Alkami acquires MK Decision for $20M plus up to $25M earn-out

ALKAMI TECHNOLOGY, INC.

Base purchase price $20M; $2M holdback released in 12/18 months; earn-out up to $25M tied to 2022/2023 revenue milestones.
MK provides digital account opening and loan origination solutions; expands Alkami's TAM and cross-selling opportunities.
All MK employees retained; CEO Har Rai Khalsa becomes VP/GM of Alkami's new Digital Account Opening and Loan Origination Solutions Team.
Acquisition expected to be immaterial to Alkami's Q3 2021 financial results.

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