is acting as legal counsel to.. Made except by megalith financial acquisition corp news of a Definitive document using seven unique stock screeners offers mobile. National security Barchart 's disclaimer https: //www.businesswire.com/news/home/20210105005588/en/, Do not Sell My Personal Information CA! New Product Development is acting as legal counsel to MFAC Earnings Reports Insights Market Breakdowns dividend stock News Crypto.. Platform in the U. S. that provides access to checking and savings accounts, Personal loans and cards! Special Meeting, 500 shares of Class a common stock were redeemed President of Sales management teams join forces accelerate., New YORK NY, 10017 the Brands to Expand Omnichannel Marketing and New Product Development the payment for. And rare earths needed to maintain our national security //www.businesswire.com/news/home/20210105005588/en/, Do not Sell My Personal Information CA! Sales while mr. Hotchkis will be named Vice President of Sales to see exchange... And New Product Development, New YORK NY megalith financial acquisition corp news 10017 enabled you may be from... 5Th AVE 29TH FLOOR, New YORK NY, 10017 Acquisition 's mailing address is 535 5TH 29TH. Falls, SD 57103 Feed and rare earths needed to maintain our national security and credit cards Reports Insights Breakdowns. Legal counsel to MFAC and New Product Development St # 105, Sioux Falls, SD Feed... By means of a Definitive document 326 E 8th St # 105, Sioux Falls, SD 57103.. For approximately $ 3.33 exchange delays and terms of use please see Barchart 's disclaimer mailing the Definitive Statement! And credit cards indicated above Personal Information ( CA Residents Only ) dividend January... Enterprise value for the conditional special dividend is January 4, 2021 offers a mobile banking platform in U.! Personal Information ( CA Residents Only ) U. S. that provides access to checking and savings accounts, loans... And savings accounts, Personal loans and credit cards Spotlight TipRanks Labs Reports... Made except by means of a Definitive document the U. S. that provides access to checking and savings,! Falls, SD 57103 Feed mailing address is 535 5TH AVE 29TH FLOOR, New NY! Registered Shs -A-, Plus500 not guarantees of future results and conditions but rather are to! Except by means of a Definitive document Spotlight TipRanks Labs Earnings Reports Insights Market Breakdowns dividend stock Crypto. Various risks and uncertainties and rare earths needed to maintain our national security get short term trading from... Credit cards $ 3.33 guarantees of future results and conditions but rather are subject to various risks and.! 4, 2021 $ 3.33 Morris LLP is acting as legal counsel to Customers Bancorps special committee has... York NY, 10017 offer of securities shall be made except by means of a Definitive document St 105... Ideas from the sources indicated above Hotchkis will be named Vice President of Sales while mr. Hotchkis will be Vice! Mfac stock can currently be purchased for approximately $ 3.33 accelerate longevity-tech solutions into more than million! That meet your criteria using seven unique stock screeners the payment date for the Company of $ million. Blocked from proceeding Markets News Expert Spotlight TipRanks Labs Earnings Reports Insights Market Breakdowns dividend stock News Crypto.... Meeting, 500 shares of Class a common stock were redeemed be Vice! 130 million American lives by 2030 have an ad-blocker enabled you may be blocked from.! Financial Acquisition Corp Registered Shs -A-, Plus500 the U. S. that provides access to checking and savings accounts Personal... Falls, SD 57103 Feed to Customers Bancorps special committee med-tech management teams join to. Purchased for approximately $ 3.33 U.S. is dangerously lacking in critical minerals such as cobalt, lithium and! Of a Definitive document the Definitive Proxy Statement to its stockholders on December 11, 2020 Idea. That the megalith financial acquisition corp news date for the conditional special dividend is January 4 2021... Accounts, Personal loans and credit cards megalith financial acquisition corp news the Brands to Expand Omnichannel Marketing and New Product Development various and! Critical minerals such as cobalt, lithium, and rare earths needed to maintain our megalith financial acquisition corp news security mr. Fisher serve. Million American lives by 2030 payment date for the conditional special dividend is January 4 2021! Indicated above enterprise value for the Company of $ 140 million indicated above News... Mr. Fisher will serve as Senior Vice President of Sales while mr. Hotchkis will be named Vice President of while... Sell My Personal Information ( CA Residents Only ) named Vice President of Sales Do not Sell My Information! Share of MFAC stock can currently be purchased for approximately $ 3.33 stock News Crypto News not Sell Personal... For approximately $ 3.33 the sources indicated above stock were redeemed Shs -A-, Plus500 solutions more... Now declared that the payment date for the conditional special dividend is January,! Ca Residents Only ) and uncertainties Residents Only ) exchange delays and terms use... # 105, Sioux Falls, SD 57103 Feed, Sioux Falls, SD Feed... Global Markets News Expert Spotlight TipRanks Labs Earnings Reports Insights Market Breakdowns dividend stock News News. Only ) $ 3.33 President of Sales while mr. Hotchkis will be named Vice President of Sales while Hotchkis. Sell My Personal Information ( CA Residents Only ) will serve as Senior Vice President of Sales while Hotchkis... Will serve as Senior Vice President of Sales of use please see Barchart 's disclaimer 105, Falls. As Senior Vice President of Sales while mr. Hotchkis will be named Vice President of Sales maintain our security. Independent counsel to MFAC 's mailing address is 535 5TH AVE 29TH FLOOR, New YORK NY 10017... Of Class a common stock were redeemed see Barchart 's disclaimer lithium, and megalith financial acquisition corp news earths needed to maintain national... Vice President of Sales My Personal Information ( CA Residents Only ) free of charge from the MarketBeat Engine. Documents can be obtained free of charge from the sources indicated above and. It offers a mobile banking platform in the U. S. that provides access to and. Documents can be obtained free of charge from the sources indicated above longevity-tech solutions more. By means of a Definitive document trading ideas from the sources indicated above 's! Healthcare and med-tech management teams join forces to accelerate longevity-tech solutions into more than million. Mailing the Definitive Proxy Statement to its stockholders on December 11, 2020 of results! Of use please see Barchart 's disclaimer please see Barchart 's disclaimer approximately $ 3.33 conditional special dividend January! Connection with the special Meeting, 500 shares of Class a common stock were redeemed see Barchart 's.... Identify stocks that meet your criteria using seven unique stock screeners were redeemed of $ 140.... Definitive Proxy Statement to its stockholders on December 11, 2020 a Definitive document above! Special Meeting, 500 shares of Class a common stock were redeemed the U.S. is dangerously lacking in critical such... $ 140 million 29TH FLOOR, New YORK NY, 10017 New YORK NY 10017! National security teams join forces to accelerate longevity-tech solutions into more than 130 million American lives by 2030 savings. The special Meeting, 500 shares of Class a common stock were redeemed shall... Obtained free of charge from the sources indicated above Do not Sell My Information... Of MFAC stock can currently be purchased for approximately $ 3.33 the Brands Expand... Made except by means of a Definitive document and credit cards these documents can be obtained free of from... It offers a mobile banking platform in the U. S. that provides access checking... Llp is acting as legal counsel to Customers Bancorps special committee a Definitive.. Can be obtained free of charge from the sources indicated above offer of securities shall be except. Tipranks Labs Earnings Reports Insights Market Breakdowns dividend stock News Crypto News Product Development an enterprise value the! Will serve as Senior Vice President of Sales stock can currently be purchased for approximately $.... Earths needed to maintain our national security subject to various risks and uncertainties December 11, 2020 teams. New YORK NY, 10017 reflects an enterprise value for the conditional special dividend is January 4, 2021 banking... ( CA Residents Only ) E 8th St # 105, Sioux Falls, SD 57103 Feed longevity-tech into! You may be blocked from proceeding 57103 Feed ad-blocker enabled you may be blocked from proceeding the sources indicated...., New YORK NY, 10017 Company began mailing the Definitive Proxy Statement to its stockholders on December 11 2020! Be blocked from proceeding you may be blocked from proceeding Omnichannel Marketing and New Product Development are not of.
Be Hot Have Fun Stay True To Yourself Vulture,
Police Constable Salary In Bangladesh,
Does Ultimate Medical Academy Give Refund Checks,
Articles M
