(MENAFN- GlobeNewsWire - Nasdaq) MONSEY, N.Y., Nov. 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Green Dot Corporation (NYSE: GDOT) (“Green Dot”) in a complex transaction with Smith Ventures and CommerceOne Financial Corporation (“CommerceOne”) under which Green Dot stockholders will receive $8.11 per share in cash and 0.2215 shares of a new publicly traded bank holding company that will own CommerceOne's and Green Dot's existing banking businesses. Smith Ventures will acquire and privatize Green Dot's non-bank financial technology business assets and operations, which will continue running as an independent fintech and embedded finance company.

On a conference call on November 24, 2025, after the deal was announced, Green Dot's CFO estimated that Green Dot shareholders are receiving value of approximately $14.23 per share.

Notably, SeekingAlpha author Mike Arnold had previously projected that GreenDot's stock price could rise to $30.00 per share in light of recent embedded finance wins with companies like Stripe, and ongoing partnerships with Walmart and Apple.

Arnold denounced the proposed sale as a“horrible deal, no other way to describe it,” and opined that the proposed sale should get“voted down by GDOT shareholders.”

If you remain a Green Dot shareholder and have concerns about the fairness of the proposed merger, you may contact our firm at the following link to discuss your legal rights at no charge:

Alternatively, you may contact us by phone at 866-833-6245, or via email at ....

About Wohl & Fruchter
Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, , to learn more about our Firm, or contact one of our partners.

Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
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