ZimCal (BIMIZCI) Calls Out Medallion Financial's Latest Attempt at Distracting From its Core Underperformance by Using MFIN's Favored Tactic of Personal Attacks

ZimCal Asset Management on behalf of BIMIZCI Fund LLC has issued a longer response to Medallion Financial's June 4, 2026 press release, which BIMIZCI describes as inaccurate and misleading. The response walks through MFIN's central claims point-by-point and contrasts them with the written record. It also documents Medallion's prior pattern of personal attacks on critics — many of whom were later proven right about the taxi medallion industry, which ultimately resulted in $260 million in MFIN loan write-offs through 1Q26.

BIMIZCI notes that MFIN's accusations and half-truths are designed to overwhelm the reader and urges stockholders to read both this response and BIMIZCI's May 28, 2026 Rebuttal Deck for a more comprehensive answer.

Stockholders of record as of April 13, 2026 are urged to vote the BLUE universal proxy card FOR Eric Kelly, John Kiernan, and Tim Shanahan before the June 9, 2026 Annual Meeting. Even stockholders who have already voted the WHITE card can change their vote today by voting the BLUE card — only the most recent vote counts. Voting instructions are available at restoretheshine.com/vote.