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BM Technologies Merges Leading to Delisting and Restructuring

Story Highlights
  • BM Technologies’ shares were converted into cash through a merger on January 31, 2025.
  • The merger led to management restructuring and delisting from NYSE on February 3, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

BM Technologies ( (BMTX) ) just unveiled an update.

BM Technologies, a company in the financial technology sector, announced that as of January 31, 2025, its shares were converted into cash as part of a merger agreement. This resulted in the delisting and deregistration of its shares and warrants from NYSE American LLC, with trading halted on February 3, 2025. The merger also led to a restructuring of its management, with several board members and officers resigning, and amendments to its corporate bylaws and warrant agreements.

More about BM Technologies

YTD Price Performance: 2.25%

Average Trading Volume: 240,101

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $60.44M

See more insights into BMTX stock on TipRanks’ Stock Analysis page.

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