Merged cells with formula value copied and pasted not working corrrectly

I have cell on a worksheet that has a formula to get the password from the workbooks database and display it in merged cells. Whether I Right click and copy or use the CTRL-C copy, when I paste that value in an online Login Form it gives me an invalid password.

If I put a formula in a blank cell and point it to the merged cells (i.e. = K21 the merged cells) I get the same value and if I copy and paste into the online Login Form it works OK.

I am attaching an image with full description of the problem.

Thank you in advance for your help.