Green Dot shareholders approve acquisition by CommerceOne; expected close Q3 2026

GREEN DOT CORP

Green Dot shareholders: >99% of shares voted approved the transaction; ~72% of outstanding shares present at meeting.
CommerceOne shareholders: 100% of shares voted in favor; ~69% of outstanding shares represented.
Transaction will form new bank holding company combining Green Dot Bank with CommerceOne; Smith Ventures acquires non-bank fintech.
Expected closing in Q3 2026, subject to Federal Reserve, Alabama and Utah banking regulators' approvals and other conditions.

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