NEW YORK, NY, Dec. 21, 2020 (World NEWSWIRE) — Megalith Monetary Acquisition Corp. (the “Company” or “MFAC”) (NYSE:MFAC, MFAC.W, MFAC.U)), a distinctive function acquisition firm, now held its previously declared unique conference of stockholders (the “Special Conference”). In connection therewith, the Company’s stockholders voted in favor of all proposals, including the proposed business combination concerning the Enterprise and BankMobile Systems, Inc., a Pennsylvania corporation (“BankMobile”) (the “Proposed Transaction”). In link with the Special Assembly, 500 shares of Course A typical inventory had been redeemed.
To assure economic performance, the get-togethers presently expect the Proposed Transaction to close on January 4, 2021.
About Megalith Fiscal Acquisition Corp.
Megalith Economic Acquisition Corp. is a blank test corporation integrated in Delaware for the intent of effecting a merger, cash stock trade, asset acquisition, stock order, reorganization or comparable enterprise combination with 1 or additional organizations, with a target on the fintech or money services industries. MFAC consummated its original general public presenting on the NYSE in August 2018 and is mentioned beneath the image “MFAC.” Much more information and facts can be uncovered on its internet site at http://www.megalithfinancial.com.
More Information and Where by to Locate It
This interaction is becoming manufactured in regard of the Proposed Transaction. The Company filed with the Securities and Exchange Fee (the “SEC”) a preliminary proxy assertion on September 21, 2020 (the “Preliminary Proxy Statement”), a registration assertion 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 includes a prospectus (the “Prospectus”) and the Preliminary Proxy Statement, as amended), and a last Prospectus on December 11, 2020 (the “Final Prospectus,” and alongside one another with the definitive proxy assertion, dated December 11, 2020, bundled therein, the “Definitive Proxy Assertion”) in relationship with the Proposed Transaction, and will file other files regarding the Proposed Transaction with the SEC. In advance of making any investment selection, traders and stockholders of the Organization are urged to carefully browse the Registration Statement and the Definitive Proxy Assertion, and other relevant paperwork filed with the SEC, since this sort of documents will have critical facts about the Corporation, BankMobile and the Proposed Transaction. The Corporation began mailing the Definitive Proxy Assertion to its stockholders on December 11, 2020. Stockholders may well also receive copies of the Definitive Proxy Statement, without the need of cost, at the SEC’s web-site at www.sec.gov or by directing a request to: Megalith Economical Acquisition Corp., 535 Fifth Avenue, 29th Flooring, 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 respect of the Proposed Transaction and shall not constitute an offer to sell or a solicitation of an present to acquire the securities of MFAC, nor shall there be any sale of any such securities in any point out or jurisdiction in which these provide, solicitation, or sale would be illegal prior to registration or qualification under the securities rules of this kind of point out or jurisdiction. No supply of securities shall be created apart from by signifies of a definitive document.
Ahead On the lookout Statements
This release could have “ahead-looking statements” inside the meaning of the Personal Securities Litigation Reform Act of 1995 that entail threats and uncertainty. Phrases this kind of as “foresee,” “estimate,” “be expecting,” “intend,” “program,” and “undertaking” and other related words and expressions are supposed to signify forward-looking statements. Forward-looking statements are not assures of future effects and conditions but instead are subject to numerous pitfalls and uncertainties. These kinds of statements are based on management’s recent anticipations and are topic to a quantity of dangers and uncertainties that could induce genuine benefits to vary materially from these described in the forward-looking statements. Investors are cautioned that there can be no assurance real success or company conditions will not differ materially from those projected or suggested in these kinds of forward-searching statements as a outcome of different variables. Be sure to refer to the threats in depth from time to time in the studies we file with the SEC, together with the Preliminary Proxy Assertion, the Registration Statement, the Definitive Proxy Statement, our Annual Report on Kind 10-K for the year ended December 31, 2019, as perfectly as other filings on Kind 10-Q and periodic filings on Sort 8-K, for further elements that could trigger true success to vary materially from all those said or implied by these types of ahead-hunting statements. We disclaim any intention or obligation to update or revise any ahead-wanting statements, whether as a consequence of new data, potential functions, or normally, until needed by regulation.
Contact
A.J. Dunklau
Chief Government Officer
[email protected]
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