M&A Update – June 18

– RUP.to / AEM.to deal closed
– CNTA / LLY filed delisting notice, closing June 24
– JHG / Trian Fund Management / General Catalyst secured the regulatory approvals and client consents required, closing June 30
– PNG/r.to / Covelya Group received all regulatory approvals, closing July 2
– MDV / GNL filed S-4/a, vote Aug 10, closing Q3 2026
– WBD / PSKY cleared China SAMR

SPAC Update – June 18

– WLCOU $200 million IPO
– TVIVU $150 million IPO
– TDAC stockholders approved deadline extension to June 24 2027, 2.6 million shares redeemed, 14.7 million shares remain, NAV $10.70
– MACI stockholders approved deadline extension to Dec 20 2026, 12.1 million shares redeemed, 3.9 million shares remain, NAV $10.89
– FSHP stockholders approved deadline extension to June 20 2027, 1.5 million shares redeemed, 1.6 million shares remain
– RANG extension vote
– CUB extension vote
– IACQU split

M&A Update – June 17

– GNK / DSX bumped unsolicited proposal to $27.34 in cash + stock
– VROY.to / ELE.to filed management information circular, vote July 10, closing Q3 2026
– ESPR / ARCHIMED cleared HSR
– LEG / SGI filed Competition Canada June 12
– ISC.to / Plenary Americas LP (La Caisse) cleared Competition Canada
– GTWO.to shareholders approved GMIN.to merger
– OGN / SUNP filed DEFM14a, vote July 23, closing early 2027

SPAC Update – June 17

– SVAQ announced a business combination with EigenQ
– CAES $250 million IPO
– MTAKU filed S-1 for $200 million IPO
– ATAC/U filed S-1 for $100 million IPO
– ALF stockholders approved deadline extension to June 12 2027, 23.8 million shares redeemed, 4.9 million shares redeemed, NAV $10.89
– QSEA extension vote postponed to June 18
– TDAC extension vote
– CXIIU split
– FORL redemption

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