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Investor Group Plans 24.9% Stock Purchase and Board Nominations at Farmers and Merchants Bancshares, Inc (FMFG) for 2025

Key Summary: On November 27, 2024, Barry J. Renbaum and Carol E. Renbaum (the "Investor Group") confirmed their intent to purchase 24.9% of the common stock and nominate Carol E. Renbaum and Bryan M. Renbaum for the board in 2025.

Market Cap: $44 million| Farmers and Merchants Bancshares, Inc. operates as the bank holding company for Farmers and Merchants Bank 

On November 27, 2024, Barry J. Renbaum and Carol E. Renbaum (the “Investor Group”) confirm their intent to purchase 24.9% of the common stock to profit from its potential appreciation over five years. They also plan to nominate Carol E. Renbaum and Bryan M. Renbaum for the board in 2025. Source

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