Green Dot Corporation
GDOT/CommerceOne Financial CorporationprivateCommerceOne to acquire Green Dot in merger with Smith Ventures buyout
Deal value
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mixed
Per-share offer
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Premium
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No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.
Announced
Apr 24, 2026
Preliminary Proxy
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Definitive Proxy
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Shareholder vote
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Expected close
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No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.
No closing-condition data extracted.
No competing-bidder, activist, or dissident-proxy signals in the database for this target.
Acquirer side· CommerceOne Financial Corporation
Legal
- · H. Rodgin Cohen
- · Stephen M. Salley
- · Mario Schollmeyer
“H. Rodgin Cohen Stephen M. Salley Mario Schollmeyer Sullivan & Cromwell LLP 125 Broad Street New York, New York 10004 (212) 558-4000”
Target side· Green Dot Corporation
Legal
Wachtell, Lipton, Rosen & Katz
- · Edward D. Herlihy
- · Matthew M. Guest
- · Matthew T. Carpenter
“Edward D. Herlihy Matthew M. Guest Matthew T. Carpenter Wachtell, Lipton, Rosen & Katz 51 West 52nd Street New York, New York 10019 (212) 403-1000”
| Firm | Role | Side | Deals in DB | |
|---|---|---|---|---|
| Sullivan & Cromwell LLP | Legal | Acquirer | 3 | View deals → |
| Wachtell, Lipton, Rosen & Katz | Legal | Target | 3 | View deals → |
- Apr 24, 2026this filing
CommerceOne to acquire Green Dot in merger with Smith Ventures buyout
CommerceOne Financial Corporation will acquire Green Dot Corporation through a series of mergers, with Smith Ventures acquiring Green Dot's non-bank fintech assets in a concurrent transaction. Green Dot shareholders will receive 0.2215 shares of New CommerceOne common stock and $8.11 in cash per share. Upon completion, former CommerceOne shareholders will own approximately 27.8% and former Green Dot shareholders will own approximately 72.2% of New CommerceOne.