Mid Penn completes $106.1M acquisition of 1st Colonial Bancorp

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

On May 1, 2026, the Company acquired the assets of WAAY (ABC) in Huntsville, Alabama, WSIL (ABC) in Paducah, Kentucky, Cape Girardeau, Missouri, and Harrisburg, Illinois, WEVV (CBS/FOX) in Evansville, Indiana, WFFT (FOX) in Ft. Wayne, Indiana, WCOV (FOX) and WIYE (IND) in Montgomery, Alabama, KADN (FOX) and KLAF (NBC) in Lafayette, Louisiana, and WREX (NBC) in Rockford, Illinois (collectively, together with the Allen 3, the “Allen Media Stations”) from AMG for a purchase price of $115 million plus working capital adjustments, which was funded using the Company’s available cash on hand.

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

On April 30, 2026, the Transaction closed for a total purchase price of approximately $248 million

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

for the acquisition, the Company issued 6,500 shares of its Series A Convertible Preferred Stock to Mr. Lam, representing an aggregate consideration of approximately HKD 5,000,000 (approximately USD 641,026). Following completion of the transaction, ASA Robotics became a majority-owned subsidiary of the Company. The remaining 40% equity interest in ASA

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

active engagements with Elbit Systems Ltd (TASE/Nasdaq: ESLT) and other top Israel’s preeminent defense prime contractors. As consideration, the Company issued to Water IO: (i) 1,300,000 shares of common stock ; and (ii) a non-convertible promissory note in the amount of $1,250,000 , bearing interest at the short-term applicable federal rate, payable July 7, 2026.

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

time of the First Merger, each outstanding share of common stock, par value $0.001 per share, of SWK (“SWK Common Stock”) was converted into the right to receive (i) either (A) 1.7264 shares of common stock, par value $0.01 per share, of the Company (“Company Common Stock”) or (B) $20.59 in cash (based on the election of the holder thereof in accordance with

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

rights in accordance with applicable law (each as provided for in the Merger Agreement)), was automatically converted as a result of the Merger into the right to receive 0.5500 shares of common stock, $0.625 par value, of the Company (the “Company Common Stock”), with cash paid in lieu of fractional shares. Each outstanding share of the Company Common

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

relating to the acquisition by Teyame AI Holdings Inc., the Company’s wholly owned subsidiary, of all of the outstanding equity interests of Teyamé 360 S.L. and Datono Mediación S.L. pursuant to that certain Share Purchase Agreement, dated January 22, 2026

This filing

subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total

Comparable filing

interest in TJIM (the “Retained Interest”). The purchase price paid in the Transaction equaled 2.5 times 80% of TJIM’s revenue for the fiscal year ended December 31, 2025, or $12,318,492 (the “Purchase Price”). $12,000,000 of the Purchase Price was paid in cash at Closing, including $1,539,811.50 of such funds paid in escrow for the potential satisfaction of