June 20, 2024

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Megalith Money Acquisition Corp. Stockholders Approve Business Mixture with BankMobile … |

4 min read

NEW YORK, NY, Dec. 21, 2020 (World NEWSWIRE) — Megalith Monetary Acquisition Corp. (the “Company” or “MFAC”) (NYSE American: MFAC, MFAC.W, MFAC.U), a unique goal acquisition enterprise, right now held its formerly declared special conference of stockholders (the “Special Meeting”). In connection therewith, the Company’s stockholders voted in favor of all proposals, such as the proposed small business blend concerning the Business and BankMobile Systems, Inc., a Pennsylvania corporation (“BankMobile”) (the “Proposed Transaction”). In relationship with the Special Assembly, 500 shares of Course A common inventory have been redeemed.

To ensure economic performance, the parties at this time anticipate the Proposed Transaction to near on January 4, 2021.

About Megalith Fiscal Acquisition Corp.

Megalith Money Acquisition Corp. is a blank test firm included in Delaware for the function of effecting a merger, funds stock exchange, asset acquisition, stock order, reorganization or related enterprise blend with just one or much more companies, with a concentrate on the fintech or economic products and services industries. MFAC consummated its initial community providing on the NYSE in August 2018 and is shown less than the symbol “MFAC.” Extra information can be observed on its site at http://www.megalithfinancial.com.

Additional Information and Where to Uncover It

This communication is staying built in regard of the Proposed Transaction. The Business submitted with the Securities and Trade Fee (the “SEC”) a preliminary proxy statement on September 21, 2020 (the “Preliminary Proxy Statement”), a registration statement on Kind S-4 (File No. 333-249815) on November 3, 2020, as amended on November 18, 2020 and December 9, 2020 (the “Registration Statement”) (which involves a prospectus (the “Prospectus”) and the Preliminary Proxy Assertion, as amended), and a final Prospectus on December 11, 2020 (the “Final Prospectus,” and jointly with the definitive proxy assertion, dated December 11, 2020, bundled therein, the “Definitive Proxy Statement”) in relationship with the Proposed Transaction, and will file other documents about the Proposed Transaction with the SEC. Just before making any investment decision determination, traders and stockholders of the Organization are urged to carefully browse the Registration Statement and the Definitive Proxy Statement, and other appropriate documents submitted with the SEC, due to the fact such documents will comprise important data about the Business, BankMobile and the Proposed Transaction. The Enterprise commenced mailing the Definitive Proxy Statement to its stockholders on December 11, 2020. Stockholders may also obtain copies of the Definitive Proxy Statement, without charge, at the SEC’s web page at www.sec.gov or by directing a request to: Megalith Economic Acquisition Corp., 535 Fifth Avenue, 29th Floor, New York, New York 10017.

Non-Solicitation

The disclosure herein is not a proxy assertion or solicitation of a proxy, consent or authorization with regard to any securities or in regard of the Proposed Transaction and shall not represent an offer you to promote or a solicitation of an provide to buy the securities of MFAC, nor shall there be any sale of any these securities in any point out or jurisdiction in which such present, solicitation, or sale would be illegal prior to registration or qualification below the securities laws of these types of state or jurisdiction. No give of securities shall be created apart from by usually means of a definitive doc.

Forward Looking Statements

This release might comprise “forward-searching statements” in just the this means of the Private Securities Litigation Reform Act of 1995 that include pitfalls and uncertainty. Words these as “anticipate,” “estimate,” “expect,” “intend,” “plan,” and “project” and other comparable phrases and expressions are supposed to signify forward-wanting statements.  Ahead-wanting statements are not guarantees of long term results and circumstances but rather are topic to various dangers and uncertainties.  This kind of statements are centered on management’s recent expectations and are subject matter to a selection of threats and uncertainties that could bring about true success to differ materially from those described in the forward-looking statements. Buyers are cautioned that there can be no assurance precise final results or enterprise circumstances will not differ materially from individuals projected or instructed in these kinds of ahead-searching statements as a consequence of various elements. Be sure to refer to the threats in-depth from time to time in the stories we file with the SEC, like the Preliminary Proxy Statement, the Registration Statement, the Definitive Proxy Assertion, our Once-a-year Report on Kind 10-K for the 12 months finished December 31, 2019, as perfectly as other filings on Form 10-Q and periodic filings on Type 8-K, for supplemental elements that could bring about true effects to vary materially from individuals said or implied by such ahead-hunting statements. We disclaim any intention or obligation to update or revise any ahead-seeking statements, irrespective of whether as a final result of new information, long term occasions, or or else, unless of course essential by regulation.

Make contact with

A.J. Dunklau Chief Government Officer [email protected] 

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