secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0001140361-25-043544
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot agrees to merger with CommerceOne; holders get $8.11 cash plus 0.2215 New CommerceOne shares
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- Per Green Dot share: $8.11 cash plus 0.2215 shares of New CommerceOne common stock.
- Green Dot Bank to be distributed to CommerceOne Intermediate Holdco; non-bank fintech assets acquired by OpCo (Smith Ventures affiliate).
- Transactions require approval of both Green Dot and CommerceOne stockholders and regulatory approvals.
- Termination fee: $27M payable by Green Dot to CommerceOne under certain circumstances; $3.5M payable by CommerceOne to Green Dot.
- Green Dot board unanimously approved; closing expected by Nov 23, 2026 with possible 90-day extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000114036125043544/0001140361-25-043544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000114036125043544/ef20059936_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-043544

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