AI filing briefs · archive

8-K filings in July 2026, explained

1,916 material Form 8-K filings that 1,609 companies we cover made with the SEC in July 2026, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).

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DLXDELUXE CORP Jul 31, 4:50 PM ET

Deluxe closes $625 million Celero Commerce acquisition, funded by new credit facilities

Neutral m&a Written later 1.012.012.037.01

Deluxe completed its acquisition of Celero Commerce on July 31, 2026, for an approximate $625 million cash purchase price plus certain seller transaction expenses, subject to adjustments. The closing was funded by borrowings under a new $800 million term loan and a $400 million revolving credit facility, with JPMorgan Chase Bank, N.A. as administrative agent. The company expects the deal to be accretive to adjusted EPS in the first full year after closing and will provide updated 2026 guidance with its second quarter results on August 5, 2026.

  • Cash purchase price of approximately $625 million, plus certain seller transaction expenses and other adjustments
  • New senior secured credit facilities: $400.0 million revolving facility and $800.0 million term loan, maturing July 31, 2031 for the revolver
  • Expected more than $15 million in cost synergies; deal expected to be accretive to adjusted EPS in the first full year after closing
  • Updated full-year 2026 guidance to be given with second quarter results on August 5, 2026
Read the filing on SEC.gov ↗

Digital Asset Acquisition Corp. delays vote on Old Glory Bank deal to August 14

Neutral m&a Written later 8.01

Digital Asset Acquisition Corp. (DAAQ) said its extraordinary general meeting to approve its proposed business combination with Old Glory Holding Company (Old Glory Bank) will move from July 31, 2026 to 10:00 a.m. Eastern Time on August 14, 2026. The proposed resolutions are unchanged, and the July 29, 2026 deadline for redeeming Class A ordinary shares has already passed, so shareholders' vote on the deal is delayed by two weeks.

  • Meeting moved from July 31, 2026 to 10:00 a.m. ET on August 14, 2026, in New York and virtually.
  • Shareholders will vote on the proposed business combination with Old Glory Holding Company (Old Glory Bank), a Delaware corporation.
  • Share redemption deadline was July 29, 2026; the record date remains July 7, 2026.
  • The Form S-4 registration statement was declared effective by the SEC on July 6, 2026.
Read the filing on SEC.gov ↗
SOULSoulpower Acquisition Corp. Jul 30, 5:12 PM ET

Soulpower: BVI court approves Bank of Asia asset sale to SWB LLC, other conditions remain

Neutral m&a Written later 7.01

Soulpower Acquisition Corp. and SWB Holdings said the Virgin Islands Commercial Division court granted, on July 23, 2026, permission for the joint liquidators of Bank of Asia (BVI) Limited to sell certain assets to SWB LLC. The approval satisfies one of the conditions of the November 6, 2025 Asset Sale Agreement, but the filing says other conditions remain outstanding and SWB still needs a banking licence and deposit protection approval before it can engage in banking activities.

  • On July 23, 2026, the High Court granted the joint liquidators permission to sell certain Bank of Asia (BVI) Limited assets to SWB LLC or its affiliate, successor or designee.
  • Other Asset Sale Agreement conditions remain outstanding; SWB has submitted a banking licence application to the British Virgin Islands Financial Services Commission, which is under review.
  • The proposed business combination remains subject to closing conditions, including approval by Soulpower shareholders, and Pubco intends to file a Form S-4 registration statement.
Read the filing on SEC.gov ↗
YYAIAIRWA INC. Jul 30, 1:53 PM ET

AiRWA completes Best Life acquisition, paying $30 million in USDT for 97% stake

Neutral m&a Written later 2.017.01

AiRWA Inc. completed its acquisition of Hong Kong Best Life Trade Co., Limited on July 30, 2026, paying the seller $30 million in USDT for 100% of the shares of Best Life's holding company, which gives AiRWA a 97% equity interest. The remaining $20 million of the base purchase price is due within 90 days of closing, and the consideration includes contingent earn-out payments tied to previously disclosed revenue milestones. The filing does not disclose Best Life's financial results, so shareholders cannot yet judge the deal's effect on earnings.

  • Closed July 30, 2026, after being announced July 27, 2026
  • $30 million paid in USDT; remaining $20 million payable within 90 days of closing
  • AiRWA holds a 97% equity interest in Best Life; earn-outs depend on revenue milestones
  • Pro forma and acquired-business financial statements to be filed by amendment within 71 calendar days
Read the filing on SEC.gov ↗
PBFSPioneer Bancorp, Inc./MD Jul 29, 4:10 PM ET

Pioneer Acquires The College Advisor of New York, Launches College Advising Division

Neutral m&a Written later 8.01

Pioneer Bancorp, Inc. said on July 29, 2026, that it acquired The College Advisor of New York, a firm that provides college search and admissions guidance, and launched a College Advising Division. The filing does not state a purchase price or financial effect, so the deal's impact on shareholders is not quantified.

  • Acquisition of The College Advisor of New York announced July 29, 2026
  • Founder Dr. Dean Skarlis will lead the new division as Vice President of College Advising
  • The firm's existing team of coaches will continue providing college planning services
  • Pioneer reports more than $2 billion in assets and 23 banking offices in the Capital Region of New York
Read the filing on SEC.gov ↗
WSTNWestin Acquisition Corp Jul 28, 5:46 PM ET

Westin Acquisition agrees to merge with First Choice Healthcare, valued at $650 million

Neutral m&a Written later 1.015.017.01

Westin Acquisition Corp, a Cayman Islands special purpose acquisition company, signed a business combination agreement on July 22, 2026 with First Choice Healthcare Solutions, Inc. Under the deal, Westin will redomicile to Nevada as Wellgevity 360, Inc. and First Choice will become a wholly owned subsidiary, with the company valued at an equity value of up to approximately $650 million. The transaction requires shareholder and SEC approvals and is expected to close in the fourth quarter of 2026, so shareholders will face a vote and potential dilution from new shares issued.

  • Business combination agreement signed July 22, 2026; Westin to redomicile to Nevada as Wellgevity 360, Inc.
  • Equity value of up to approximately $650 million, paid in PubCo common stock
  • PIPE investors may buy up to $10,000,000 of PubCo preferred stock, with no subscription agreements executed yet
  • Transaction expected to close in the fourth quarter of 2026, subject to shareholder and SEC approvals
Read the filing on SEC.gov ↗
TAT&T INC. Jul 28, 4:23 PM ET

AT&T closes $23 billion EchoStar spectrum license purchase, funded partly by $14.5 billion term loans

Neutral m&a Written later 2.037.01

AT&T completed its previously announced purchase of wireless spectrum licenses from EchoStar for approximately $23 billion on July 28, 2026. The company drew $14.5 billion across two term loans to help fund the purchase, and it reiterated its second-quarter 2026 financial outlook and capital allocation plan.

  • Purchase price of approximately $23 billion in cash for 600 MHz and 3.45 GHz band licenses, closed July 28, 2026
  • Term loan draws: $11.5 billion on a two-year facility and $3.0 billion on a 364-day facility, under a $17.5 billion Delayed Draw Term Loan Credit Agreement with Bank of America, N.A. as agent
  • AT&T reiterated the financial outlook and capital allocation plan from its second-quarter 2026 earnings release
Read the filing on SEC.gov ↗
DRSLeonardo DRS, Inc. Jul 28, 11:30 AM ET

Leonardo DRS to acquire Raft LLC in all-cash deal valued at $450 million

Neutral m&a Written later 8.01

Leonardo DRS agreed to buy Raft LLC, a Virginia-based provider of open-architecture mission software and AI for data fusion, in an all-cash deal valued at $450 million. The company expects the deal to close in the fourth quarter of 2026 and to be accretive to Adjusted Diluted EPS in the first full year of ownership, subject to regulatory approvals.

  • Purchase price: $450 million all-cash, subject to customary post-closing adjustments
  • Expected tax benefit over 15 years with present value of approximately $50 million
  • Expected closing: fourth quarter of 2026; funding from cash on hand and revolving credit facility borrowings
  • Management will discuss the deal on the Q2 2026 earnings call on July 30, 2026
Read the filing on SEC.gov ↗
MSSMaison Solutions Inc. Jul 28, 6:03 AM ET

Maison Solutions to form Hong Kong AI software company with two Chinese investors

Neutral m&a Written later 1.01

Maison Solutions and its subsidiary AZLL signed a July 22, 2026 agreement to form Maison AI Limited, a Hong Kong company that will develop AI software for grocery retail and supply chains. AZLL would hold about 90.09% of the new company in exchange for contributing the Drem and WSYQR systems valued at $2,000,000, while two investors would pay $220,000 in cash for the remaining stakes.

  • AZLL would hold 200 of 222 shares (about 90.09%) after closing; Hangzhou Shengxianbao Technology and Yiwu Yanghan E-Commerce Firm would each pay $110,000 for 11 shares (about 4.96%).
  • The Software is valued at $2,000,000 and the company and its subsidiaries keep a perpetual, non-exclusive, royalty-free internal use license.
  • Cash payments are due in six monthly installments starting on or about September 1, 2026.
  • Closing is subject to conditions, and either side may terminate if it has not closed by March 31, 2027.
Read the filing on SEC.gov ↗
TALOTALOS ENERGY INC. Jul 27, 4:30 PM ET

Talos Energy to take 50% stake in Repsol-operated Block 29 offshore Mexico

Neutral m&a Written later 1.012.037.01

Talos Energy agreed to acquire a 50% working interest in Block 29 offshore Mexico, operated by Repsol, for a contingent $30 million payment at final investment decision, a cash carry of up to $20 million on the next exploration well, and reimbursement of certain pre-closing costs. The company also amended its credit agreement to raise capacity for Mexico project financing by $50 million, non-recourse to Talos, and to allow investments in the block without the usual free cash flow test before December 31, 2027. Closing depends on Mexican regulatory approvals, and the estimated resource figures are not reserves.

  • Talos will hold a 50% working interest in Block 29, with Repsol as operator and sole co-participant.
  • Contingent $30 million payment at FID, plus a cash carry of up to $20 million on the next exploration well.
  • Polok and Chinwol discoveries estimated at more than 200 MMBoe of gross recoverable resource; partners expect to reach FID in 2027.
  • Second Amendment dated July 22, 2026 adds $50 million of non-recourse project financing capacity, effective on deal closing.
Read the filing on SEC.gov ↗
LSCCLATTICE SEMICONDUCTOR CORP Jul 27, 4:24 PM ET

Lattice Semiconductor completes $1 billion AMI acquisition, borrows $925 million

Neutral m&a Written later 2.012.033.025.027.01

Lattice Semiconductor completed its acquisition of AMI on July 27, 2026, paying about $1 billion in cash and about 5.2 million shares and restricted stock units, subject to closing adjustments. The cash was funded from cash on hand and a $925.0 million term loan borrowed under the company's credit agreement, so the deal adds significant debt and share issuance for shareholders to weigh. The filing gives no AMI financial results; the company says it will provide them with its second quarter 2026 results on August 4, 2026.

  • Total consideration of about $1 billion in cash plus about 5.2 million shares and restricted stock units, subject to adjustments.
  • On July 27, 2026, Lattice borrowed $925.0 million under the delayed draw term loan facility to fund the cash consideration.
  • On July 27, 2026, Lattice issued 4,741,352 shares of common stock to the AMI sellers, with transfer restrictions releasing 25% per 90-day period.
  • The company will report AMI operating results with its second quarter 2026 results on August 4, 2026.
Read the filing on SEC.gov ↗
RACCResearch Alliance Corp III Jul 27, 8:18 AM ET

Research Alliance Corp III agrees to merge with Oak Hill Bio, a rare disease biotech

Neutral m&a Written later 1.013.027.01

SPAC Research Alliance Corporation III (RACC) signed a business combination agreement on July 26, 2026 to acquire 100% of OHB Pediatrics Ltd., doing business as Oak Hill Bio, in exchange for newly issued RACC common stock. The combined company would be renamed Oak Hill Bio, Inc. and trade on Nasdaq as OAKH, with closing expected by year-end 2026 subject to shareholder approval and other conditions.

  • Base equity value of $160 million, plus a SAFE amount, divided by $10.00 per share sets the share count issued to Oak Hill Bio shareholders
  • Expected gross proceeds of about $175 million, including $75 million from RACC's trust account backstopped by RA Capital and a $100 million private financing
  • RACC shareholders may redeem Class A shares for cash from the trust account in connection with the transaction
  • Either party may terminate if the deal is not closed within six months of the agreement date, subject to extension provisions
Read the filing on SEC.gov ↗
NOVTNOVANTA INC Jul 27, 8:15 AM ET

Novanta closes $1.2 billion acquisition of Riverpoint Medical

Neutral m&a Written later 2.012.037.01

Novanta completed its acquisition of Riverpoint Medical on July 23, 2026, paying the seller approximately $1.2 billion in cash, subject to customary adjustments, with a further $250.0 million milestone payment due by January 8, 2027. The company funded the deal by borrowing $616.0 million under its credit facilities and using cash on hand, bringing consolidated debt to $854.7 million as of July 22, 2026. The company expects the deal to add $0.18 to $0.25 of adjusted earnings per share in 2027, its first full year after closing.

  • Closed July 23, 2026, with approximately $1.2 billion paid in cash at closing
  • $250.0 million milestone payment remains payable to the seller on or before January 8, 2027
  • $616.0 million borrowed under revolving and delayed draw term loan facilities; consolidated debt $854.7 million as of July 22, 2026
  • Expected to contribute $0.18 to $0.25 of adjusted EPS in 2027; 2026 impact to be discussed on the second quarter earnings call
Read the filing on SEC.gov ↗
MTDRMatador Resources Co Jul 24, 7:00 AM ET

Matador Resources agrees to buy Paloma Permian for $1.275 billion in cash

Neutral m&a Written later 1.017.01

On July 22, 2026, Matador Resources agreed to buy Paloma Permian, LLC from EnCap Investments portfolio companies for $1.275 billion in cash, subject to customary adjustments, with closing expected in early fourth quarter 2026. The company also agreed to buy undeveloped acreage from Ridge Runner Resources II, LLC, and said it will fund both deals with cash on hand and borrowings under its reserve-based lending facility, which it expects to repay over 12 to 18 months after closing.

  • Paloma purchase price is $1,275,000,000 in cash, with $63,750,000 placed in escrow at signing.
  • Paloma assets include 16,235 net undeveloped acres in Eddy and Lea Counties, New Mexico, and estimated third quarter 2026 production of about 11,100 barrels of oil equivalent per day (57% oil), per the press release.
  • Closing is expected early in the fourth quarter of 2026, with an effective date of June 1, 2026.
  • Matador said its Rae's Creek Woodford test well recorded initial rates above 2,200 barrels of oil equivalent per day (72% oil) in a 24-hour test on June 29, 2026, and that the Ridge Runner deal would bring its Woodford position to about 50,
Read the filing on SEC.gov ↗
FRNMFreenome, Inc. Jul 23, 9:30 PM ET

Freenome completes PCSC business combination; 60.9% of shares carry registration rights

Freenome completed its business combination with PCSC, and the filing details the post-closing arrangements. Approximately 65,440,613 shares, about 60.9% of New Freenome common stock, are subject to registration rights, and Sponsor and certain former Freenome stockholders are restricted from transferring shares for six months after closing. Shareholders should note the potential for future resales and the new equity plans, which add shares available for issuance.

  • Amendment No. 1, dated July 20, 2026, reduced New Freenome's board from nine to seven directors following the Closing.
  • Under the Investor Rights Agreement, New Freenome must file a resale registration statement within 30 calendar days after the Closing Date.
  • Lock-up agreements bar transfers, with certain permitted exceptions, until six months after the Closing Date.
  • The 2026 Equity Incentive Plan initially reserves 14,773,227 shares, and the 2026 Employee Stock Purchase Plan initially reserves 2,462,204 shares.
Read the filing on SEC.gov ↗
EVIEVI INDUSTRIES, INC. Jul 23, 3:45 PM ET

EVI Industries to acquire Sudsies garment care assets in three deals

Neutral m&a Written later 1.013.028.01

On July 17, 2026, EVI Industries and its subsidiaries signed three asset purchase agreements to acquire substantially all assets of Sudsies and related entities, with consideration of $22.6 million, $4.0 million and $900,000. The deals open EVI's consumer garment care services division, and management expects them to be accretive to earnings for the fiscal year ending June 30, 2027. Closing is expected within 30 to 45 days, subject to conditions, and either side may terminate if closing has not occurred by September 1, 2026.

  • Transaction A: $22.6 million consideration, with $1.716 million held in escrow for at least 12 months
  • Transaction B: $4.0 million consideration, with $232,000 held in escrow for at least 12 months
  • Transaction C: $900,000 consideration, including $800,000 in cash and $52,000 in escrow
  • Closing expected within 30 to 45 days; termination right if not closed by September 1, 2026
Read the filing on SEC.gov ↗
AXTAAxalta Coating Systems Ltd. Jul 23, 9:04 AM ET

Axalta amends AkzoNobel merger agreement to revise post-merger governance terms

Neutral m&a Written later 1.018.01

On July 23, 2026, Axalta entered Amendment No. 2 to its merger agreement with AkzoNobel, changing governance terms for the combined company. The amendment sets annual re-election of all MergeCo directors after an initial three-year period and a two-thirds non-executive director approval threshold for specified matters during that period. The companies said the changes leave the August 5, 2026 AkzoNobel EGM and Axalta SGM on schedule, so shareholder votes are not affected by the amendment.

  • Annual re-election of all MergeCo directors after the initial three-year period; the press release says this was previously contemplated after five years.
  • Two-thirds non-executive director approval threshold during the initial three years for director appointments and dismissals, CEO, Deputy CEO and CFO changes, Chair and Vice Chair titles, and remuneration policy amendments; the press releas
  • AkzoNobel EGM and Axalta SGM planned for August 5, 2026 are proceeding with existing agenda items unaffected.
Read the filing on SEC.gov ↗

Canton Strategic Holdings sells Gravitas Life Sciences unit for $3.5 million note

Neutral m&a Written later 1.012.018.01

Canton Strategic Holdings, Inc. sold its biotech research subsidiary, Gravitas Life Sciences, LLC, to Gravitas Collective Corp., a buyer affiliated with three former directors, and the sale closed on July 17, 2026. The company received an unsecured $3.5 million promissory note plus contingent development milestone payments, and unaudited pro forma figures show smaller net losses had the sale occurred earlier.

  • Sold 100% of Gravitas Life Sciences, LLC, a clinical-stage biotech unit, to Gravitas Collective Corp.; the transaction closed July 17, 2026.
  • Consideration: unsecured promissory note of $3.5 million at 15% annual interest, paid in kind, maturing July 17, 2029, plus possible development milestone payments.
  • Buyer is affiliated with former directors Vincent LoPriore, Sireesh Appajosyula and Gary Stetz; an independent special committee reviewed the terms.
  • Unaudited pro forma net loss: $25.8 million for 2025 versus $35.9 million as reported; $45.5 million for Q1 2026 versus $47.3 million as reported.
Read the filing on SEC.gov ↗
NRIMNORTHRIM BANCORP INC Jul 23, 8:35 AM ET

Northrim BanCorp to acquire PBCO Financial in $167.3 million all-stock deal

Neutral m&a Written later 1.017.01

Northrim BanCorp agreed on July 22, 2026 to acquire PBCO Financial Corporation, the holding company of Oregon-based People's Bank of Commerce, in an all-stock merger valued at approximately $167.3 million. PBCO shareholders would receive 1.160 Northrim shares for each PBCO share, and the deal is expected to close in the fourth quarter of 2026 or early in the first quarter of 2027, subject to shareholder and regulatory approvals. The filing also marks Northrim's first out-of-state expansion and would increase the combined company's assets to about $4.2 billion, with PBCO shareholders owning about 21.1% of the combined company.

  • Exchange ratio: 1.160 Northrim shares per PBCO share; aggregate value about $167.3 million, or $32.36 per PBCO share, based on Northrim's $27.90 close on July 21, 2026
  • PBCO had about $776.6 million in assets, $570.1 million in gross loans and $610.1 million in deposits as of June 30, 2026
  • Termination fee of $6,692,331 payable by PBCO to Northrim under specified circumstances
  • Expected closing in the fourth quarter of 2026 or early in the first quarter of 2027, subject to shareholder and regulatory approvals
Read the filing on SEC.gov ↗
SCLXScilex Holding Co Jul 22, 5:30 PM ET

Scilex agrees to sell Vivasor preferred stock for $12.0 million in tranches through June 2027

Neutral m&a Written later 1.012.01

Scilex Holding Company agreed on July 18, 2026 to sell Vivasor Holding Company shares of Vivasor preferred stock it had acquired in January 2026, for an aggregate price of $11,999,762.28. Payment is scheduled in tranches through June 30, 2027, and Vivasor may pay in cash, in shares of Datavault AI common stock, or a combination. The buyer is led by Scilex CEO Dr. Henry Ji, who is also Vivasor's CEO, a related-party arrangement shareholders may want to weigh.

  • Agreement dated July 18, 2026; Scilex sells 6,101,468 Series A-1 and 355,919 Series A-2 Vivasor preferred shares
  • Aggregate purchase price of $11,999,762.28, with $999,980.97 due July 18, 2026 and $4,999,901.10 due on or before September 30, 2026
  • Remaining installments of $1,999,960.07 each fall due by December 31, 2026, March 31, 2027 and June 30, 2027
  • Dr. Henry Ji serves as Scilex CEO, President and Chairperson and as CEO of Vivasor
Read the filing on SEC.gov ↗
PSAPublic Storage Jul 22, 5:17 PM ET

Public Storage completes acquisition of National Storage Affiliates Trust

Neutral m&a Written later 1.012.012.033.023.035.037.01

On July 22, 2026, Public Storage said it had closed its acquisition of National Storage Affiliates Trust (NSA), with NSA common shares converted at 0.1400 Public Storage common share each. The company issued about 11.2 million common shares, and a joint venture holding 313 former NSA properties took on about $2.2 billion of debt. Public Storage expects the deal to be accretive to FFO per share within the first year after closing, with accretion rising to $0.35 to $0.50 per share once $110 to $130 million of run-rate synergies are realized over three to four years.

  • Exchange ratio: each NSA common share became 0.1400 of a Public Storage common share, plus cash for fractional shares
  • About 11,200,000 Public Storage common shares issued on the closing date
  • Joint venture of 313 properties, valued at about $3.2 billion, financed with about $2.0 billion mortgage and $237 million mezzanine loan
  • Expected synergies of $110 to $130 million over three to four years, with accretion of $0.35 to $0.50 per share
Read the filing on SEC.gov ↗
COCOVita Coco Company, Inc. Jul 22, 4:38 PM ET

Vita Coco completes $175 million acquisition of Copra, a Thai Nam Hom coconut water producer

Neutral m&a Written later 1.012.013.027.01

Vita Coco completed its acquisition of Copra, Inc. on July 22, 2026, with Copra becoming a wholly-owned subsidiary. Closing consideration was $175 million, paid partly in cash and partly in Vita Coco common stock, with up to $100 million more tied to Copra's 2028 results. The filing states that the acquisition does not materially affect Vita Coco's long-term Adjusted EBITDA margin target.

  • Closed July 22, 2026; Copra survives as a wholly-owned subsidiary of Vita Coco.
  • Closing consideration of $175 million: $140,000,210.59 in cash and 467,071 shares of Vita Coco common stock.
  • Earnout of at least $45 million and at most $100 million, based on Copra's 2028 Gross Profit, payable in cash, stock or both at Vita Coco's discretion.
  • Copra expects full-year 2026 Net Sales greater than $100 million; Vita Coco reports no change to its long-term financial targets.
Read the filing on SEC.gov ↗

Kensington Capital agrees to merge with Nth Cycle at $585 million enterprise value

Neutral m&a Written later 1.013.027.01

Kensington Capital Acquisition Corp. VI, a special purpose acquisition company, signed a business combination agreement on July 21, 2026, with critical minerals refiner Nth Cycle, Inc. Kensington will become a Delaware corporation renamed Nth Cycle Holdings, Inc., and its shares are expected to trade on the NYSE under the symbol NTH. The deal is expected to close in the fourth quarter of 2026, subject to shareholder approvals and other conditions, and implies a pro forma enterprise value of approximately $585 million.

  • Business combination agreement signed July 21, 2026; closing expected in the fourth quarter of 2026, subject to Kensington shareholder and Nth Cycle stockholder approvals
  • Implied pro forma enterprise value of approximately $585 million, assuming no Kensington redemptions
  • Up to $230 million in Kensington trust proceeds, subject to redemptions, plus a common stock PIPE of up to $100 million, with $40 million committed to date
  • Nth Cycle holders to receive New Nth Cycle common stock based on 50,700,200 shares divided by fully diluted capital, plus up to 20,000,000 earnout shares
Read the filing on SEC.gov ↗
APXTApex Treasury Corp Jul 22, 8:34 AM ET

Apex Treasury agrees to merge with TECfusions in $4.0 billion all-stock deal

Neutral m&a Written later 1.013.028.01

Apex Treasury Corp, a blank check company listed on Nasdaq as APXT, signed a business combination agreement with AI data center developer TECfusions, Inc. that values TECfusions at $4.0 billion. The deal would make TECfusions a publicly traded company, expected to trade as TECF, with closing anticipated in the fourth quarter of 2026 subject to Apex shareholder approval and other conditions.

  • Equity valuation of $4.0 billion; 400.0 million new shares of common stock issued to TECfusions stockholders at $10.00 per share
  • $35 million private placement (PIPE) from an institutional investor at the same $10.00 per share valuation
  • Closing requires Apex shareholder approval and at least $45.0 million in Available Closing Cash; outside termination date is March 31, 2027
  • Joint investor webinar scheduled for Tuesday, July 28, 2026 at 11:00am Eastern Time
Read the filing on SEC.gov ↗

Horace Mann to buy ESI and RNIC from Medical Mutual of Ohio for about $240 million

Neutral m&a Written later 1.012.03

Horace Mann Educators agreed to acquire Employee Services, LLC (ESI) and Reserve National Insurance Company (RNIC), and to reinsure MedMutual Life Insurance Company's group life and disability business, all from Medical Mutual of Ohio. The total net purchase price is approximately $240 million, financed with excess capital and borrowings under Horace Mann's existing revolving credit facility. The company expects the transactions to be immediately accretive to core earnings per share and shareholder return on equity.

  • Total net purchase price of approximately $240 million, funded by excess capital and revolving credit facility borrowings.
  • Company says the businesses add nearly $200 million in annual revenue, more than one million covered lives, and about 7,000 employer relationships.
  • ESI transaction expected to close in Q4 2026; RNIC and group life and disability reinsurance expected to close in Q1 2027, with RNIC also subject to regulatory approvals.
  • Conference call on the transactions scheduled for Wednesday, July 22, 2026, at 8:30 a.m. Eastern Time.
Read the filing on SEC.gov ↗

Innovative Solutions & Support completes $24.5 million Aydin Displays acquisition

Neutral m&a Written later 1.012.012.038.01

Innovative Solutions and Support, Inc. bought all membership interests of Sparton Aydin, LLC (Aydin Displays) from Sparton Corporation under a purchase agreement dated July 21, 2026. The company said the $24.5 million price is funded by borrowings of approximately $24.5 million under its existing J.P. Morgan Chase credit facility, which adds debt for shareholders to consider.

  • Purchase price of $24.5 million, subject to customary working capital, indebtedness and transaction expense adjustments
  • Acquisition financed by borrowings of approximately $24.5 million under the existing credit facility with J.P. Morgan Chase Bank, N.A.
  • Aydin is expected to generate calendar 2026 revenue of approximately $16 million, according to the press release
  • Seller agreed to a five-year covenant not to compete in the United States and Canada following the closing
Read the filing on SEC.gov ↗

DMAA amends Power Analytics merger deal, adds sponsor share forfeiture and rights offer

Neutral m&a Written later 1.01

Drugs Made In America Acquisition Corp. filed Amendment No. 3 to its merger agreement with Power Analytics Global Corp, dated July 14, 2026. The amendment requires the former sponsor to forfeit at least 50% of its founder shares, sets a $0.25 to $0.35 per-right tender offer for public rights, and restates minimum cash at a $30 million target and $15 million floor. Shareholders are affected by these changes to dilution, cash at closing, and the affiliated-party structure, which the filing says includes a fairness opinion condition.

  • Sponsor must forfeit at least 50% of founder shares and surrender 430,000 private placement rights for no consideration.
  • The company agreed to launch a cash tender, exchange offer, or consent solicitation for public rights at $0.25 to $0.35 per right, before or with the proxy mailing.
  • Minimum cash target is $30,000,000 with a $15,000,000 floor.
  • A contingent Amendment No. 4 for a possible three-party combination takes effect only if conditions are met by September 30, 2026.
Read the filing on SEC.gov ↗
CUBLionheart Holdings Jul 20, 4:43 PM ET

Lionheart Holdings signs letter of intent for merger with KEO Energy

Neutral m&a Written later 7.018.01

Lionheart Holdings, a special purpose acquisition company, said it signed a non-binding letter of intent dated July 15, 2026, with Keo Capital AB on behalf of KEO Energy for a potential business combination. The preliminary indicative pre-money enterprise value for KEO Energy is $400 million, and the parties target a definitive agreement by August 17, 2026, but no assurances are given that a deal will be reached.

  • Letter of intent dated July 15, 2026, announced July 20, 2026
  • Preliminary indicative pre-money enterprise value for KEO Energy of $400 million, subject to diligence and Venezuelan approvals
  • Definitive agreement targeted for August 17, 2026; closing requires OFAC authorization and Venezuelan governmental approvals
  • Lionheart holds approximately $200 million in its trust account
Read the filing on SEC.gov ↗
AHCOAdaptHealth Corp. Jul 20, 4:35 PM ET

AdaptHealth to sell Diabetes Health unit to Cardinal Health for $235 million

Neutral m&a Written later 1.01

AdaptHealth agreed on July 19, 2026 to sell substantially all assets of its Diabetes Health business to RGH Enterprises, a subsidiary of Cardinal Health, for $235.0 million in cash, subject to a working capital adjustment. The company says the sale lets it redeploy capital to core sleep and respiratory businesses and reduce debt, but it has not yet disclosed the financial effect, which it will cover on its August 4, 2026 earnings call.

  • Purchase price is $235.0 million in cash, with $8.0 million and $18.8 million placed in escrow at closing for price adjustment and indemnification obligations
  • Closing requires Hart-Scott-Rodino antitrust clearance and other customary conditions; either party may terminate if closing has not occurred within twelve months, and a $9.4 million termination fee applies in certain antitrust failure case
  • AdaptHealth agreed to a four-year non-compete in North America following closing
  • Company will discuss financial and guidance effects, including discontinued operations treatment, on its Q2 2026 earnings call on August 4, 2026
Read the filing on SEC.gov ↗
BGDEBig Digital Energy, Inc. Jul 20, 8:35 AM ET

Big Digital Energy closes $10 million Hood County, Texas site purchase in joint venture

Neutral m&a Written later 1.012.017.01

Big Digital Energy said its 50/50 joint venture with 10NetZero acquired 30 acres of the Hood County, Texas site for about $10 million in cash, with an option to buy the remainder for $600,000. The Company also agreed to lend 10NetZero $4.9 million to fund its share of the purchase, and 10NetZero's stake transfers to the Company if that loan is not repaid after its October 13, 2026 maturity.

  • The joint venture paid about $10 million in cash for 30 acres from Century Oaks Independence Farms, LLC on July 15, 2026.
  • The Company provided a $4.9 million JV Loan to 10NetZero, maturing October 13, 2026.
  • If the loan is not repaid in full within five months of maturity, 10NetZero's entire 50% interest transfers to the Company.
  • The site has 17 MW of operational power, with expansion to up to 111 MW of grid power subject to ERCOT validation.
Read the filing on SEC.gov ↗

Columbia Financial completes $1.67 billion offering; Northfield deal set to close July 20

Neutral m&a Written later 8.01

Columbia Financial, Inc. said it completed its firm commitment underwritten offering in its second-step conversion, selling 167,236,353 shares at $10.00 per share for total offering proceeds of $1.67 billion. The company also set the final merger consideration for its acquisition of Northfield Bancorp at an aggregate $580 million, with both transactions scheduled to close on July 20, 2026.

  • 167,236,353 shares sold at $10.00 each, for total offering proceeds of $1.67 billion
  • Existing Holding Company minority shares will be exchanged for 2.2000 shares of Company common stock
  • Northfield stockholders receive $14.25 in cash or 1.425 shares per share, for aggregate merger consideration of $580 million
  • Closing scheduled for July 20, 2026; shares expected to trade on Nasdaq as CLBK starting July 21, 2026
Read the filing on SEC.gov ↗
IPGPIPG PHOTONICS CORP Jul 17, 6:30 AM ET

IPG Photonics agrees to buy Lumibird Medical for €300 million in cash, closing expected Q4 2026

Neutral m&a Written later 1.017.01

IPG Photonics signed a put option agreement with Lumibird S.A. for the proposed acquisition of 100% of Lumibird Medical, a wholly owned subsidiary of the seller, for €300 million on a cash-free, debt-free basis, plus up to €50 million in contingent earnout tied to 2026 and 2027 performance. The company expects to fund the deal with cash on hand, and closing is expected in the fourth quarter of 2026, subject to a French works council consultation, French foreign direct investment authorization and other customary conditions. Shareholders should note the filing states the deal may not close on the anticipated timeline or at all.

  • Purchase price of €300 million on a cash-free, debt-free basis, payable in cash at closing, plus up to €50 million contingent earnout based on 2026 and 2027 metrics
  • Funding from cash on hand; closing expected in the fourth quarter of 2026
  • Put option becomes binding on IPG only after the seller delivers an exercise notice; if the seller does not exercise by the expiry date, it pays IPG €3.5 million
  • Lumibird Medical reported fiscal 2025 revenue of €112.2 million and IFRS EBITDA of €24.1 million, per the company's press release
Read the filing on SEC.gov ↗
BKRBaker Hughes Co Jul 16, 8:54 AM ET

Baker Hughes completes Chart Industries acquisition and borrows $2.0 billion

Neutral m&a Written later 1.011.022.012.037.01

Baker Hughes completed its acquisition of Chart Industries on July 16, 2026, with Chart stockholders receiving $210.00 in cash per share. To help fund the deal, subsidiary Baker Hughes Holdings LLC entered two term loan agreements on July 15, 2026, borrowed $2.0 billion under them, and terminated a previous $2.6 billion term loan facility with no termination penalties. The company is taking on more debt, and the filing says it targets $325 million in annualized cost synergies within three years and net leverage of 1.0-1.5x within 24 months.

  • Chart stockholders receive $210.00 in cash per share under the merger agreement
  • Baker Hughes Holdings borrowed $2.0 billion under two term loans, each maturing 2 years from funding
  • Target of $325 million in annualized cost synergies within three years after close
  • Chart reported $4.3 billion in revenue for fiscal 2025; Jim Apostolides named senior vice president to lead the Chart segment
Read the filing on SEC.gov ↗
ETSYETSY INC Jul 16, 8:30 AM ET

Etsy: UK regulator clears Depop sale to eBay; closing expected July 30, 2026

Neutral m&a Written later 1.01

Etsy and eBay amended their agreement for eBay to acquire Depop, Etsy's wholly owned subsidiary, on July 12, 2026. The UK Competition and Markets Authority cleared the transaction on July 15, 2026, and the parties expect it to close on July 30, 2026. The amendment also changes the termination fee terms and moves the purchase price adjustment measurement date to July 17, 2026.

  • The UK Competition and Markets Authority cleared the Depop sale on July 15, 2026; closing is expected July 30, 2026.
  • The Second Amendment, dated July 12, 2026, sets the termination fee payable to Etsy at $68 million for terminations after June 30, 2026 and on or before July 15, 2026, and at $158 million for terminations after July 15, 2026.
  • Purchase price adjustment items, other than transaction expenses, will be measured as of 12:01am GMT on July 17, 2026, and eBay will pay interest at SOFR plus 0.40% per annum from that date through closing.
Read the filing on SEC.gov ↗
NXPLNextPlat Corp Jul 15, 6:20 PM ET

NextPlat agrees to buy Scott's Pharmacy in Florida for $1.5 million in cash

Neutral m&a Written later 1.018.01

NextPlat's indirect subsidiary Progressive Care, LLC agreed on July 14, 2026 to acquire 100% of Scott's Pharmacy, LLC, a community pharmacy in Molino, Florida, for $1.5 million in cash, subject to an inventory adjustment. The filing says the pharmacy generated about $5.6 million in sales in 2025, and the deal is expected to expand NextPlat's PharmcoRx retail and contracted-services footprint in the panhandle region, though closing is not yet complete.

  • Purchase price is $1,500,000 in cash, with a $50,000 initial escrow deposit credited at closing and $50,000 held in escrow for indemnification for 18 months after closing.
  • Closing is targeted by September 30, 2026, with a one-time extension to October 31, 2026, available upon notice and an additional $50,000 deposit.
  • The Company has a 30-day due diligence period and must negotiate a lease for the premises; failure to do so allows termination without penalty.
  • Per the press release, the pharmacy had approximately $5.6 million in 2025 sales and retail margins of about 19%, and NextPlat's 2025 annual revenue was $54.3 million.
Read the filing on SEC.gov ↗
NOMANomadar Corp. Jul 15, 4:28 PM ET

Nomadar completes acquisition of about 290,000 sq meters of land in Spain for JP Financial Arena

Neutral m&a Written later 8.01

Nomadar Corp. said it completed the acquisition of approximately 290,000 square meters of land in El Puerto de Santa María, Cádiz, Spain, for the planned JP Financial Arena. The closing follows binding agreements signed in April and May 2026 and gives the company effective control over the entire land asset. The filing does not disclose a purchase price, and it contains no financial results or guidance.

  • Land totals about 290,000 square meters, including about 130,000 square meters from an April 2026 binding offer and about 161,000 additional square meters from a May 2026 binding agreement.
  • Closing was announced July 15, 2026, and Nomadar says it now has effective control over the entire strategic land asset.
  • The filing does not state the purchase price or how the acquisition will be funded.
Read the filing on SEC.gov ↗
FHBFIRST HAWAIIAN, INC. Jul 15, 4:23 PM ET

First Hawaiian agrees to acquire TriCo Bancshares in share-exchange merger

Neutral m&a Written later 1.01

On July 12, 2026, First Hawaiian, Inc. signed a merger agreement with TriCo Bancshares, under which TriCo will merge into a First Hawaiian subsidiary and then into First Hawaiian, followed by a bank merger of Tri Counties Bank into First Hawaiian Bank. TriCo shareholders will receive 2.095 First Hawaiian shares for each TriCo share, so the deal would dilute existing First Hawaiian shareholders and depends on shareholder, regulatory and registration approvals.

  • Exchange ratio: each TriCo common share converts into 2.095 First Hawaiian common shares, with cash paid in lieu of fractional shares
  • Termination fee of $80 million payable by either party in certain circumstances
  • Four TriCo directors will join the First Hawaiian board at the effective time
  • Closing requires stockholder and shareholder approvals, Federal Reserve, FDIC and state regulatory approvals, and effectiveness of a Form S-4 registration statement
Read the filing on SEC.gov ↗
LGNDLIGAND PHARMACEUTICALS INC Jul 14, 9:20 AM ET

Ligand completes $739 million acquisition of XOMA Royalty

Neutral m&a Written later 1.012.012.037.01

Ligand Pharmaceuticals completed its merger with XOMA Royalty on July 14, 2026, paying $39.00 per share in cash plus one contingent value right (CVR) per share, for a total equity value of approximately $739 million. In connection with the closing, Ligand entered an amended credit agreement providing a $125.0 million revolving credit facility maturing September 12, 2028. Ligand expects the deal to be immediately accretive, but CVR holders may receive no payment, depending on the outcome of pending litigation at XOMA Royalty.

  • Consideration: $39.00 per XOMA Royalty share in cash plus one CVR per share, with total equity value of approximately $739 million
  • Ligand expects the deal to add approximately $0.50 per share to projected 2026 adjusted EPS and $1.50 per share to projected 2027 adjusted EPS
  • Amended Credit Agreement provides a $125.0 million revolving credit facility maturing September 12, 2028, secured by certain collateral and guaranteed by material domestic subsidiaries
  • Ligand will provide an updated 5-year outlook at its Investor Day on December 8, 2026
Read the filing on SEC.gov ↗
FBNCFIRST BANCORP /NC/ Jul 14, 8:45 AM ET

First Bancorp agrees to acquire First Carolina Bancshares in $166 million deal

Neutral m&a Written later 1.018.01

First Bancorp (Nasdaq: FBNC) signed a merger agreement to acquire First Carolina Bancshares Corporation, parent of Carolina Bank & Trust of Florence, South Carolina, in a deal with an aggregate value of $166 million. The filing says the deal is expected to close in the fourth quarter of 2026 or early in the first quarter of 2027, subject to First Carolina shareholder approval and regulatory approvals, and that the companies expect First Bancorp's quarterly earnings release on July 22, 2026 to be in line with market expectations.

  • Consideration to First Carolina shareholders: 14.5340 First Bancorp shares plus $294.94 in cash per First Carolina share, based on First Bancorp's $64.22 share price as of July 13, 2026
  • Total consideration includes 1,967,017 First Bancorp shares and $40 million in cash
  • Carolina Bank & Trust had approximately $831 million in assets, according to the press release
  • Under certain circumstances, First Carolina may owe First Bancorp a $6.4 million termination fee; the agreement can be terminated if the merger is not completed by June 30, 2027
Read the filing on SEC.gov ↗
DIODDIODES INC /DEL/ Jul 14, 8:15 AM ET

Diodes to acquire ElevATE Semiconductor for $250 million in all-cash deal

Neutral m&a Written later 1.017.01

Diodes Incorporated agreed on July 10, 2026, to acquire ElevATE Semiconductor, a San Diego fabless chip designer for automated test equipment, through a merger. The base price is $250.0 million in cash, subject to adjustments, plus up to $50.0 million in earnout payments tied to 2027 through 2030 revenue and gross margin targets. The deal is subject to closing conditions including HSR Act clearance and is expected to close in the second half of 2026.

  • Base purchase price of $250.0 million in cash, subject to customary adjustments for cash, debt, transaction costs, taxes and working capital
  • Earnout of up to $50.0 million based on post-closing revenue and gross margin thresholds for calendar years 2027 through 2030
  • Diodes expects ElevATE to add approximately $50 million of revenue in the first twelve months after closing
  • Expected close in the second half of 2026, subject to regulatory approvals including the HSR Act waiting period
Read the filing on SEC.gov ↗
TAVITavia Acquisition Corp. Jul 13, 5:09 PM ET

Tavia Acquisition signs LOI with Vita Inclinata for $450 million go-public deal

Neutral m&a Written later 7.01

On July 13, 2026, Tavia Acquisition Corp. and Vita Inclinata Technologies signed a non-binding letter of intent for a business combination that would make Vita a publicly traded company through a de-SPAC transaction. The proposed transaction values Vita at a pre-money enterprise value of $450 million, assuming Vita completes a pending strategic acquisition in the defense and industrials market. The companies state that a definitive agreement is expected within 30 days, but the filing says no assurance can be given that a deal will be signed or completed on the contemplated terms.

  • Non-binding LOI sets a pre-money enterprise value of $450 million for Vita, assuming Vita completes a pending defense and industrials acquisition
  • Definitive agreement expected within the next thirty days; closing anticipated in the fourth quarter of 2026
  • Parties agreed to a 45-day exclusivity period for due diligence and negotiation of a Business Combination Agreement
  • Filing states no assurance that a definitive agreement will be reached or that the deal will close on the terms or timeframe contemplated
Read the filing on SEC.gov ↗
SKILSkillsoft Corp. Jul 10, 4:22 PM ET

Skillsoft completes sale of Global Knowledge unit; initial consideration about $5.4 million

Neutral m&a Written later 2.017.01

Skillsoft completed the sale of its Global Knowledge training business to an affiliate of Enduring Ventures on July 6, 2026. Initial consideration of approximately $5.4 million was paid in a seller note, and deferred consideration of $10.0 million, less about $2.0 million for long-term employee liabilities, is due in installments starting nine months after closing. The filing shows the business's pre-sale results removed from continuing operations, so Skillsoft's reported results will reflect a smaller, AI-focused skills platform.

  • Closing date was July 6, 2026; buyer is EHJob GP LLC, an affiliate of Enduring Ventures
  • Initial consideration of approximately $5.4 million, funded by a seller note payable July 31, 2026 ($2.0 million of principal extendable to October 31, 2026)
  • Deferred consideration of $10.0 million, less about $2.0 million, payable in five equal quarterly installments starting nine months after closing
  • If the business is sold again within three years of closing, Skillsoft is entitled to 30% of net sale proceeds
Read the filing on SEC.gov ↗
RFAMRF Acquisition Corp III Jul 9, 5:52 PM ET

RF Acquisition Corp III signs $500 million business combination deal with HCC Healthcare

Neutral m&a Written later 1.017.01

RF Acquisition Corp III, a special purpose acquisition company, signed a Business Combination Agreement with HCC Healthcare Pte. Ltd., a Singapore private company whose operating subsidiaries are in Taiwan. If completed, RF Acquisition Corp III will merge into a subsidiary of HCC Healthcare, and HCC Healthcare expects its shares to be listed on Nasdaq or the NYSE. The deal requires approval by RF Acquisition Corp III shareholders and an effective Form F-4, with closing expected in the fourth quarter of 2026.

  • HCC Healthcare's pre-transaction equity value is set at $500,000,000 on a fully diluted basis, with each ordinary share valued at $10.00 after its recapitalization.
  • RF Acquisition Corp III will merge into Merger Sub, which will become a wholly owned subsidiary of HCC Healthcare.
  • Closing is expected in the fourth quarter of 2026, subject to shareholder approval, effectiveness of the Form F-4, and listing approval.
  • Either party may terminate if the closing has not occurred within 270 days after the agreement date, among other conditions.
Read the filing on SEC.gov ↗
RDZNRoadzen Inc. Jul 9, 4:40 PM ET

Roadzen signs deal to buy European car rental insurance agent for up to £12 million

Neutral m&a Written later 1.017.01

Roadzen's India subsidiary agreed on July 3, 2026 to buy Riverside International Holdings, a European managing general agent focused on short-term car rental insurance, for up to £12 million. The deal depends on regulatory approvals and other closing conditions, and the company expects closing in the early fourth quarter of calendar 2026, so shareholders will see its effect on results only after it closes.

  • Purchase price is up to £12 million: £6 million payable at closing and £6 million over three years based on performance milestones.
  • Sellers of two shareholders may take Roadzen India shares instead of cash at closing, based on a stated valuation of Roadzen India of INR 2,500 crore; the company's press release puts this at approximately $280 million.
  • Riverside is expected to generate approximately $18–20 million in revenue and $1.6–2 million in EBITDA in its current fiscal year, and writes approximately 800,000 policies a year.
  • If closing conditions are not met by July 3, 2027, the agreement terminates; £600,000 of the closing payment goes into a retention account for indemnification claims.
Read the filing on SEC.gov ↗
STXSStereotaxis, Inc. Jul 9, 8:13 AM ET

Stereotaxis Completes Robocath Acquisition, Issues 1.47 Million Shares and Warrants

Neutral m&a Written later 3.027.018.01

Stereotaxis completed its acquisition of 100% of Robocath, a French surgical robotics company, on July 7, 2026, for approximately $20 million in cash and common stock. The filing says the company issued 1,469,485 common shares, pre-funded warrants for 4,575,143 shares, and 225,000 shares to Robocath's financial advisor, with up to $25.0 million more in possible earnout consideration.

  • Acquisition closed July 7, 2026; total consideration approximately $20 million in cash and common stock
  • Issued 1,469,485 common shares and pre-funded warrants to buy 4,575,143 shares, exercisable until July 7, 2031
  • Issued 225,000 shares to Robocath's financial advisor as partial success fee payment
  • Earnout could add up to $25.0 million in shares or warrants, subject to targets, market value and adjustments
Read the filing on SEC.gov ↗
MARAMARA Holdings, Inc. Jul 9, 8:09 AM ET

MARA Holdings buys Texas powered land site from HIF; price up to $600.0 million

Neutral m&a Written later 1.012.017.01

On July 2, 2026, a MARA subsidiary acquired the membership interests of MAT 1177 LLC from HIF USA LLC, and the deal closed on signing. The purchase price is structured as post-closing milestone payments that total $600.0 million if all milestones are achieved, and the filing does not disclose any revenue or profit effect from the site.

  • July 2, 2026: Volt Texas, LLC, a MARA subsidiary, acquired the membership interests of MAT 1177 LLC from HIF USA LLC; the transaction closed at signing.
  • The site includes rights to land under purchase contracts, an owned adjacent parcel, and rights under a letter agreement for 2,000 megawatts of power capacity with an electric utility.
  • Aggregate purchase price is $600.0 million if all milestones are achieved, paid as development milestones are met; HIF keeps a minority interest once a data center lease is signed.
  • Press release says the site could provide up to 1 GW of grid capacity by October 2027 and up to 2 GW by April 2028, with MARA's total potential capacity reaching about 4.8 GW upon full energization.
Read the filing on SEC.gov ↗
EPACENERPAC TOOL GROUP CORP Jul 8, 5:49 PM ET

Enerpac to acquire SFE Group for $451.4 million in cash

Neutral m&a Written later 1.012.037.01

Enerpac Tool Group agreed on July 7, 2026 to buy SFE Group, a Houston-based maker of fabrication, welding and material-handling equipment, for about $451.4 million in cash plus about $20.6 million in restricted stock units. The company expects to fund the deal with cash on hand and borrowings under an amended credit facility, and it said the acquisition is expected to be accretive to fiscal 2027 adjusted EPS. Closing is subject to regulatory approvals and conditions, and the deal may not close if those conditions are not met.

  • Cash consideration of about $451.4 million plus about $20.6 million in RSUs issued to SFE Group key personnel, subject to closing adjustments
  • SFE Group trailing twelve-month sales of about $170 million and adjusted EBITDA of about $44 million, per the press release
  • Closing date no earlier than September 1, 2026; either party may terminate if closing has not occurred by November 1, 2026
  • Revolving credit facility increased from $400 million to $625 million; net debt-to-adjusted EBITDA expected at about 2.8 times upon closing
Read the filing on SEC.gov ↗
TRAKReposiTrak, Inc. Jul 8, 5:15 PM ET

ReposiTrak to acquire 31.3% stake in SPAR Group for about $3.3 million

Neutral m&a Written later 1.012.038.01

ReposiTrak agreed on July 1, 2026 to acquire 4,709,837 shares of SPAR Group, Inc. from William Bartels and WHB Services, Inc. Incentive Savings Plan and Trust, for contingent consideration of about $3.3 million, including a $2.6 million unsecured promissory note to Bartels. After delivery of the shares, ReposiTrak will own 31.3% of SPAR Group's outstanding common stock, and the filing says the shares are held for investment purposes without contractual rights to direct SPAR Group's management or operations.

  • Company to receive 4,709,837 SPAR Group common shares under agreements dated July 1, 2026
  • Unsecured promissory note of $2,571,885 to Bartels carries 6.0% interest, annual $725,000 installments, and matures July 1, 2030
  • Following delivery, ReposiTrak will beneficially own 31.3% of SPAR Group's outstanding common stock
Read the filing on SEC.gov ↗
MASS908 Devices Inc. Jul 8, 4:30 PM ET

908 Devices issues 3,213,583 shares to settle RedWave earnout obligations

Neutral m&a Written later 8.01

On July 8, 2026, 908 Devices issued 3,213,583 shares of common stock to satisfy its earnout obligations under the April 29, 2024 Equity Purchase Agreement with RedWave Technology. The contingent right covered up to 4,000,000 shares, tied to RedWave revenue of at least $37 million from May 1, 2024 through April 30, 2026, and the company states the obligations are satisfied in full. The new shares increase the number of shares outstanding, so existing shareholders' ownership stakes are diluted by that amount; the filing does not state the revenue achieved.

  • Issued 3,213,583 shares of common stock on July 8, 2026.
  • Earnout could have paid up to 4,000,000 shares to the Seller Entity and other beneficial sellers.
  • Payout depended on RedWave product and service revenue of at least $37 million from May 1, 2024 through April 30, 2026.
  • The company states its earnout obligations have been satisfied in full.
Read the filing on SEC.gov ↗

TDAC says ProLogium filed initial F-4 with SEC for pending merger

Neutral m&a Written later 8.01

Translational Development Acquisition Corp. (TDAC) said ProLogium Holding Inc. has filed a Form F-4 registration statement with the SEC, a step in the business combination announced on May 27, 2026. The filing is subject to SEC review and may be revised, and the release does not state a closing date or new deal terms.

  • ProLogium filed its initial Form F-4 with the SEC, as announced in a press release dated July 6, 2026.
  • The merger transaction was announced on May 27, 2026.
  • The filing is subject to SEC review and may be revised.
  • The forward-looking statements cite a $250 million Minimum Cash condition to closing.
Read the filing on SEC.gov ↗
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Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.

Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.