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FinTech Acquisition Corp. II (FNTE) ("FNTE") today announced that FNTE’s stockholders have voted to approve FNTE’s previously announced merger transaction with Intermex Holdings II, Inc. (the “Merger” or “Business Combination Proposal”) at the special meeting of stockholders held today. Over 99% of the shares voted today were voted in favor of the transaction with Intermex. FNTE’s Board of Directors had previously approved the Business Combination Proposal and recommended that its stockholders vote in favor.
FinTech Acquisition Corp. II (FNTE) and Intermex Holdings II, Inc. (“Intermex”), the parent company of Intermex® Wire Transfer, LLC, a technology enabled wire transfer and financial processing solutions provider, today released information relating to their previously announced merger transaction and additional business updates. FNTE announced today that it has set a record date of June 19, 2018 (the “Record Date”) and a meeting date of July 20, 2018 for a special meeting of stockholders to consider FNTE’s pending acquisition of Intermex (the “Special Meeting”). As announced on December 19, 2017, FNTE has entered into a definitive merger agreement (the “Merger Agreement”) with Intermex, a portfolio company of Stella Point Capital, LP (“Stella Point Capital”), to acquire Intermex for total consideration of approximately $260 million plus the assumption of existing indebtedness (the “Merger”).
FinTech Acquisition Corp. II and Intermex Holdings II, Inc., the parent company of Intermex® Wire Transfer, LLC, a technology enabled wire transfer and financial processing solutions provider, today announced updates to the status of their previously announced merger transaction and the related investor presentation.