Alkami closes acquisition of MANTL for ~$380M cash plus $13M RSUs

ALKAMI TECHNOLOGY, INC.

Aggregate consideration ~$380M cash plus $13M in RSUs for unvested MANTL options.
MANTL provides onboarding and account opening solutions for financial institutions.
Transaction closed March 17, 2025; MANTL survives as wholly owned subsidiary of Alkami.
Portion of cash placed in escrow for post-closing indemnification obligations.

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