On a corporate action affecting ordinary shares of BM Technologies, Inc. (BMTX)

On October 24, 2024, BM Technologies, Inc. signed a merger agreement under which it will be acquired by First Carolina Bank. BM Technologies, Inc. stockholders will receive $5.00 per share in cash for each share of The BM Technologies, Inc. that they own. Transaction is expected to close in the first quarter of 2025 if stockholders approve it on the special meeting of stockholders to be held on January 3, 2025. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.