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GBank Financial Holdings Inc. Announces Restructuring of Transaction with BankCard Services, LLC

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LAS VEGAS, May 28, 2024 /PRNewswire/ — GBank Financial Holdings Inc. (the “Company”) (OTCQX: GBFH), the parent company for GBank (the “Bank”), and BankCard Services, LLC (“BCS”) today announced that they are restructuring their proposed transaction, as previously announced on December 14, 2023. The parties anticipate that the Company will make a nonvoting equity investment in BCS equal to approximately 32.99% of BCS’s equity in exchange for approximately 231,509 shares of non-voting common stock of the Company.

The Company’s previously formed Special Committee, comprised of four disinterested directors, has reviewed the terms of the restructured transaction and recommended approval to the Company’s Board of Directors. Subsequently, the transaction was approved by the Company’s Board of Directors. The Special Committee used a valuation range provided by an independent investment banking firm. The transaction is anticipated to close by the end of the second quarter of 2024. 

Currently, the GBank/BCS pipeline is active. This includes a new tri-party agreement between the Bank, BCS, and an RTP platform provider to implement Real Time Request for Payment (RFP) for gaming platform providers utilizing BCS’s proprietary “Pooled Player Account Powered by PIMS™” banking solution.

Investor Call

The Company will host an investor call on Tuesday, May 28, 2024, at 1:30 p.m. PST to discuss the details of the transaction. Interested parties will be able to listen from any remote location that has Internet connectivity. There will be no physical location for interested parties to attend.

Interested parties may participate online, via the ZOOM app on their smartphones, or by joining by telephone:

The ZOOM video conference ID is 826 3030 7240

Passcode: 549549

Joining by ZOOM Video Conference
Log in on your computer at 

https://us02web.zoom.us/j/82630307240?pwd=TU4yZXJqMEc2VGZoUm5rRTl0OVFxdz09

or by using the Zoom app on your smartphone.

Joining by Telephone

Dial (408) 638-0968. The conference ID is 826 3030 7240. Passcode: 549549.

About BankCard Services, LLC

In 2015, BankCard Services, LLC and GBank entered into a sponsorship and program management agreement, with subsequent amendments, whereby, among other things, GBank agreed to sponsor certain prepaid programs and BCS agreed to act as program manager for those prepaid programs. BCS continues to maintain business relationships with various entities that have customers who may benefit from the prepaid programs.

BCS developed its proprietary “Pooled Player Account Powered by PIMS™” and the “Pooled Consumer Account Powered by CIMS™,” which provide the Pooled Account structure with FDIC-insured individual accounts that enable digital cashless transactions for clients’ customers.

About GBank Financial Holdings Inc.

GBank Financial Holdings Inc. (the “Company”) (GBFH), a bank holding company with approximately $963.5 million in assets at March 31, 2024, conducts business through its wholly owned subsidiary, GBank (formerly known as “Bank of George“) (the “Bank”). Founded in 2007, the Bank operates two full-service commercial branches in Las Vegas, Nevada, with primary lending activities focused on engaging clients in Nevada, California, Utah, and Arizona. GBank has key businesses in three prominent divisions: SBA Lending, Gaming FinTech, and Commercial Lending. The Bank conducts business nationally through its SBA lending activities (ranked 6th in the nation by the U.S. Small Business Administration for SBA 7(a) dollar loan volume through December 31, 2023) and its BankCard Services, LLC (“BCS“) partnership. GBank’s Gaming Fintech Division was launched in 2016 with the GBank/BCS Agreement. BCS provides not only Sightline Payments Play+ Prepaid Card Programs for gaming operators, but also prepaid access programs granting GBank use and access to the BCS proprietary Player/Consumer Information Management System (“PIMS/CIMS”). PIMS/CIMS provides custodial accounts for the benefit of the player/consumer managed by GBank and insured by the FDIC. The Bank also provides general commercial banking services with an emphasis on serving the needs of small- and medium-sized businesses, high net worth individuals, professionals, and investors. The Bank offers a full complement of consumer deposit products and is focused on delivering a premium level of service. For more information about GBank, please visit its website at www.g.bank. The Company’s Common Stock is quoted on the US OTCQX Market under the symbol GBFH.

Cautionary Notice Regarding Forward-Looking Statements

This Press Release contains forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements include information concerning potential or assumed future results of operations of the Company and its subsidiaries. Such statements are made based on management’s beliefs and assumptions, and words like “believes,” “expects,” “anticipates,” or similar terminology indicate forward-looking statements. Factors that could affect the financial performance of the Company include, but are not limited to, ongoing challenges from the COVID-19 pandemic, credit risk, market interest rate changes, competition, economic downturns, or regulatory supervision. GBank Financial Holdings Inc. is under no obligation to revise these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/gbank-financial-holdings-inc-announces-restructuring-of-transaction-with-bankcard-services-llc-302157077.html

SOURCE GBank Financial Holdings Inc.

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This year’s 22nd Latinas & Power Symposium to Feature a Powerful line-up of Speakers that includes a Latina Billionaire Entrepreneur, a Latina actress and influential Latina leaders

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The Event will also now serve as fundraiser for its ‘Latinas in Leadership Institute’

HARTFORD, Conn., May 14, 2025 /PRNewswire/ — The 22nd Annual Latinas & Power Symposium boasts a powerful line-up of Latina speakers from across the country as well as inspiring local figures. Together, they will deliver a compelling message of inspiration and resilience, encouraging attendees to transcend boundaries and embrace their potential. This dynamic gathering aims providing tools and resources that enable Latinas to rise beyond limits, cultivating a lasting sense of community that endures well beyond the symposium.

This year, the Symposium has expanded its mission to include serving as a fundraising platform for the organization’s ‘Latina Leadership Institute’ (LiLi). A portion of the proceeds from the day’s events and activities will provide scholarships for participants who wish to join the program but face financial barriers.

With a theme of ‘Beyond Limits, Resilience, Confidence and Inspiring Leadership’ the Symposium will take place May 29th in Hartford at the Connecticut Convention Center and will be recorded for their YouTube channel.

Latinas & Power Corp. CEO, Marilyn Alverio stated, “The Symposium attracts an estimated 700 Latinas yearly from across Connecticut and surrounding states and during the past few years we’ve had attendees joining us from Miami, Chicago and Los Angeles. It is clear there is a need for these types of events where Latinas on a career track, entrepreneurs and our allies’ benefit from a unique platform for networking and collaboration. Attendees can look forward to a day filled with inspiring speakers, engaging panels, five breakout sessions, and this year the vendor marketplace sold out weeks in advance, featuring 40+ vendors”.

The annual and dynamic Latina Power Panel will tackle the critical issue of Latina underrepresentation across various sectors in the U.S. This engaging discussion will draw insights from the latest Lean In report, “The State of Latinas in Corporate America,” and will feature:

Carolyn Aronson, who is of Puerto Rican descent and the Founder & CEO of ‘It’s A Ten” a global hair product brand.Lisa Vidal, an American actor who has starred numerous films, Lifetime and BET drama series and founder of Hollywood based Latinas Acting Up.Elizabeth Flores. VP of News @ NBC10-Telemundo62, Philadelphia-NBC Universal-Comcast.Daisy Auger Dominguez. Author, Public Speaker. Cross Sector Global leader.

Additional National speakers are:

Theresa Gonzales, CEO of Latinasb2b.marketing and the Latinas from The Block to The Boardroom Podcast.Ellie Nieves, President & CEO of Leadership Strategies for Women.

Local Leaders
Connecticut’s own inspirational Latina Speakers include Yvette Melendez, President and Founder of YMR Consulting, Madeline Negron, Superintendent, New Haven Public Schools, Maly Rosado, Founder of Connecticut Latinas in Politics (CLIP) and Migdalia Cruz, Lead Volunteer – State and National, AARP. Joining them is Larisa Kottke, CEO Leadership Greater Hartford and Tanu Rishi, Financial Literacy Educator and Founder of FiWe (Financial Wellness).

The Latinas in Leadership Institute is a dynamic virtual platform that provides a comprehensive six-month certificate program aimed at developing leadership and advocacy skills. Beginning with a three-day retreat to build community, participants engage in facilitator-led coursework, assess their individual strengths, and learn from subject matter experts on social justice issues affecting the Latino community. Throughout the program, participants explore their personal leadership and communication styles, as well as their inclusive leadership approaches. This holistic training provides tools and resources that enable them to become more effective leaders and managers, positioning them for future growth opportunities.

The Institute’s program provides an enriching 12-week series of sessions focused on cultivating a growth mindset, embracing authenticity, enhancing leadership influence, and fostering civic engagement. Throughout the program, participants will benefit from expert speakers covering essential topics such as negotiation skills and personal branding on LinkedIn. The program concludes with a comprehensive three-month capstone research project, exploring critical areas like financial literacy and wealth management, educational disparities, and health equity.

The highly successful LiLi program is currently in its 4th cohort, to date 58 Latinas from all career levels have participated. For more details and to apply, please visit the link below:

https://www.latinasandpower.com/institute/latinas-in-leadership/about-lili

As we have since our first Symposium in 2004, we are inviting 100 high school students from under-resourced schools. This year, the students will be joining us from Wallingford, New Britain, Waterbury and New Haven.

A special thank you goes out to our title sponsor, Liberty Bank and our presenting sponsors: AARP, It’s A 10, Travelers and CT Public Television.

About Latinas & Power and its programs

Latinas & Power was Founded in 2004 as a network of like-minded Latinas searching a place where they could connect from a cultural and background perspective. The first Latinas & Power Symposium held that same year, became an annual event. For the past 22 years, the event has made a significant impact on thousands of Latina professionals nationwide by emphasizing skills development, success strategies, entrepreneurship, and personal growth. The organization achieves its mission through four core programs

The Latina Leadership Institute – A comprehensive program designed to cultivate leadership skills among Latina professionals.The Annual Symposium – A flagship event that brings together Latina leaders and aspiring professionals for networking, learning, and empowerment.La Mesa Latina – An online community that connects Latinas across the country to discuss relevant topics, share insights on products and services, identify job opportunities, and provide small business owners with a platform to promote their offerings through La Marqueta, a virtual marketplace.Latina & Power Webinars – Engaging online sessions focused on leveraging social media for professional growth and business success.

Through these initiatives, the Latinas & Power Symposium continues to foster a supportive environment that elevates the Latina experience and inspires them to continue thriving in their careers and communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/this-years-22nd-latinas–power-symposium-to-feature-a-powerful-line-up-of-speakers-that-includes-a-latina-billionaire-entrepreneur-a-latina-actress-and-influential-latina-leaders-302454245.html

SOURCE Latinas & Power Corp

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TARA Media and Triton Digital Partner to Enhance Programmatic Audio Advertising

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Adding Programmatic Audio to TARA Media Buying Platform Optimizes Advertisers’ Access to Streaming Audio Inventory

CHICAGO, May 14, 2025 /PRNewswire/ — As advertisers seek to capitalize on the growth of streaming audio, TARA Media, a full service, data-driven marketing agency, is excited to announce its integration with Triton Digital, the global technology and services leader in the digital audio, podcast, and broadcast radio industries. The partnership expands programmatic audio advertising for marketers and advertisers within the TARA Media Buying Platform enhancing strategic omnichannel capabilities.

“Triton Digital is an audio media market leader and we are proud to offer TARA Media’s brand and agency clients unique access to Triton’s programmatic audio inventory alongside other programmatic media channels while maintain household level-targeting within the platform,” said Jeffrey Kaplan, CEO of TARA Media. “This helps streamline media buying for advertisers eliminating the need to go multiple suppliers for each media channel.”

TARA Media’s robust Media Buying Platform maximizes advertiser transparency, precision and performance across multiple channels—including CTV, OTT, Online Video, Display, and Native advertising—with advanced targeting and data-driven insights.

“The power of audio in today’s media market is only growing as advertisers want network-level access to the leading audio inventory,” said Rebecca Dalby, VP of Demand at Triton Digital. “We are excited to enable TARA Media to connect its brand and agency clients with direct access to high-quality, brand-safe audio inventory as a part of their omnichannel media buying platform.”

About Triton Digital 
Triton Digital® is the global technology and services leader to the digital audio, podcast, and broadcast radio industries. Operating in more than 80 countries, Triton provides innovative technology that enables broadcasters, podcasters, and online music services to build their audience, maximize revenue, and streamline their day-to-day operations. In addition, Triton powers the global online audio industry with Webcast Metrics®, the leading streaming audio measurement service and Podcast Metrics, one of the first IAB certified podcast measurement services in the industry. With unparalleled integrity, excellence, teamwork, and accountability, Triton remains committed to connecting audio, audience, and advertisers to continuously fuel the growth of the global audio industry. For more information, visit www.TritonDigital.com.

About TARA Media
TARA Media Strategies is a full-service marketing agency that taps into a unique combination of technology, data and media expertise to design and execute outcome-driven digital media campaigns for agencies, brands and nonprofits. Helping navigate today’s complex marketing ecosystem, TARA Media’s digital ad programs fuel growth through creative campaigns built on comprehensive audience data and executed through a proprietary all-in-one media buying platform that offers unrivaled affordability, speed and transparency. Founded in 2017, TARA Media is a business-unit of holding company TARA Group. For more information, visit www.tara.media.

View original content to download multimedia:https://www.prnewswire.com/news-releases/tara-media-and-triton-digital-partner-to-enhance-programmatic-audio-advertising-302454175.html

SOURCE TARA Media

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Teamwork Commerce’s Clint Ridenour to Speak at Future Stores 2025

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TAMPA, Fla., May 14, 2025 /PRNewswire/ — Teamwork Commerce, a global retail management and leading omnichannel solution, has today announced that Clint Ridenour, Technical Services Director and Client Success Manager, will be speaking at Future Stores 2025, featured on the event’s day one panel, Making the Store Your Best Customer Engagement Tool. The session takes place on June 4, 11:20am11:50am at the event. With a deep history of driving retail customer success through technology, Clint will discuss the importance of showcasing brands through store design, boosting customer engagement and creating meaningful interactions.

“I focus on helping retailers turn complex challenges into actionable strategies that drive measurable results.”

Future Stores 2025 focuses on bridging digital and in-store experiences. The event will feature case studies, panels, and tech demonstrations, exploring experiential retail, omnichannel strategy, and cutting-edge store design. The event brings together senior retail executives to explore the evolving role of physical stores, with a range of high-profile speakers from some of the world’s biggest retailers and technology companies.

Physical retail isn’t just about transactions. It is about experiences. Featured on the panel alongside fellow retail thought leaders, Clint will explore how successful retailers use their stores to immerse customers in the brand and create a seamless journey through omnichannel integrations. He will highlight the importance of fostering a sense of community within stores to understand what consumers want, and the role in which Teamwork Commerce plays in the transformation for meaningful customer interactions.

Clint Ridenour, Technical Services Director and Client Success Manager, Teamwork Commerce said: “My true passion lies in bridging the gap between retail operations and cutting-edge technology solutions that not only meet but exceed client expectations. I focus on helping retailers turn complex challenges into actionable strategies that drive measurable results. I’m looking forward to sharing my knowledge and insights during the Future Stores panel to empower and uplift retailers in their operational physical store strategies.”

The Teamwork Commerce solution is a powerful, unified technology stack designed to empower retailers worldwide and meet the needs of the ever-changing retail landscape. Teamwork Commerce will be located at booth 7 featuring its RFID-Powered Self-Checkout and Enterprise Point-of-Sale (POS) and Order Management System (OMS). Teamwork Commerce’s RFID-Powered Self-Checkout solution allows customers to complete their checkout transactions within seconds, automatically scanning items with unparalleled accuracy. This enables retailers to delivery top-tier customer experiences and enhance consumer satisfaction.

About Teamwork Commerce
Teamwork Commerce is a flexible tech stack for retailers that includes POS, OMS, Clienteling, Inventory Control and Reporting – a cloud-based system that is constantly evolving to provide cutting-edge technology to meet the needs of the ever-changing retail landscape. With Teamwork’s omnichannel solution, retailers gain a deeper understanding of their customers to provide personalised experiences through invisible technology. Trusted by top retailers globally including Moose Knuckles, Colorado Rockies, Asics, Milwaukee Bucks, Catbird and Paul Stuart. Learn more at https://www.teamworkcommerce.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/teamwork-commerces-clint-ridenour-to-speak-at-future-stores-2025-302453989.html

SOURCE Teamwork Commerce

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