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AI brief of an SEC Form 8-K · EnerSys (ENS)

EnerSys to acquire Ultralife for $16.00 per share in cash, about $320 million enterprise value

Neutral Impact 5 of 5 m&a

EnerSys agreed to acquire Ultralife through a tender offer followed by a merger, at $16.00 per share in cash, with a total enterprise value of about $320 million. The deal will be funded from cash on hand and is expected to close in the first quarter of calendar 2027, subject to conditions including regulatory clearances.

Key points

  • Offer price is $16.00 per Ultralife share in cash, a 166% premium to the unaffected closing price on October 26, 2026
  • Enterprise value of approximately $320 million, funded through cash on hand
  • EnerSys expects $15 million to $20 million in annual run-rate cost synergies within the first 18 months
  • Ultralife would pay a $10,300,000 termination fee in specified circumstances; the outside date is April 27, 2027

The filing

CompanyEnerSys (ENS)
Form8-K, current report
Filed with the SECOct 27, 2026, 5:04 PM ET
Accession number0001193125-26-434415

Items reported: 1.01 Material Definitive Agreement7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.