November 26, 2023

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Megalith Fiscal Acquisition Corp. Stockholders Approve Small business Mix with BankMobile Technologies, Inc.

4 min read

NEW YORK, NY, Dec. 21, 2020 (World NEWSWIRE) — Megalith Money Acquisition Corp. (the “Company” or “MFAC”) (NYSE American: MFAC, MFAC.W, MFAC.U), a special objective acquisition organization, now held its beforehand declared exclusive conference of stockholders (the “Special Meeting”). In relationship therewith, the Company’s stockholders voted in favor of all proposals, including the proposed organization blend amongst the Organization and BankMobile Technologies, Inc., a Pennsylvania company (“BankMobile”) (the “Proposed Transaction”). In relationship with the Special Meeting, 500 shares of Course A widespread inventory have been redeemed.

To make sure financial performance, the functions at this time count on the Proposed Transaction to near on January 4, 2021.

About Megalith Money Acquisition Corp.

Megalith Economical Acquisition Corp. is a blank test corporation integrated in Delaware for the reason of effecting a merger, money stock exchange, asset acquisition, inventory buy, reorganization or related company mixture with just one or extra companies, with a focus on the fintech or economical providers industries. MFAC consummated its preliminary general public presenting on the NYSE in August 2018 and is mentioned beneath the image “MFAC.” Much more facts can be located on its internet site at

Extra Information and Where by to Obtain It

This interaction is currently being produced in respect of the Proposed Transaction. The Firm filed with the Securities and Trade Fee (the “SEC”) a preliminary proxy statement on September 21, 2020 (the “Preliminary Proxy Statement”), a registration statement on Sort S-4 (File No. 333-249815) on November 3, 2020, as amended on November 18, 2020 and December 9, 2020 (the “Registration Statement”) (which features a prospectus (the “Prospectus”) and the Preliminary Proxy Statement, as amended), and a closing Prospectus on December 11, 2020 (the “Final Prospectus,” and alongside one another with the definitive proxy statement, dated December 11, 2020, incorporated therein, the “Definitive Proxy Statement”) in relationship with the Proposed Transaction, and will file other files relating to the Proposed Transaction with the SEC. Ahead of producing any expense selection, buyers and stockholders of the Corporation are urged to diligently read through the Registration Assertion and the Definitive Proxy Statement, and other appropriate paperwork filed with the SEC, because this kind of paperwork will include crucial facts about the Corporation, BankMobile and the Proposed Transaction. The Firm commenced mailing the Definitive Proxy Assertion to its stockholders on December 11, 2020. Stockholders could also obtain copies of the Definitive Proxy Statement, without having demand, at the SEC’s web site at or by directing a ask for to: Megalith Economical Acquisition Corp., 535 Fifth Avenue, 29th Flooring, New York, New York 10017.


The disclosure herein is not a proxy assertion or solicitation of a proxy, consent or authorization with respect to any securities or in regard of the Proposed Transaction and shall not represent an offer you to promote or a solicitation of an present to acquire the securities of MFAC, nor shall there be any sale of any such securities in any condition or jurisdiction in which these present, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of this kind of point out or jurisdiction. No provide of securities shall be designed except by suggests of a definitive doc.

Ahead Searching Statements

This launch may perhaps contain “forward-searching statements” in just the indicating of the Private Securities Litigation Reform Act of 1995 that require challenges and uncertainty. Words this kind of as “anticipate,” “estimate,” “expect,” “intend,” “plan,” and “project” and other equivalent words and phrases and expressions are supposed to signify forward-on the lookout statements.  Ahead-searching statements are not guarantees of foreseeable future results and circumstances but rather are subject matter to different pitfalls and uncertainties.  This sort of statements are primarily based on management’s present expectations and are subject matter to a selection of dangers and uncertainties that could result in real results to differ materially from these explained in the ahead-looking statements. Buyers are cautioned that there can be no assurance genuine results or enterprise ailments will not vary materially from individuals projected or suggested in this sort of ahead-looking statements as a final result of several aspects. You should refer to the pitfalls specific from time to time in the stories we file with the SEC, like the Preliminary Proxy Assertion, the Registration Statement, the Definitive Proxy Statement, our Once-a-year Report on Type 10-K for the 12 months ended December 31, 2019, as nicely as other filings on Sort 10-Q and periodic filings on Sort 8-K, for additional components that could trigger precise outcomes to differ materially from these mentioned or implied by these types of ahead-on the lookout statements. We disclaim any intention or obligation to update or revise any ahead-on the lookout statements, regardless of whether as a consequence of new data, long term occasions, or usually, until needed by law.

Make contact with

A.J. Dunklau
Chief Government Officer
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