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Press release content from Business Wire. The AP news staff was not involved in its creation.
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Press release content from Business Wire. The AP news staff was not involved in its creation.

BMTX Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of BM Technologies, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – BMTX

November 18, 2021 GMT

NEW YORK--(BUSINESS WIRE)--Nov 18, 2021--

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of BM Technologies, Inc. (NYSE: BMTX) and First Sound Bank (“FSB”) is fair to BMTX shareholders. Under the terms of the proposed merger, BMTX will pay up to $7.22 in cash for each share of FSB common stock or approximately $23 million in aggregate consideration, subject to certain conditions and adjustments. The investigation concerns whether BMTX and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders.

Halper Sadeh encourages BMTX shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211118006348/en/

CONTACT: Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Halper Sadeh LLP

Copyright Business Wire 2021.

PUB: 11/18/2021 04:53 PM/DISC: 11/18/2021 04:53 PM

http://www.businesswire.com/news/home/20211118006348/en