Dec 5 (Reuters) - On Deck Capital Inc ONDK.N :
* ONDECK ANNOUNCES AGREEMENT TO COMBINE CANADIAN OPERATIONS WITH EVOLOCITY FINANCIAL GROUP
* ON DECK CAPITAL INC - NEW ENTITY WILL BE GOVERNED BY A BOARD OF DIRECTORS CHAIRED BY ONDECK CEO NOAH BRESLOW
* ON DECK CAPITAL INC - ONCE INTEGRATED, THESE TWO COMPANIES WILL BE BRANDED AS ONDECK CANADA
* ON DECK CAPITAL INC - NEW ENTITY WILL BE COMPRISED OF EXISTING ONDECK AND EVOLOCITY MANAGEMENT
* ON DECK CAPITAL INC NEIL WECHSLER WILL SERVE AS CHIEF EXECUTIVE OFFICER OF ONDECK CANADA
* ON DECK CAPITAL INC - COMBINED ENTERPRISE WILL BE MAJORITY OWNED BY ONDECK
* ON DECK CAPITAL INC - ONDECK WILL MAKE SUPPLEMENTAL CASH INVESTMENTS SUCH THAT ONDECK WILL OWN A MAJORITY INTEREST IN NEW COMBINED ENTITY