| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BMTX | Common Stock | Disposed to Issuer | $242,465 | -48,493 | -100% | $5.00 | 0 | 31 Jan 2025 | Direct | F1, F2, F3 |
Brent Hurley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | On January 31, 2025, pursuant to the Agreement and Plan of Merger, dated October 24, 2024 (the "Merger Agreement"), between Issuer, First Carolina Bank ("Parent") and Double Eagle Acquisition Corp., Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer, with Issuer continuing as the surviving corporation and wholly-owned subsidiary of the Parent (the "Merger"). |
| F2 | On January 31, 2025, pursuant to the Merger Agreement, each share of the Issuer's common stock, par value $.00001 per share, issued and outstanding prior to the effective time of the Merger was converted into the right to receive an amount in cash equal to $5.00 per share, subject to any withholding of taxes required by applicable law. |
| F3 | Reporting Person's previous Form 4 listed 215,631 shares, which consisted of 48,493 shares of common stock and 167,138 shares of common stock underlying Issuer warrants held by Reporting Person. Pursuant to the Merger Agreement, only the 48,493 shares of common stock held by Reporting Person were canceled and converted into the right to receive cash as described in footnote 2 and the 167,138 shares underlying warrants will be delisted in accordance with the terms of the Merger Agreement. |