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At BM TECHNOLOGIES INC.'s shareholder meeting held January 3, 2025, in the 2024-2025 proxy season, 54 asset managers reported how they voted in their SEC Form N-PX filings, covering 128 separate fund positions. Their filings are grouped here into 4 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — To approve, by advisory (non- binding) vote, the compensation that may be paid or become… — FOR was 96% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: BM TECHNOLOGIES INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on January 6, 2025.
Download data (CSV): ballot items · votes by manager · column guide.
Compiled from SEC Form N-PX filings and BM TECHNOLOGIES INC.’s Form 8-K, filed January 6, 2025 (Item 5.07 on EDGAR). Page generated November 8, 2026.
Meeting of January 3, 2025: 3 items on BM TECHNOLOGIES INC.’s Form 8-K, filed January 6, 2025: 1 approved · 2 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Proxy season: 2024-2025
Explore BM TECHNOLOGIES INC. in the interactive database Compare manager voting policies
These tallies are BM TECHNOLOGIES INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed January 6, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| 1. Proposal to adopt the Merger Agreement (the " Merger Agreement Proposal ") | 9,470,266 | 55,200 | 1,313 | -- | -- | 99.4% | Approved | — |
| 2. Proposal to approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to our named executive officers in connection with the consummation of the Merger (the " Advisory Compensation Proposal "); and | 8,783,787 | 391,053 | 351,939 | -- | -- | 96% | Not verified | — |
| 3. Proposal to approve any adjournment of the Special Meeting, if necessary or appropriate, as determined in good faith by the Board, for the purpose of soliciting additional proxies if there are insufficient votes at the Special Meeting to adopt the Merger | 9,404,887 | 120,188 | 1,704 | -- | -- | 99% | Not verified | — |
Source: BM TECHNOLOGIES INC., Form 8-K, filed with the SEC on January 6, 2025 — read the filing on EDGAR.
Each item below shows how the 54 asset managers that disclosed a BM TECHNOLOGIES INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of BM TECHNOLOGIES INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.
Combines 2 wordings of this item as funds reported it.
99.4% Approved · of votes cast
Description as filed by funds: To adopt the Agreement and Plan of Merger, dated October 24, 2024 (the "Merger Agreement"), by and among BM Technologies, Inc. (the "Company"), First Carolina Bank, a North Carolina state-chartered bank ("Parent"), and Double Eagle Acquisition Corp, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which and subject to the terms and conditions thereof, Merger Sub will be merged with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly-owned subsidiary of Parent.
BM TECHNOLOGIES INC.’s own tally for this item (“1. A proposal to adopt the Merger Agreement (the " Merger Agreement Proposal ")”): 9,470,266 for, 55,200 against — passed, per its Form 8-K filed January 6, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Each of the three proposals was approved by the requisite vote of the Company's stockholders.”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 11 asset managers below reported 697,272 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 413,278 | 0 | 0 | 0 | For |
| Jacob Funds Inc. | 126,040 | 0 | 0 | 0 | For |
| GDL FUND | 125,000 | 0 | 0 | 0 | For |
| Dimensional | 16,649 | 0 | 0 | 0 | For |
| Fidelity | 10,284 | 0 | 0 | 0 | For |
| Comstock Funds, Inc. | 3,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 981 | 0 | 0 | 0 | For |
| Jackson National | 875 | 0 | 0 | 0 | For |
| Charles Schwab | 546 | 0 | 0 | 0 | For |
| John Hancock | 367 | 0 | 0 | 0 | For |
| Allianz | 252 | 0 | 0 | 0 | For |
99% Majority: yes · of votes cast
Description as filed by funds: To Approve Any Adjournment Of The Special Meeting, If Necessary Or Appropriate, As Determined In Good Faith By The Board Of Directors Of The Company, For The Purpose Of Soliciting Additional Proxies If There Are Insufficient Votes At The Special Meeting To Adopt The Merger Agreement.
BM TECHNOLOGIES INC.’s own tally for this item (“3. A proposal to approve any adjournment of the Special Meeting, if necessary or appropriate, as determined in good faith by the Board, for the purpose of soliciting additional proxies if there are insufficient votes at ”): 9,404,887 for, 120,188 against, per its Form 8-K filed January 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 11 asset managers below reported 697,272 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 413,278 | 0 | 0 | 0 | For |
| Jacob Funds Inc. | 126,040 | 0 | 0 | 0 | For |
| GDL FUND | 125,000 | 0 | 0 | 0 | For |
| Dimensional | 16,649 | 0 | 0 | 0 | For |
| Fidelity | 10,284 | 0 | 0 | 0 | For |
| Comstock Funds, Inc. | 3,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 981 | 0 | 0 | 0 | For |
| Jackson National | 875 | 0 | 0 | 0 | For |
| Charles Schwab | 546 | 0 | 0 | 0 | For |
| John Hancock | 367 | 0 | 0 | 0 | For |
| Allianz | 252 | 0 | 0 | 0 | For |
Combines 2 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: To approve, by advisory (non- binding) vote, the compensation that may be paid or become payable to the Company's named executive officers in connection with the consummation of the Merger.
BM TECHNOLOGIES INC.’s own tally for this item (“2. A proposal to approve, by advisory (non-binding) vote, the compensation that may be paid or become payable to our named executive officers in connection with the consummation of the Merger (the " Advisory Compensation”): 8,783,787 for, 391,053 against, per its Form 8-K filed January 6, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 413,278 | 0 | 0 | 0 | For |
| RBB FUND, INC. | 0 | 0 | 212,770 | 0 | Abstain |
| Jacob Funds Inc. | 126,040 | 0 | 0 | 0 | For |
| GDL FUND | 125,000 | 0 | 0 | 0 | For |
| Dimensional | 0 | 16,649 | 0 | 0 | Against |
| Fidelity | 10,284 | 0 | 0 | 0 | For |
| Comstock Funds, Inc. | 3,000 | 0 | 0 | 0 | For |
| Lincoln Financial | 0 | 981 | 0 | 0 | Against |
| Jackson National | 0 | 875 | 0 | 0 | Against |
| Charles Schwab | 0 | 546 | 0 | 0 | Against |
| John Hancock | 0 | 367 | 0 | 0 | Against |
| Allianz | 0 | 252 | 0 | 0 | Against |
Fund voting reports, all 12 managers: 677,602 for, 19,670 against, 212,770 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| M3F, Inc. | 994,401 | 0 | 0 | 0 | For |
| ODDO BHF ASSET MANAGEMENT SAS | 572,000 | 0 | 0 | 0 | For |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 0 | 147,180 | 0 | 0 | Against |
| Pacific Ridge Capital Partners, LLC | 0 | 0 | 137,311 | 0 | Abstain |
| State Street | 32,312 | 0 | 0 | 0 | For |
| Renaissance | 28,385 | 0 | 0 | 0 | For |
| Two Sigma | 28,324 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 22,615 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 19,800 | 0 | 0 | Against |
| BlackRock | 18,730 | 0 | 0 | 0 | For |
| Dimensional | 0 | 16,614 | 0 | 0 | Against |
| Northern Trust | 0 | 15,167 | 0 | 0 | Against |
| Perigon Wealth Management, LLC | 8,012 | 0 | 0 | 0 | For |
| CONNORS INVESTOR SERVICES INC | 7,181 | 0 | 0 | 0 | For |
| Heck Capital Advisors, LLC | 6,450 | 0 | 0 | 0 | For |
| Gabelli | 5,506 | 0 | 0 | 0 | For |
| Vanguard | 5,073 | 0 | 0 | 0 | For |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 4,000 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 2,571 | 0 | 0 | 0 | For |
| Maryland State Retirement & Pension System | 1,520 | 0 | 0 | 0 | For |
| Arizona State Retirement System | 0 | 1,335 | 0 | 0 | Against |
| AMERIPRISE FINANCIAL INC | 937 | 0 | 0 | 0 | For |
| ADIRONDACK TRUST CO | 880 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 546 | 0 | 0 | Against |
| St. Louis Trust Co | 260 | 0 | 0 | 0 | For |
Institutional-manager reports, all 42 managers: 1,739,892 for, 200,759 against, 137,311 abstained. Showing the 25 largest; every one is in the interactive database (link above).
100% of fund votes cast · no official result
The 2 asset managers below reported 43,434 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| ESSEX INVESTMENT MANAGEMENT CO LLC | 42,420 | 0 | 0 | 0 | For |
| JPMorgan | 1,014 | 0 | 0 | 0 | For |
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 12,099,490 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 3.42% |
| 2 | RBB FUND, INC. | 1.76% |
| 3 | Jacob Funds Inc. | 1.04% |
| 4 | GDL FUND | 1.03% |
| 5 | Dimensional | 0.14% |
| 6 | Fidelity | 0.08% |
| 7 | Comstock Funds, Inc. | 0.02% |
| 8 | Lincoln Financial | <0.01% |
| 9 | Jackson National | <0.01% |
| 10 | Charles Schwab | <0.01% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | M3F, Inc. | 8.22% |
| 2 | ODDO BHF ASSET MANAGEMENT SAS | 4.73% |
| 3 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 1.22% |
| 4 | Pacific Ridge Capital Partners, LLC | 1.13% |
| 5 | State Street | 0.27% |
| 6 | Renaissance | 0.23% |
| 7 | Two Sigma | 0.23% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.19% |
| 9 | T. Rowe Price | 0.16% |
| 10 | BlackRock | 0.15% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Schechter Private Capital Funds | 26.65% | DEF14A |
| Bhanu Choudhrie | 16.51% | DEF14A |
| De Lisle Partners LLP | 9.46% | 13G |
| LMR Partners LLP | 8.33% | 13G |
| Luvleen Sidhu | 5.79% | DEF14A |
| Veradace Partners L.P. | 5.45% | DEF14A |
| Walleye Capital LLC | 5.21% | DEF14A |
| Pacific Ridge Capital Partners, LLC | 4.16% | 13G |
| Brent Hurley | 1.77% | DEF14A |
| James Donahue | 0.63% | DEF14A |
Percentages above are of 12,099,490 shares outstanding, as reported by BM TECHNOLOGIES INC. on its Form 10-Q dated November 14, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from BM TECHNOLOGIES INC.’s 10-Q dated November 14, 2024. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.
BM TECHNOLOGIES INC. proxy season coverage: 2024-2025 (this page).
proxyvotesnow.com, “BM TECHNOLOGIES INC. 2025 Special Meeting: Shareholder Vote Results”, https://proxyvotesnow.com/company/bm-technologies-inc/2025 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.