Luther Burbank Corp. (LBC) has been acquired. As per the terms of the deal, shareholders will receive 0.3353 WaFd, Inc. shares for every share of Luther Burbank Corp.
FG Group Holdings, Inc. (FGH) has been acquired. As per the terms of the deal, shareholders will receive 1 FG Financial Group, Inc. share for every share of FG Group Holdings, Inc.
Physicians Realty Trust (DOC) has been acquired. As per the terms of the deal, shareholders will receive 0.6740 HealthPeak Properties, Inc. shares for every share of Physicians Realty Trust.
This time, I’ll gather all corporate events from the last 3 days. Of course, we’ll go back to the usual flow next week, posting these daily.
Also, before I list all of the executed events, I wanted to remind you that daylight savings time starts on March 10th in the United States & Canada. Due to this, US and Canadian markets will open and close 1 hour earlier than usual until March 28th.
Corporate events executed on Wednesday, 06.08.2024:
LXI REIT PLC (LXI) has been acquired. As per the terms of the deal, shareholders will receive 0.55 shares of LondonMetric Property PLC for each LXI share held.
Novozymes A/S (NVZMY) changed its name to Novonesis (Novozymes) B.
Tootsie Roll Industries, Inc. (TR) - stock dividend distributed. All shareholders received 0.03 shares for every 1 share held at market close on March 4th, 2024.
City Pub Group PLC (CPC) has been acquired by Young & Co’s Brewery (YNGA). As per the terms of the deal, shareholders are entitled to receive 0.032658 shares in YNGA for every 1 share held in CPC. City Pub Group PLC positions will be closed at GBX 0 per share.
Sopheon PLC (SPE) has been acquired in a cash transaction. As per the terms of the deal, positions will be closed at GBX 1000 per share.
Corporate events executed on Thursday, 07.08.2024:
Ambrx Biopharma, Inc. (AMAM) has been acquired in a cash transaction. As per the terms of the deal, positions will be closed at USD 28 per share.
Belvoir Group PLC (BLV) has been acquired in a stock transaction. As per the terms of the deal, shareholders will receive 0.8064 new shares of The Property Franchise Group PLC for each share held.
Ambrx Biopharma, Inc. (AMAM) has been acquired by Johnson & Johnson (JNJ) in a cash transaction. As per the terms of the deal, positions will be closed at USD 28 per share.
Williams Rowland Acquisition Corp. (WRAC) has been delisted. Positions will be closed at USD 10.52 per share.
Vector Acquisition Corp II (VAQC) has been delisted. Positions will be closed at USD 10.69 per share.
Belvoir Group PLC (BLV) has been acquired by Property Franchise (TPFG). As per the terms of the deal, shareholders are entitled to receive 0.806377 shares in TPFG for every 1 share held in BLV. Belvoir Group PLC positions will be closed at GBX 0 per share.
One last reminder - the US & Canadian markets will continue to open and close an hour earlier for the next two weeks due to daylight savings time.
Societe pour l’Informatique Industrielle (SII) has been acquired in a cash transactions. As per the terms of the deal, positions will be closed at EUR 70 per share.
Sovos Brands, Inc. (SOVO) has been acquired by Campbell Soup Co. in a cash transaction. As per the terms of the deal, positions will be closed at USD 23 per share.
Science 37 Holdings, Inc. (SNCE) has been acquired in a cash transaction. As per the terms of the deal, positions will be closed at USD 5.75 per share.
Edify Acquisition Corp. (EACPU) has been delisted. Positions will be closed at USD 10.62 per share.
Lakeshore Acquisition II Corp. (LBBB) changed its name to Nature’s Miracle California, Inc. The ticker was also changed to NMHI.
Ayr Wellness, Inc. (AYRWF) - all non-tradable warrants are to be converted into tradable warrants. Current positions will be closed, and new positions with tradable warrants will be opened at the initial distribution ratio.
Textainer Group Holdings Ltd (TGH) has been acquired by Stonepeak Partners LP acquired in a cash transaction. As per the terms of the deal, positions will be closed at USD 50 per share.
Energem Corp. (ENCP) changed its name to Graphjet Technology. The ticker was also changed to GTI.
Abrdn China Investment Co (ACIC) has been acquired by Fidelity China Special Situations PLC. As per the terms of the deal, shareholders are entitled to receive 2.06481 shares in Fidelity China Special Situations PLC for every 1 share held in Abrdn China Investment Co. Abrdn China Investment Co positions will be closed at GBX 0 per share.
Here are all of the corporate events we went through on Monday, 25.03.2024:
MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8 2038 has completed a 1-for-10 stock split.
Cymabay Therapeutics, Inc. (CBAY) has been acquired by Gilead Sciences, Inc. in a cash transaction. As per the terms of the deal, positions will be closed at USD 32.5 per share.
Intrusion, Inc. (INTZ) has completed a 1-for-20 stock split.
Invesco Raymond James SB-1 Equity ETF (RYJ) changed its name to Invesco Bloomberg Analyst Rating Improvers ETF. The ticker was also changed to UPGD.
* voxeljet AG (VJET) has been delisted - awaiting further details.
Homology Medicines, Inc. (FIXX) has completed a 1-for-18 stock split.
Neighbourly Pharmacy, Inc. (NBLY) has been acquired by Persistence Capital Partners in a cash transaction. As per the terms of the deal, positions will be closed at CAD 18.50 per share.
Digital World Acquisition Corp. (DWAC) changed its name to Trump Media & Technology Group. The ticker was also changed to DJT.
Curo Group Holdings Corp. (CURO) has been moved to the OTC Markets. The ticker was also changed to CUROQ.
Field Trip Health & Wellness Ltd (FTHWF) has been delisted - awaiting further details.
MiX Telematics Ltd (MIXT) has been acquired in a stock transaction. As per the terms of the deal, shareholders will receive 0.1276 shares of Powerfleet, Inc. NJ for every 1 share held in MiX Telematics Ltd.
PGT Innovations, Inc. (PGTI) has been acquired by Miter Brands in a cash transaction. As per the terms of the deal, positions will be closed at USD 42 per share.
JPMorgan Global Growth & Income (JGGI) acquired JPMorgan Multi-Asset Growth & Income PLC (MATE). As per the terms of the deal, shareholders are entitled to receive 0.188492 shares in JGGI for every 1 share held in MATE. JPMorgan Multi-Asset Growth & Income PLC positions will be closed at GBX 0 per share.