Megalith Financial Acquisition Corporation (MFAC) Shareholders Approve BankMobile Deal
Megalith Financial Acquisition Corporation (NYSE:MFAC) announced that its shareholders approved its combination with digital banking company BankMobile at a special meeting yesterday.
Just 500 shares were redeemed in connection with the vote and even this amount was surprising given that Megalith opened at $13.88 ahead of the meeting and had an estimated $10.43 per share in trust. ...READ MORE
