M&A Update – Sept 15

– BRY to be acquired by CRC for 0.0718x shares, 15.0% premium, $717 million
– MEG board rejects revised SCR offer, reaffirms support for CVE transaction
– SAND / RGLD filed management information circular, vote Oct 9, closing Q4 2025
– HCU.to / RGLD filed management information circular, vote Oct 9, closing Q4 2025
– THTX shareholders approved Future Pak merger
– CYBR / PANW filed S-4, filed HSR Sept 4, closing between Feb and July 2026
– ZK shareholders approved Geely Automobile merger
– ZIMV HSR expires
– YMAB tender expires
– HLVX tender expires