Beneficient Capital Company Holdings, L.P. /
Mercantile Bank International Corp.
Beneficient subsidiary agrees to purchase Mercantile Bank International Corp.
What happened
Beneficient Capital Company Holdings, L.P. agreed to purchase all issued and outstanding shares of Mercantile Bank International Corp. from Mercantile Global Holdings, Inc. The transaction is subject to closing conditions, including regulatory approval.
The stated consideration is $1.5 million, consisting of shares of Beneficient’s Class A common stock and cash.
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Beneficient subsidiary agrees to purchase Mercantile Bank International Corp.
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