AI brief of an SEC Form 8-K · GREEN DOT CORP (GDOT)

Green Dot shareholders approve merger and separation agreements with CommerceOne

Positive Impact 4 of 5 m&a Written later

Green Dot stockholders approved the merger with CommerceOne Financial and the separation agreement at a June 23, 2026 special meeting, with more than 99% of votes cast in favor of each. Under the proposed transaction, CommerceOne would acquire Green Dot Bank and Smith Ventures would acquire Green Dot's non-bank fintech operations, and completion is expected in the third quarter of 2026 subject to regulatory approvals.

Key points

  • Merger proposal: 40,869,891 votes for, 139,918 against, 52,234 abstentions; more than 99% of votes cast were in favor.
  • Separation proposal: 40,709,555 votes for, 300,237 against, 52,251 abstentions; more than 99% of votes cast were in favor.
  • Advisory vote on transaction-related executive compensation: 35,353,034 for, 4,957,445 against, 751,564 abstentions; not a condition to completion.
  • Quorum of 72.44% was reached with 41,062,043 of 56,682,705 shares present; completion is expected in Q3 2026 pending regulatory approvals from the Federal Reserve, Alabama State Banking Department and Utah Department of Financial Institutio

The filing

CompanyGREEN DOT CORP (GDOT)
Form8-K, current report
Filed with the SECJun 23, 2026, 8:45 PM ET
Accession number0001140361-26-026125

Items reported: 5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.