M&A Update – July 8

– BZH received an unsolicited proposal at $32.00 cash per share from DFH
– TBRG shareholders approved IKS merger, closing July 9
– ESPR shareholders approved ARCHIMED buyout
– AFBI shareholders approved Fidelity BancShares merger
– RMAX / REAX filed S-4/a, votes Aug 14, closing H2 2026
– ARX.to / SHEL cleared Competition Canada
– ESPR vote
– CPRX vote

SPAC Update – July 8

– FDMMU $275 million IPO
– CATLU filed S-1 for $200 million IPO
– DAAQ filed 424b3 for Old Glory Bank deal, vote July 31, NAV $10.44
– BCAR filed DEFM14a for Exascale Labs deal, vote July 29, NAV $10.36
– LCCC filed DEF14a to extend deadline to Aug 1 2027, vote July 27, NAV $10.44
– NOEM filed DEF14a to extend deadline to June 22 2027, vote July 21, NAV $10.54
– CEPO redemption
– LPAA redemption
– PLMK redemption

M&A Update – July 7

– CRNX to be acquired by VRTX for $85.00 cash per share, 102.2% premium, $8.8 billion
– ISC.to / Plenary Americas LP (La Caisse) deal closed
– OLPX / Henkel AG deal closed
– PLZ-u.to received unsolicited proposal at $5.28 per unit from Axia Real Assets LP
– TMHC / BRK/B cleared HSR
– GBTG filed DEFM14a, cleared HSR June 22, closing H2 2026
– TWO shareholders approved CrossCountry Mortgage merger, closing Aug 2026
– TBRG vote
– ALPXU split

SPAC Update – July 7

– BCCQU $300 million IPO
– SVAC stockholders approved General Fusion deal, no redemption figures given
– EURK stockholders approved deadline extension to July 3 2027, 2.7 million shares redeemed, 275k shares remain
– NHIC filed F-4 for newcleo deal
– RENEF filed PRE14a to extend deadline to Aug 5 2027
– PCSC redemption

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