BM Technologies Inc.

06/17/2021 | Press release | Distributed by Public on 06/17/2021 14:27

Submission of Matters to a Vote of Security Holders (Form 8-K)

Submission of Matters to a Vote of Security Holders

On June 16, 2021, BM Technologies, Inc. (formerly known as Megalith Financial Acquisition Corp.) (the 'Company'), held its 2021 annual meeting of stockholders (the 'Annual Meeting') to consider Proposals 1, 2, 3 and 4 as described in detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 29, 2021 (the 'Proxy Statement'): (i) to elect Aaron Hodari and Pankaj Dinodia as Class I directors, each for a term of three years expiring at the 2024 Annual Meeting of Stockholders ('Proposal 1'); (ii) to approve the BM Technologies, Inc. 2021 Employee Stock Purchase Plan ('Proposal 2'); (iii) to ratify the appointment of BDO USA LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021 ('Proposal 3'); and to transact such other matters as may properly come before the 2021 Annual Meeting or any adjournment or postponement thereof ('Proposal 4').

The Company's stockholders approved the Class I director nominees recommended for election in Proposal 1 at the Annual Meeting. The votes cast at the Annual Meeting were as follows:

Class I Director Nominees For Withheld Broker Non-Votes
Aaron Hodari 6,203,967 104,335 705,274
Pankaj Dinodia 6,204,967 103,335 705,274

The Company's stockholders approved the BM Technologies, Inc. 2021 Employee Stock Purchase Plan in Proposal 2. The votes cast at the Annual Meeting were as follows:

For Against Abstain Broker Non-Votes
6,154,882 26,386 127,034 705,274

The Company's stockholders approved the ratification of BDO USA LLP as the Company's independent registered public accounting firm in Proposal 3. The votes cast at the Annual Meeting were as follows:

For Against Abstain
6,907,019 1,264 105,293

The Company's stockholders approved Proposal 4. The votes cast at the Annual Meeting were as follows:

For Against Abstain Broker Non-Votes
5,642,657 554,544 111,101 705,274