M&A Update – May 13

– KEY.to/r / KEY.to deal closed
– CSGS / NEC Corporation filed delisting notice, closing May 14
– MPX / MCFT filed delisting notice, closing May 15
– MCW / Leonard Green & Partners filed delisting notice, closing May 19
– APLS tender expires

SPAC Update – May 13

– BREZU $125 million IPO
– TEACU filed S-1 for $75 million IPO
– TAVI filed DEF14a to extend deadline to Mar 5 2026, vote June 2, NAV $10.59
– WENC/U split

M&A Update – May 12

– SNCY / ALGT filed delisting notice, closing May 13
– GME / EBAY rejected unsolicited proposal
– TWO / CrossCountry Mortgage / ISS recommends vote Against due to competing UWMC $12.50 bid
– CSGS / NEC Corporation cleared CFIUS, all required regulatory approvals received
– KW commenced $1.8 billion notes offering for FFH.to merger
– ASCU.to shareholders approved HBM.to merger, closing Q2 2026
– APLS / BIIB cleared HSR
– NSA / PSA filed S-4, closing Q3 2026
– MPX / MCFT votes
– CCO vote
– EHAB vote

SPAC Update – May 12

– BAYA filed DEF14a to extend deadline to Dec 19 2026, vote May 28, NAV $12.03
– FVN filed S-4 for MicroTouch deal
– ALF filed PRER14a to extend deadline
– CAEP deal vote
– GPAT extension vote

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