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BM Technologies Merges with First Carolina Bank
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BM Technologies Merges with First Carolina Bank

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BM Technologies ( (BMTX) ) has issued an announcement.

BM Technologies, Inc. has entered into a merger agreement with First Carolina Bank, resulting in BM Technologies becoming a wholly owned subsidiary. To address potential adverse tax implications from this merger, BM Technologies has accelerated the vesting of certain restricted stock units for key executives, ensuring compliance with tax regulations and securing their compensation.

More about BM Technologies

BM Technologies, Inc. operates in the financial technology sector, focusing on providing digital banking platforms and services.

YTD Price Performance: 129.76%

Average Trading Volume: 185,381

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $56.94M

For an in-depth examination of BMTX stock, go to TipRanks’ Stock Analysis page.

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