M&A Update – July 1

– SSTK / GETY resolved not to proceed with divestiture of Shutterstock’s editorial business under the supervision of the CMA, to terminate merger July 6
– JHG / Trian Fund Management / General Catalyst deal closed
– BLD / QXO deal closed
– STEL / PB deal closed
– SEM / Consortium deal closed
– BLN.to / Francisco Partners deal closed
– VAL / RIG cleared CFIUS, entered timing agreement with DOJ
– TSX closed

SPAC Update – July 1

– OSPRU $261 million IPO
– TLACU filed S-1 for $100 million IPO
– CEPO postponed deal vote to July 10
– AESPU split
– SVAC redemption

M&A Update – June 30

– LCII to be acquired by PATK for 1.244x shares, 15.8% premium, $3.9 billion
– BLD / QXO shareholders approved merger, closing July 1
– AVB / EQR filed S-4, closing H2 2026
– LPRO / ANV Group Holdings launched tender offer, expires July 27
– GNK / DSX extended hostile tender offer to July 10
– ISC.to shareholders approved Plenary Americas LP buyout

SPAC Update – June 30

– AAC/U $300 million IPO
– CEPT stockholders approved Securitize deal, 6.8 million shares (28.5%) redeemed, 17.2 million shares remain
– MBAV filed DEF14A to extend deadline to Aug 2 2027, withdraw interest from trust account, and change name to Velos Acquisition I, vote July 17, NAV $10.86
– DAAQ filed S-4/a for Old Glory Bank deal
– FVN filed 424b3 for MicroTouch deal, vote July 23, NAV $10.90
– CEPO redemption
– PLMK adjourned extension vote to July 10

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