CHICAGO, June 3, 2021 /PRNewswire/ --
Opportunity Financial, LLC ("OppFi"), a leading financial
technology platform that powers banks to help the everyday consumer
gain access to credit, today announced that the company will
participate at the upcoming Piper Sandler Global Exchange &
FinTech Conference on Thursday, June 10,
2021.
At 4:00 p.m. ET on June 10, Jared
Kaplan, chief executive officer, OppFi, will participate in
a fireside chat. A live audio webcast will be accessible to the
general public through the conference link and on the OppFi
investor relations site.
On February 9, 2021, OppFi and FG
New America Acquisition Corp. (NYSE: FGNA), a special purpose
acquisition corporation, entered into a definitive agreement for a
business combination that would result in OppFi becoming a public
company.
About OppFi
OppFi is a leading financial technology
platform that powers banks to offer accessible products and a
top-rated experience to everyday consumers. Through its unwavering
commitment to customer service, OppFi helps consumers who are
turned away by traditional providers build a better financial path.
To date, OppFi has facilitated the issuance of more than 1.5
million loans. The company is an Inc. 5000 company for five
straight years, a Deloitte's Technology Fast 500™, and the eighth
fastest-growing Chicagoland company by Crain's Chicago Business.
The company was also named on Forbes
America 2021 list of America's Best Startup Employers and
Built In's 2021 Best Places to Work in Chicago. OppFi maintains an A+ rating from the
Better Business Bureau (BBB) and maintains a 4.8/5 star rating with
more than 14,000 online customer reviews, making it one of the top
customer-rated financial platforms online. For more information,
please visit oppfi.com.
About FGNA
FG New America Acquisition Corp., (NYSE:
FGNA), is a NYSE-listed blank check company formed for the purpose
of effecting a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or similar business combination with
one or more businesses. For more information, please visit
www.fgnewamerica.com.
Contacts:
OppFi
Investor Relations: Investors@oppfi.com
Media Relations: media@oppfi.com
FGNA
Investor
Relations: info@fgnewamerica.com
Media Relations: media@fgnewamerica.com
Forward-Looking Statements
This information includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. FGNA's and OppFi's actual
results may differ from their expectations, estimates and
projections and consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as "expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, OppFi's beliefs regarding the impact of the proposed
business combination on its business. These forward-looking
statements involve significant risks and uncertainties that could
cause the actual results to differ materially from the expected
results. Most of these factors are outside FGNA's and OppFi's
control and are difficult to predict. Factors that may cause such
differences include, but are not limited to: (1) the occurrence of
any event, change or other circumstances that could give rise to
the termination of the definitive business combination agreement
(the "Agreement"); (2) the outcome of any legal proceedings that
may be instituted against FGNA and OppFi following the announcement
of the Agreement and the transactions contemplated therein; (3) the
inability to complete the proposed business combination, including
due to failure to obtain approval of the stockholders of FGNA,
certain regulatory approvals or satisfy other conditions to closing
in the Agreement, including with respect to the levels of FGNA
stockholder redemptions; (4) the occurrence of any event, change or
other circumstance that could give rise to the termination of the
Agreement or could otherwise cause the transaction to fail to
close; (5) the impact of COVID-19 on OppFi's business and/or the
ability of the parties to complete the proposed business
combination; (6) the inability to obtain or maintain the listing of
the combined company's shares of common stock on the New York Stock
Exchange following the proposed business combination; (7) the risk
that the proposed business combination disrupts current plans and
operations as a result of the announcement and consummation of the
proposed business combination; (8) the ability to recognize the
anticipated benefits of the proposed business combination, which
may be affected by, among other things, competition, the ability of
OppFi to grow and manage growth profitably and retain its key
employees; (9) costs related to the proposed business combination;
(10) changes in applicable laws or regulations; (11) the
possibility that OppFi or FGNA may be adversely affected by other
economic, business, and/or competitive factors; (12) whether OppFi
will be successful in launching OppFi Card, including whether there
will be consumer or market acceptance of OppFi Card; and (13) other
risks and uncertainties indicated from time to time in FGNA's proxy
statement relating to the proposed business combination, including
those under "Risk Factors" therein, and in FGNA's other filings
with the SEC. FGNA and OppFi caution that the foregoing list of
factors is not exclusive. FGNA and OppFi caution readers not to
place undue reliance upon any forward-looking statements, which
speak only as of the date made. FGNA and OppFi do not undertake or
accept any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements to reflect
any change in its expectations or any change in events, conditions
or circumstances on which any such statement is based.
Important Information and Where to Find It
In connection with the proposed business combination, FGNA filed
a preliminary proxy statement and will file a definitive proxy
statement with the SEC. FGNA's stockholders and other interested
persons are advised to read the preliminary proxy statement and the
amendments thereto and, when available, the definitive proxy
statement and documents incorporated by reference therein filed in
connection with the proposed business combination, as these
materials contain important information about OppFi, FGNA and the
proposed business combination. When available, the definitive proxy
statement and other relevant materials for the proposed business
combination will be mailed to stockholders of FGNA as of a record
date to be established for voting on the proposed business
combination. Stockholders will also be able to obtain copies of the
preliminary proxy statement, the definitive proxy statement and
other documents filed with the SEC that will be incorporated by
reference therein, without charge, once available, at the SEC's web
site at www.sec.gov, or by directing a request to: FG New
America Acquisition Corp., Attention: Hassan Baqar, Chief
Financial Officer, 105 S. Maple Street, Itasca,
Illinois 60143.
Participants in the Solicitation
FGNA and its directors and executive officers may be deemed
participants in the solicitation of proxies from FGNA's
stockholders with respect to the business combination. A list of
the names of those directors and executive officers and a
description of their interests in FGNA was filed in the preliminary
proxy statement for the proposed business combination and be
available at www.sec.gov. Additional information regarding the
interests of such participants will be contained in the definitive
proxy statement for the proposed business combination when
available.
OppFi and its directors and executive officers may also be
deemed to be participants in the solicitation of proxies from the
stockholders of FGNA in connection with the business combination. A
list of the names of such directors and executive officers and
information regarding their interests in the proposed business
combination was included in the preliminary proxy statement for the
proposed business combination. Additional information regarding the
interests of such participants will be contained in the definitive
proxy statement for the proposed business combination when
available.
Non-Solicitation
This press release shall not
constitute a solicitation of a proxy, consent or authorization with
respect to any securities or in respect of the proposed business
combination. This press release shall also not constitute an offer
to sell or the solicitation of an offer to buy any securities, nor
shall there be any sale of securities in any states or
jurisdictions in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act of 1933, as
amended.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/oppfi-to-participate-in-piper-sandler-global-exchange--fintech-conference-301304690.html
SOURCE OppFi