Jul. 8 at 1:27 PM
$GLBZ doubles down on mortgage banking with
$750K VAWM acquisition, locking in seller Eric Tan through 2028 earnouts. Strategic move for revenue diversification, but questionable timing - buying into mortgage biz as rates hover near 4.25% and core banking ops bleed red ink. Show me the synergies.
https://www.sec.gov/Archives/edgar/data/890066/000110465925066307/tm2520043d1_8k.htm