M&A Update – July 28

– AVNS / American Industrial Partners deal closed
– LPRO / ANV Group Holdings tender successful
– AFBI / Fidelity BancShares filed delisting notice, closing Aug 1

SPAC Update – July 28

– CATLU $200 million IPO
– FVN stockholders approved MicroTouch deak, 3.8 million shares redeemed, 2.0 million shares remain
– RFAI filed 424b3 for Nanyang Biologics deal, vote Aug 19, NAV $11.08
– NOEM announced 5.9 million shares redeemed, 1.0 million shares remain
– KVAC stockholders approved deadline extension to July 27 2027, 936k shares redeemed, 105k shares remain
– RENEF redemption

M&A Update – July 27

– FBRX to be acquired by ARGX for $77.00 cash per share, 40.6% premium, $2.2 billion
– LXFR to be acquired by Wynnchurch Capital for $17.37 cash per share, 30.7% premium, $507.6 million
– TWO / CrossCountry Mortgage filed delisting notice, closing Aug 3
– ACA / CRH filed PREM14a, filed Investment Canada July 17, filed Australia ACCC July 21, filed Mexico COFECE July 23, closing Q1 2027
– LPRO tender expires
– WBD / PSKY agreed to not close merger until legal challenges are resolved or June 1 2027, whichever comes first

SPAC Update – July 27

– RACC announced a business combination with Oak Hill Bio
– RENEF announced a business combination with InoBat
– XTERU filed S-1 for $200 million IPO
– BRRKU filed S-1 for $150 million IPO
– KIIU filed S-1 for $150 million IPO
– HVII filed S-4/a for ONE Nuclear Energy deal
– CAEAU pulled S-1
– YXCA abandoned S-1
– IBAC filed S-4 for GNQ deal
– KVAC extension vote
– LCCC extension vote
– RENEF postponed extension vote to July 30
– GRAF ticker change to TONT
– LTGRU split
– FTRAU split
– BCAR redemption
– IPCX redemption

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