M&A Update – July 14

– XOMA / LGND deal closed
– GTLS / BKR filed delisting notice, closing July 16
– RPAY rejected unsolicited $5.25 proposal from Forager Capital Management
– KSI.to / Thoma Bravo announced ISS and Glass Lewis recommend vote For
– RMAX / REAX cleared HSR
– APGE / ABBV filed DEFM14a, vote Aug 11, closing Q3 2026
– HUN / OLN filed DEFM14a, vote Aug 25, closing H1 2027
– WBD / PSKY / Attorney General Bonta filed lawsuit to block merger
– ARX vote
– NSA vote
– NUVL tender expires, filed delisting notice, closing July 15

SPAC Update – July 14

– TAVI announced LOI for a business combination with Vita Inclinata Technologies
– SCII terminated letter of intent with a payments technology company
– JONEU $200 million IPO
– MTRLU filed S-1 for $200 million IPO
– LPAA stockholders approved deadline extension to Jan 15 2027, 21.2 million shares redeemed, 1.8 million shares remain, NAV $10.83
– ALIS filed S-4/a for GoodVision deal
– BRKHU split

M&A Update – July 13

– TCBK to be acquired by FHB for 2.095x shares, 17.7% premium, $2.0 billion
– ESPR / ARCHIMED deal closed
– KORE / Searchlight Capital Partners / Abry Partners filed delisting notice, closing July 21
– NSA / PSA expect to close merger July 22
– GNK / DSX extended hostile takeover offer to July 24
– IHS / MTN Group Limited filed proxy statement, vote Aug 4, closing in 2026
– CZR go-shop expires
– XOMA vote

SPAC Update – July 13

– SVAC / GFUZ deal closed
– HVII filed S-4/a for ONE Nuclear Energy deal
– RFAI filed F-4/a for Nanyang Biologics deal
– IPEX filed PRE14a to extend deadline
– TVIVU split
– PCSC redemption

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