M&A Update – July 20

– TXNM / Blackstone Infrastructure extended outside date to Mar 31 2027, unwinding the voided 2025 stock transaction, closing H1 2027
– AFBI / Fidelity BancShares received all required regulatory approvals, closing Q3 2026
– ALOT / Arcline Investment Management filed PREM14a, filed HSR July 1

SPAC Update – July 20

– NOEM signed LOI with a Texas-based operating oil and gas company
– FGMC / BXBL deal closed
– CAPN filed F-4/a for Mango Financial deal
– VII/U split
– BIDWU split

M&A Update – July 17

– AVNS / American Industrial Partners filed delisting notice, closing July 27
– BNT shareholders approved BN merger, closing by year end 2026
– CCRN shareholders approved Knox Lane buyout, closing Q3 2026

SPAC Update – July 17

– FORL / Xiaoyu Dida deal terminated
– AMACU $250 million IPO
– PHAXU filed S-1 for $175 million IPO
– PLMK stockholders approved deadline extension to July 16 2027, 13.5 million shares redeemed, 3.7 million shares remain, NAV $10.71
– DGACU split
– NOEM redemption

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