South Mountain Merger Corp

BTRS Holdings, Inc. engages in the provision of cloud-based software and integrated payment processing solutions that simplify and automate business-to-business commerce. Its products include credit management, cross-channel invoicing, payment solutions, business payments network, collection management, and customer support and consulting services. The company was founded by Flint A. Lane on February 28, 2019 and is headquartered in Lawrenceville, NJ.

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There was a lot of SPAC merger news for investors to digest this week. For a quick refresher, dive in with InvestorPlace.

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BTRS Holdings

Billtrust (BTRS) has completed its merger with SPAC South Mountain Merger (SMMC) and shares of its stock are trading publicly on Wednesday. The post Billtrust SPAC Merger News: 11 Things to Know About BTRS Stock as Shares Begin Trading Today appeared first on InvestorPlace.

Billtrust SPAC Merger News: 11 Things to Know About BTRS Stock as Shares Begin Trading Today

Billtrust, which works in accounts receivable automation and integrated B2B payments, has completed a special purpose acquisition company (SPAC) merger with South Mountain Merger Corp., according to a press release. A SPAC merger means that the company is allying with a blank-check investment firm to help it go public without undergoing the process of an […]

Billtrust Finishes SPAC Merger To Go Public

NEW YORK, PHILADELPHIA and LAWRENCEVILLE, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) -- BTRS Holdings Inc. (“Billtrust”), a B2B accounts receivable automation and integrated B2B payments leader, and South Mountain Merger Corp. (“South Mountain”), a special purpose acquisition company, announced today the completion of their previously announced business combination. The business combination was approved by South Mountain's stockholders on January 12, 2021.

Billtrust and South Mountain Merger Corp. Announce Closing of Business Combination

LAWRENCEVILLE, N.J.--(BUSINESS WIRE)---- $SMMC--Billtrust, a leading provider of cloud-based software and integrated payment processing solutions, along with South Mountain Merger Corp. (Nasdaq: SMMC) ("South Mountain"), a publicly traded special purpose acquisition company, today announced financial highlights for Billtrust for the three- and nine-month periods ended September 30, 2020. Flint Lane, Founder and CEO of Billtrust, commented, "I am very pleased with our financial results, in particular our

Billtrust Announces Financial Highlights for the Three- and Nine-Month Periods Ended September 30, 2020

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Last week saw continued momentum in special purpose acquisition company (SPAC) mergers, as KBL Merger (NASDAQ: KBLM), Acamar Partners Acquisition Corp. (NASDAQ: ACAM), Panacea Acquisition Corp. (NYSE: PANA) and South Mountain Merger Corp. (NASDAQ: SMMC) each announced business combination agreements. How SPAC Mergers Work: SPACs are shell companies that raise capital in an initial public offering (IPO) in order to acquire an existing company and take it public, thereby helping the existing company circumvent the regulations involved in the IPO process.

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News for South Mountain Merger Corp Stock (SMMC)