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Stock impact report

Alkami to acquire account opening tech provider MANTL [Yahoo! Finance]

Alkami Technology, Inc. (ALKT) 
Company Research Source: Yahoo! Finance
The acquisition is expected to enhance Alkami's digital banking and data and marketing solutions, creating a comprehensive digital sales and service platform for financial institutions. The transaction, which is expected to see a customary purchase price adjustment of approximately $7m, will be funded through $380m in cash and $13m in restricted stock units for MANTL employees. These stock units will replace unvested compensatory stock options. MANTL's platform stands out for its multi-tenant, core-agnostic capabilities, enabling financial institutions to support account opening across various channels, including in-branch, call centre, and digital, highlighted Alkami. The technology automates the account opening process for a wide range Read more
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