Company: GDOT
Filing Date: 2025-11-24
Form Type: 425
Source: 0001140361-25-043029
Chunk: 7

Company: GREEN DOT CORP
Filing Date: 2025-11-24
Form: 425
Chunk 7
---
 or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer 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. -3- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

| Date: November 24, 2025 | GREEN DOT CORPORATION 
 By:                   | /s/ Amy Pugh              |
|:------------------------|:----------------------|:--------------------------|
|                         |                       | Name:  Amy Pugh           |
|                         |                       | Title:    General Counsel |

-4-

Exhibit 99.1

**Green Dot Corp. Announces Strategic Transactions with Smith Ventures and CommerceOne Financial Corp.**

| • | Smith Ventures to Acquire and Privatize Green Dot Corp.’s Non-Bank Assets and Operations, to be Run as an Independent Fintech and Embedded Finance Company |

| • | CommerceOne to Acquire Green Dot Bank and Form a Publicly Traded Bank Holding Company that Serves as Fintech’s Exclusive Issuing Bank |

| • | Strategic Transactions Unlock Innovation, Diversification and Growth Opportunities for Each Company |

**PROVO, Utah and BIRMINGHAM, Ala. – Nov. 24, 2025 – Green Dot Corporation (NYSE: GDOT) today announced it has entered into agreements to be acquired by Smith Ventures and CommerceOne Financial Corporation. Smith Ventures will acquire and privatize Green Dot’s non-bank financial technology business assets and operations, which will continue running as an independent and growth-focused fintech and embedded finance company. Additionally, CommerceOne will acquire Green Dot Bank and its associated assets and operations, and together, they will become a new publicly traded bank holding company that serves as the fintech’s exclusive issuing bank. Under the terms of the transactions:**

| - | Upon completion of the acquisition, each share of Green Dot will be exchanged for $8.11 in cash and 0.2215 shares of the new publicly traded bank holding company that will own CommerceOne’s existing business, including CommerceOne Bank 
 and Green Dot Bank. Former Green Dot shareholders will own