Bm Technologies, INC 8-K filings

BM Technologies stockholders voted to approve the merger agreement with First Carolina Bank at a special meeting held on January 3, 2025.

BM Technologies accelerates the vesting of restricted stock units for key executives to mitigate potential tax consequences related to its upcoming merger with First Carolina Bank.

BM Technologies will be acquired by First Carolina Bank for $5 per share in cash, representing a significant premium, while also reporting a slight revenue decrease and a net loss for Q3 2024.

BM Technologies has re-engaged KPMG to review its Q3 financial statements after a previous resignation, due to a pending merger agreement.

First Carolina Bank has agreed to acquire BM Technologies for $5.00 per share in cash, taking the company private.

BM Technologies has agreed to be acquired by First Carolina Bank for $67 million, with shareholders receiving $5.00 per share in cash.

BM Technologies reported a 10% year-over-year increase in first-half 2024 revenue, reaching $28.7 million, with significant growth in interchange and card revenue.

BM Technologies held its 2024 annual meeting, electing directors and ratifying KPMG as its independent auditor.

KPMG LLP has resigned as BM Technologies' auditor after the company initiated a request for proposal, with the resignation effective upon completion of the interim review or the engagement of a new auditor.

BM Technologies reports a net loss for 2023 despite a strategic shift to a Durbin-exempt bank partnership expected to boost future interchange revenue.

BM Technologies extends its current CFO's term by a few days, modifies his compensation, and adjusts the start date for the incoming CFO.

BM Technologies has appointed Ajay Asija as its new Chief Financial Officer, effective April 1, 2024, succeeding James Dullinger.