secwatch.observer — SEC 8-K summary
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Issuer:     BM Technologies, Inc. (—)
CIK:        0001725872
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001213900-25-009521
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BM Technologies acquired by First Carolina Bank for $5.00/share; NYSE delisting underway
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- Merger closed Jan 31, 2025; shareholders receive $5.00 cash per share.
- Trading halted Feb 3, 2025; Form 25 to be filed to delist BMTX and BMTX.W from NYSE American.
- Company becomes wholly owned subsidiary of First Carolina Bank; all prior directors and officers replaced.
- Warrant agreement amended; warrants now exercisable for the Merger Consideration.
- Certificate of incorporation and bylaws amended and restated effective at closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725872/000121390025009521/0001213900-25-009521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725872/000121390025009521/ea0229196-8k_bmtech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-009521

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer