Safe Harbor Financial Signs Non-Binding Term Sheet to Combine with Opifex Media, Creating a Nasdaq-Listed Diversified Holding Company
Globe Newswire•26/10/2026•08:24 ET
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Key Highlights
- ➤Opifex security holders would own 85% of the combined company at closing
- ➤Safe Harbor received Nasdaq compliance through April 19, 2027
- ➤Opifex valuation contemplated at not less than $50 million
- ➤Combined company may receive up to $1.0 million direct investment
- ➤Safe Harbor has processed more than $36 billion across 41 states and territories
Expert Statements
Terry Mendez, Chief Executive Officer and Chief Financial Officer of Safe Harbor
“Today’s announcement is an important step for Safe Harbor and our stockholders”
Terry Mendez, Chief Executive Officer and Chief Financial Officer of Safe Harbor
“This proposed combination is intended to bring a growth-oriented creator-economy platform into our public company and to meet Nasdaq listing standards at closing.”
Terry Mendez, Chief Executive Officer and Chief Financial Officer of Safe Harbor
“Greg Newman brings decades of experience building and scaling technology companies to the combined company’s board, and we believe this combination creates a compelling path forward for our stockholders.”
Greg Newman, Chairman of Opifex Media
“The creator economy represents a significant opportunity to build a portfolio of complementary media businesses with established audiences and valuable intellectual property”
Greg Newman, Chairman of Opifex Media
“Our strategy is to acquire and grow platforms that serve creators, connect their audiences and create additional opportunities for monetization.”
Greg Newman, Chairman of Opifex Media
“We believe a combination with Safe Harbor provides the right public-company foundation for that vision, and we are committed to supporting the continued operation of Safe Harbor’s cannabis financial services business.”
Combined company would operate two distinct businesses under one parent: Opifex’s creator-economy platform and Safe Harbor’s established cannabis financial services business
Technology pioneer Greg Newman to serve as Chairman of the combined company
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