GBank Financial Holdings Inc Announces Potential Merger of BankCard Services, LLC and GBank

November 2, 2023

LAS VEGAS, Nov. 2, 2023 /PRNewswire/ — GBank, a subsidiary of GBank Financial Holdings Inc. (OTCQX: GBFH), today announced that its Board has formed a subcommittee comprised of four entirely disinterested directors to explore the potential merger of BankCard Services, LLC (“BCS”) and the Bank. This disinterested board subcommittee is tasked with the duty to review any proposed transaction and is authorized to engage a third party to deliver a fairness opinion regarding any potential transaction.

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