BncCorp stockholders approve sale to OppFi in cash and stock deal

BncCorp, Inc. (OTCQX: BNCC) announced that its stockholders approved the previously announced sale to OppFi (NYSE: OPFI) on September 17, 2026.

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 held.

Completion of the transaction remains subject to customary closing conditions, including regulatory approvals. The final vote total will be reported in BNCC's quarterly report for the fiscal quarter ended September 30, 2026.

BNCC Chairman Michael Vekich commented on the vote: "This stockholder vote is a significant development in the process of completing this transformative agreement with OppFi."

BNC National Bank is a community-focused commercial bank headquartered in Glendale, Arizona, operating as a wholly owned subsidiary of BncCorp and providing financial services in North Dakota and Arizona. OppFi is a digital finance platform that partners with banks to offer financial products to consumers who are underserved by traditional financing options.

You May Also Be Interested In

• Meta's Muse AI to counter China models with subscribers, not ads, Alexandr Wang says - Nikkei
• Cumberland Pharmaceuticals reports Phase 2a ifetroban trial results
• Climb Bio and Mabworks report Phase 1 data for IgAN antibody CLYM116