Case Type: Mergers & Acquisitions

EMCORE Corporation (NASDAQ: EMKR), relating to its proposed merger with Velocity One Holdings, LP. Under the terms of the agreement, EMCORE stockholders will receive $3.10 per share of EMCORE common stock they own.

Kidpik Corp. (NASDAQ: PIK), relating to its proposed merger with Nina Footwear Corp. Under the terms of the agreement, Nina Footwear stockholders will be issued shares of common stock of Kidpik and upon closing, Nina Footwear’s stockholders will own 80% of Kidpik’s outstanding common stock.

Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL), relating to its proposed merger with Delta Corp Holdings Limited. Under the terms of the agreement, shareholders of Kaival Brands will receive 1 share of Delta for each share of Kaival Brands common stock they own, and are anticipated to own approximately 10.30% of the combined company.

William Penn Bancorporation (Nasdaq: WMPN), relating to its proposed merger with Mid Penn Bancorp, Inc.. Under the terms of the agreement, William Penn will merge with Mid Penn in an all-stock transaction valued at approximately $127 million, based on Mid Penn’s closing stock price of $31.88 as of October 30, 2024. According to the terms of … Read more

Insight Select Income Fund (NYSE: INSI), relating to the proposed acquisition of the assets of INSI by KKR Income Opportunities Fund (“KIO”). Under the terms of the agreement, shareholders of INSI will receive shares of KIO and will have the option to elect to receive up to 5% of the consideration in cash.

Paltalk, Inc. (Nasdaq: PALT), relating to its proposed merger with Newtek Technology Solutions, Inc. Under the terms of the agreement, Paltalk has agreed to pay Newtek an amount in cash equal to $4,000,000, subject to customary purchase price adjustments, and issue Newtek 4,000,000 shares of a newly created series of Paltalk’s preferred stock, the Series A … Read more

Nabors Industries Ltd. (NYSE: NBR), relating to its proposed merger with Parker Wellbore Co. Under the terms of the agreement, Nabors will acquire Parker Wellbore’s issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar.

Carlyle Secured Lending, Inc. (NASDAQ: CGBD), relating to a proposed merger with Carlyle Secured Lending III. Under the terms of the agreement, shareholders of CSL III will receive newly issued shares of CGBD common stock based on the Exchange Ratio, calculated to a formula set forth in the merger agreement.

Lumos Pharma Inc. (Nasdaq: LUMO), relating to its proposed merger with Double Point Ventures LLC. Under the terms of the agreement, Double Point Ventures will acquire Lumos Pharma’s outstanding shares of common stock for $4.25 per share in cash, plus one non-transferable unsecured Contingent Value Right per share payable on achievement of certain milestones.

Arcadium Lithium plc (NYSE: ALTM), relating to a proposed merger with Rio Tinto. Under the terms of the agreement, Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share.