Model N, Inc. (MODN) has been acquired by Vista Equity Partners Management LLC in a cash transaction. As per the terms of the deal, positions will be closed at USD 30 per share.
HireRight Holdings Corp. (HRT) has been acquired by General Atlantic LP and Stone Point Capital LLC in a cash transaction. As per the terms of the deal, positions will be closed at USD 14.35 per share.
Vericity, Inc. (VERY) has been acquired by iA Financial Corporation, Inc. in a cash transaction. As per the terms of the deal, positions will be closed at USD 11.43 per share.
Apartment Income REIT Corp. (AIV) has been acquired by Blackstone Real Estate Partners X LP in a cash transaction. As per the terms of the deal, positions will be closed at USD 39.12 per share.
NexPoint Diversified Real Estate Trust (NXDT) has distributed a stock dividend with the ratio of 0.0315079715 shares for every 1 share held at market close on May 14th, 2024.
NanoString Technologies, Inc. (NSTGQ) has been delisted. Positions will be closed at USD 0 per share.
Also, a quick reminder that the US market will close earlier than usual tomorrow, July 3rd, due to Independence Day. You’ll be able to trade until 5 PM GMT, after which the market will close and will remain closed on July 4th as well. The US trading schedule will return to normal on Friday, July 5th.
UnipolSai Assicurazioni SpA (US) has been acquired - awaiting further details.
Akili, Inc. (AKLI) has been acquired - awaiting further details.
AP Acquisition Corp. (APCA) has been liquidated. Positions will be closed at USD 11.50 per share.
Sientra, Inc. (SIENQ) has been liquidated. Positions will be closed at USD 0 per share.
Prysmian SpA (PRYMY) acquired Encore Wire Corp in a cash transaction. As per the terms of the deal, positions will be closed at USD 290 per share.
Scotgold Resources Ltd. (SGZ) has been liquidated. Positions will be closed at GBX 0 per share.
TSR, Inc. (TSRI) has been acquired by Vienna Parent Corp. in a cash transaction. As per the terms of the deal, positions will be closed at USD 13.40 per share.
FNCB Bancorp, Inc. (FNCB) has been acquired by Peoples Financial Services (PFIS). As per the terms of the deal, shareholders are entitled to receive 0.146 shares in PFIS per every 1 share held in FNCB. FNCB Bancorp, Inc. positions will be closed at USD 0 per share.
Codorus Valley Bancorp, Inc. (CVLY) has been acquired by Orrstown Financial Services (ORRF). As per the terms of the deal, shareholders are entitled to receive 0.875 shares in ORRF per every 1 share held in CVLY. Codorus Valley Bancorp, Inc. positions will be closed at USD 0 per share.
Here are all corporate events executed on Thursday, 04.07.2024:
Six Flags Entertainment Corp. (SIX) has been acquired by CopperSteel HoldCo (FUN). As per the terms of the deal, shareholders are entitled to receive 0.58 shares in FUN per every 1 share held in SIX. Six Flags Entertainment Corp. positions will be closed at USD 0 per share. In addition to that, CopperSteel HoldCo, Inc. has been renamed to Six Flags Entertainment Corporation.
Zoltav Resources, Inc. (ZOL) has been delisted. Positions will be closed at GBX 0 per share.
Visiomed Group SACA (ALVMG) changed its name to Klea Holding. The ticker was also changed to ALKLH.
Aberforth Split Level Income Trust PLC (ASIT) has been acquired by Aberforth Geared Value & Income Trust (AGVI). As per the terms of the deal, shareholders are entitled to receive 0.8484 shares in AGVI per every 1 share held in ASIT. Aberforth Split Level Income Trust PLC positions will be closed at GBX 0 per share.
Everbridge, Inc. (EVBG) has been acquired by Thoma Bravo LLC in a cash transaction. As per the terms of the deal, positions will be closed at USD 35 per share.
Inrad Optics, Inc. (INRD) has been acquired by Luxium Solutions LLC in a cash transaction. As per the terms of the deal, positions will be closed at USD 1.10 per share.
Akili, Inc. (AKLI) has been acquired by Virtual Therapeutics in a cash transaction. As per the terms of the deal, positions will be closed at USD 0.43 per share.
Smurfit Kappa Group PLC (SKG) changed its name to Smurfit WestRock PLC. The ticker was also changed to SWR.
WisdomTree US High Yield Corporate Bond Fund (WFHY) changed its ticker to QHY.
Westrock Co. (WRK) has been acquired - awaiting further details.
Security National Financial Corp. (SNFCA) has distributed a stock dividend with the ratio of 1 share for every 20 shares held at market close on June 5th, 2024.
Henderson EuroTrust PLC (HNEI) has been acquired by Henderson European Focus Trust. As per the terms of the deal, shareholders are entitled to receive 0.838534 shares in HEFT per every 1 share held in HNEI. Henderson EuroTrust PLC positions will be closed at GBX 0 per share.
JKX Oil & Gas PLC (JKX) has been liquidated. Positions will be closed at GBX 17.03 per share
Asics Corp. (7936) has completed a 4-for-1 stock split.
Westrock Co (WRK) has been acquired by Smurfit WestRock. As per the terms of the deal, shareholders are entitled to receive 1 shares in SW per every 1 share held in WRK. Westrock Co positions will be closed at USD 5 per share.
National Western Life Group, Inc. (NWLI) has been acquired by Prosperity Life Insurance Group LLC in a cash transaction. As per the terms of the deal, positions will be closed at USD 500 per share.
AFC Gamma, Inc. (AFCG) has completed its spin-off of Sunrise Realty Trust, Inc. (SUNS) with a ratio of 1 SUNS share for every 3 AFCG shares held at market close on July 10th, 2023.
Overseas Shipholding Group, Inc. (OSG) has been acquired by Saltchuk Resources, Inc. in a cash transaction. As per the terms of the deal, positions will be closed at USD 8.5 per share.
Lyxor STOXX Europe 600 Construction & Materials UCITS ETF (CSTD) has been acquired by Amundi STOXX Europe 600 Industrials (INDU). As per the terms of the deal, shareholders are entitled to receive 0.8730835 shares in INDU per every 1 share held in CSTD. Lyxor STOXX Europe 600 Construction & Materials UCITS ETF positions will be closed at CHF 0 per share.
Cambridge Bancorp (CATC) has been acquired by Eastern Bankshares, Inc. As per the terms of the deal, shareholders will receive 4.956 shares of Eastern Bankshares, Inc. for each share held in Cambridge Bancorp.
Taisho Pharmaceutical Holdings Co Ltd (TAIPY) has been delisted. Positions will be closed at USD 13.29 per share.
OceanTech Acquisitions I Corp. (OTAC) has been delisted. Positions will be closed at USD 11.20 per share.
TClarke PLC (CTO) has been acquired by Regent Acquisitions Ltd. in a cash transaction. As per the terms of the deal, positions will be closed at GBX 160 per share.
Beluga NV (BELU) has been delisted. Positions will be closed at EUR 2.20 per share
Cambridge Bancorp (CATC) has been acquired by Eastern Bankshares (EBC). As per the terms of the deal, shareholders are entitled to receive 4.956 shares in EBC for every 1 share held in CATC. Cambridge Bancorp positions will be closed at USD 0 per share.
Danimer Scientific, Inc. (DNMR) has completed a corporate action, resulting in the distribution of Danimer Scientific, Inc. - Warrant Expiring 03 May 2029 (DNMRW) with a ratio of 1 DNMRW warrant for every 3 DNMR shares held at market close on May 9th, 2024.
Argonaut Gold, Inc. (AR) has been acquired by Alamos Gold (AGI). As per the terms of the deal, shareholders are entitled to receive 0.0185 shares in AGI per every 1 share held in AR. Argonaut Gold, Inc. positions will be closed at CAD 0 per share.
Hywin Holdings Ltd. (HYW) changed its name to Santech Holdings Limited. The ticker was also changed to STEC.
AIB Acquisition (AIBAF) changed its name to PS International Group Ltd. The ticker was also hagned to PSIG.
Astra Space, Inc. (ASTR) has been acquired by Apogee Parent, Inc. in a cash transaction. As per the terms of the deal, positions will be closed at USD 0.50 per share.