BNCCORP Stockholders Approve Sale to OppFi Inc

Stockholders of BNCCORP, Inc. approved the sale of the company and its subsidiary, BNC National Bank, to OppFi, Inc. on September 17, 2026. The transaction provides BNCC stockholders $19.375 per share in cash and 1.9 shares of OppFi Class A common stock for each BNCC share.

The merger combines the digital lending platform of OppFi with the national bank charter and banking infrastructure of BNC to create a more scalable financial services entity. Michael Vekich, Chairman of BNCC, described the stockholder vote as a "significant development in the process of completing this transformative agreement with OppFi."

The completion of the deal remains subject to regulatory approvals and customary closing conditions. BNCC will report the final vote totals in its quarterly report for the period ending September 30, 2026.