NEWS
SPAR Group Calls Special Meeting to Approve Merger
SPAR Group (NASDAQ: SGRP) has called a special meeting for stockholders to vote on the proposed acquisition by Highwire Capital. The virtual meeting is scheduled for October 25, 2024, at 12:00 p.m. Eastern Time. Under the terms of the unanimously approved Merger Agreement, stockholders will receive $2.50 per share in cash, representing a 72% premium over the closing share price on August 30.
The transaction, if approved, will result in SPAR Group becoming a privately held company and delisting from NASDAQ. Stockholders of record as of October 1, 2024, are eligible to vote. The company encourages all stockholders to actively participate in the voting process, which can be done by phone or internet. SPAR Group is prepared to adjourn or postpone the meeting briefly if more voting time is needed.
The transaction, if approved, will result in SPAR Group becoming a privately held company and delisting from NASDAQ. Stockholders of record as of October 1, 2024, are eligible to vote. The company encourages all stockholders to actively participate in the voting process, which can be done by phone or internet. SPAR Group is prepared to adjourn or postpone the meeting briefly if more voting time is needed.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
2536Followers
107Following
27KVisitors
Follow