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BNCCORP Stockholders Approve Merger with OppFi
BNCCORP stockholders have approved the company's previously announced sale to OppFi, a tech-enabled digital finance platform, in a cash and stock transaction. Under the terms of the agreement, BNCC stockholders will receive $19.375 per share in cash and 1.9 shares of OppFi Class A common stock for each BNCC share. The vote took place on September 17, 2026, though completion remains subject to customary closing conditions, including regulatory approvals. The transaction combines OppFi's online lending platform with BNC's national bank charter and diversified banking infrastructure. BNCC Chairman Michael Vekich called the stockholder vote a significant development in completing the transformative agreement. The final vote total will be reported in BNCC's quarterly report for the fiscal quarter ended September 30, 2026.
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OPFI · Capital · Positive OppFi's acquisition of BNCCORP advances as BNCC stockholders approve the cash-and-stock merger, combining OppFi's lending platform with BNC's national bank charter.
BNCCORP, Inc. · Capital · Positive BNCCORP stockholders approved the sale to OppFi at $19.375 per share in cash plus 1.9 OppFi Class A shares per BNCC share.