New York, New York–(Newsfile Corp. – August 11, 2020) – The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Megalith Financial Acquisition Corp. (“MFAC” or the “Company”) (NYSE: MFAC) stock prior to August 6, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of MFAC with BankMobile Technologies (“BankMobile”). Under the terms of the merger, the combined company will be named BM Technologies, Inc. and be listed on the NYSE. Following the merger, Customers Bank, the parent company of BankMobile, will be the largest stockholder of the combined company. To learn more about the action and your rights, go to: