\nDave (\u201cDave\u201d or the \u201cCompany\u201d), the banking app on a mission to create financial opportunity that advances America\u2019s collective potential, today announced that Jason Wilk, Co-Founder and CEO, and Kyle Beilman, CFO, will be participating in the following virtual investor conferences in August. Dave and VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC), a special purpose acquisition company sponsored by Victory Park Capital, recently entered into a definitive agreement for a business combination that could result in Dave becoming a publicly traded company.\n<\/p>\n
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- \nOn Tuesday, August 10, 2021, the Company will be participating at the Wells Fargo 6th<\/sup> Annual Virtual FinTech & Technology Services Forum.\n<\/li>\n<\/ul>\n
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- \nOn Wednesday, August 11, 2021, the Company will be presenting at the Canaccord Genuity 41st<\/sup> Annual Growth Conference. The discussion will begin at 1:30pm ET.\n<\/li>\n<\/ul>\n
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- \nOn Thursday, August 12, 2021, the Company will be presenting at the Credit Suisse 4th<\/sup> Annual FinTech Conference. The discussion will begin at 1:00pm ET.\n<\/li>\n<\/ul>\n
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- \nOn Wednesday, August 18, 2021, the Company will be participating at the Needham 3rd<\/sup> Annual Virtual FinTech & Digital Transformation 1×1 Conference.\n<\/li>\n<\/ul>\n
\nThe Canaccord Genuity and Credit Suisse discussions will be available via live webcast and archived replay on Dave\u2019s investor relations website at https:\/\/investor.dave.com<\/a>.\n<\/p>\n
About Dave<\/b><\/p>\n
\nDave is the finance version of David and Goliath, challenging legacy banks and their $30 billion of overdraft fees. Dave is a banking app on a mission to create financial opportunity that advances America\u2019s collective potential. Dave’s financial tools, including its debit card and spending account, help more than 10 million customers bank, budget, avoid overdraft fees, find work and build credit. For more information, visit www.dave.com<\/a>.\n<\/p>\n
About VPC Impact Acquisition Holdings III, Inc.<\/b><\/p>\n
\nVPC Impact Acquisition Holdings III, Inc.\u2019s acquisition and value creation strategy is to identify, partner with and help grow a business in the Fintech industry headquartered or with operations in the United States. The Company\u2019s sponsor is an affiliate of Victory Park Capital, a global investment firm with a long track record of executing debt and equity financing transactions with some of the largest global Fintech companies. The firm was founded in 2007 and is headquartered in Chicago with additional resources in New York, Los Angeles and San Francisco. Victory Park Capital is privately held and a Registered Investment Advisor with the SEC. For more information, please visit: www.victoryparkcapital.com\/vih\/vpc-impact-acquisition-holdings-iii\/<\/a><\/p>\n
Additional Information and Where to Find It<\/b><\/p>\n
\nIn connection with the proposed transaction (the \u201cProposed Transaction\u201d), VPC Impact Acquisition Holdings III, Inc. (\u201cVPCC\u201d) intends to file a registration statement on Form S-4 that will include a proxy statement\/prospectus of VPCC. This press release is not a substitute for the proxy statement\/prospectus, that will be both the proxy statement to be distributed to holders of VPCC\u2019s common stock in connection with its solicitation of proxies for the vote by VPCC\u2019s stockholders with respect to the Proposed Transaction and other matters as may be described in the registration statement, as well as the prospectus relating to the offer and sale of the securities to be issued in connection with the Proposed Transaction. This document does not contain all the information that should be considered concerning the Proposed Transaction and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Transaction. VPCC\u2019s stockholders and other interested persons are advised to read, when available, the preliminary proxy statement\/prospectus included in the registration statement and the amendments thereto and the definitive proxy statement\/prospectus and other documents filed in connection with the Proposed Transaction, as these materials will contain important information about Dave, VPCC and the Proposed Transaction.\n<\/p>\n
\nInvestors and security holders and other interested parties are urged to read the proxy statement\/prospectus and any other relevant documents that are filed or will be filed with the SEC, as well as any amendments or supplements to these documents, carefully and in their entirety when they become available because they contain or will contain important information about Dave, VPCC, the Proposed Transaction and related matters.\n<\/p>\n
\nWhen available, the definitive proxy statement\/prospectus and other relevant materials for the Proposed Transaction will be mailed to stockholders of VPCC as of a record date to be established for voting on the Proposed Transaction. VPCC\u2019s stockholders will also be able to obtain copies of the preliminary proxy statement\/prospectus, the definitive proxy statement\/prospectus and other documents filed with the SEC, without charge, once available, at the SEC\u2019s website at www.sec.gov<\/a>. These documents (when they are available) can also be obtained free of charge from VPCC upon written request to VPCC by emailing vih3info@victoryparkcapital.com<\/a> or by directing a request to VPCC\u2019s secretary at c\/o Victory Park Capital Advisors, LLC, 150 North Riverside Plaza, Suite 5200, Chicago, IL 60606.\n<\/p>\n
No Offer or Solicitation<\/b><\/p>\n
\nThis communication is for informational purposes only and is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer 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, and otherwise in accordance with applicable law.\n<\/p>\n
Participants in Solicitation<\/b><\/p>\n
\nThis communication is not a solicitation of a proxy from any investor or securityholder. However, VPCC, Dave, and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from VPCC\u2019s stockholders in connection with the Proposed Transaction under the rules of the SEC. Information regarding VPCC directors and executive officers may be found in its registration statement on Form S-1, including amendments thereto, relating to its initial public offering, and other reports which are filed with the SEC. Additional information regarding the participants will also be included in the registration statement on Form S-4 that includes the preliminary proxy statement\/prospectus, when it becomes available. When available, these documents can be obtained free of charge from the sources indicated above.\n<\/p>\n
Cautionary Statement Regarding Forward-Looking Statements<\/b><\/p>\n
\nThis communication contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as \u201cwill likely result,\u201d \u201care expected to,\u201d \u201cwill continue,\u201d \u201cis anticipated,\u201d \u201cestimated,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cprojection,\u201d \u201coutlook\u201d or words of similar meaning. These forward-looking statements include, but are not limited to, statements regarding Dave\u2019s industry and market sizes, future opportunities for VPCC, Dave and the combined company, VPCC\u2019s and Dave\u2019s estimated future results and the Proposed Transaction, including the implied enterprise value, the expected transaction and ownership structure and the likelihood and ability of the parties to successfully consummate the Proposed Transaction. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.\n<\/p>\n
\nIn addition to factors previously disclosed in VPCC\u2019s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (i) inability to meet the closing conditions to the Proposed Transaction, including the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement; (ii) the inability to complete the Proposed Transaction due to the failure to obtain approval of VPCC\u2019s stockholders or Dave\u2019s members, the failure to achieve the minimum amount of cash available following any redemptions by VPCC\u2019s stockholders or the failure to meet the national stock exchange\u2019s listing standards in connection with the consummation of the Proposed Transaction; (iii) costs related to the Proposed Transaction; (iv) a delay or failure to realize the expected benefits from the Proposed Transaction; (v) risks related to disruption of management time from ongoing business operations due to the Proposed Transaction; (vi) the impact of the ongoing COVID-19 pandemic; (vii) changes in the markets in which Dave competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (viii) changes in the markets that Dave targets; (ix) risk that Dave may not be able to execute its growth strategies, including identifying and executing acquisitions; (x) risks relating to data security; and (xi) risk that Dave may not be able to develop and maintain effective internal controls. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of VPCC\u2019s final prospectus dated March 4, 2021 relating to its initial public offering, the registration statement on Form S-4 and proxy statement\/prospectus discussed above, when available, and other documents filed by VPCC from time to time with the SEC. These filings identify and address, or will identify and address, other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.\n<\/p>\n
\nActual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. There can be no assurance that the data contained herein is reflective of future performance to any degree. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. All information set forth herein speaks only as of the date hereof in the case of information about VPCC and Dave or the date of such information in the case of information from persons other than VPCC or Dave, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Forecasts and estimates regarding Dave\u2019s industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Annualized, pro forma, projected and estimated numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.\n<\/p>\n
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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210810005308\/en\/<\/a><\/span><\/p>\n
Dave
\n<\/b><\/p>\nMedia
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press@dave.com
\n<\/a><\/p>\nInvestors
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DaveIR@icrinc.com
\n<\/a><\/p>\nVPC Impact Acquisition Holdings III, Inc.
\n<\/b><\/p>\nMedia
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Jordan Niezelski, Edelman
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jordan.niezelski@edelman.com
\n<\/a><\/p>\n
- \nOn Wednesday, August 18, 2021, the Company will be participating at the Needham 3rd<\/sup> Annual Virtual FinTech & Digital Transformation 1×1 Conference.\n<\/li>\n<\/ul>\n
- \nOn Thursday, August 12, 2021, the Company will be presenting at the Credit Suisse 4th<\/sup> Annual FinTech Conference. The discussion will begin at 1:00pm ET.\n<\/li>\n<\/ul>\n
- \nOn Wednesday, August 11, 2021, the Company will be presenting at the Canaccord Genuity 41st<\/sup> Annual Growth Conference. The discussion will begin at 1:30pm ET.\n<\/li>\n<\/ul>\n