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Another Delaware Publicly Traded Company Proposes A Nevada Move

JD Supra: Mergers

The company's common stock is listed on The NYSE American LLC stock exchange. Rather than convert, the company is proposing to effect the reincorporation by means of a merger with and into a wholly-owned subsidiary of the Company. The proposal also contemplates a simultaneous name change to “Channel Therapeutics Corporation”.

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Permira completes Squarespace acquisition after upping bid to $7.2B

TechCrunch: M&A

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

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US Publicly-Traded Buyers’ Interest In Acquiring Middle-Market Companies Increases

Benchmark International

Thanks to the new 1% tax now being levied on any publicly traded US companies that buy back their shares, these larger, cash-rich companies have been given a strong incentive to seek acquisition targets.

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Namib Minerals, an Established African Gold Producer, to Become Publicly Traded Through Business Combination With Hennessy Capital Investment Corp. VI

Global Newswire by Notified: M&A

The combined public company (“PubCo”) is expected to be named “Namib Minerals” and to list its common stock and warrants to purchase common stock on Nasdaq under the new ticker symbols “NAMM” and “NAMMW”, respectively, subject to approval of its listing application.

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IRS Publishes Proposed Regulations on Stock Buyback Excise Tax

Cooley M&A

On April 12, 2024, the US Department of the Treasury and the IRS published proposed regulations ( 89 FR 25980 and 89 FR 25829 , the “Proposed Regulations”) on the application of Section 4501, 1 which imposes a 1% excise tax 2 on certain repurchases of stock of publicly traded US corporations (the “Excise Tax”).

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Chesapeake Energy and Southwestern Energy Complete Merger and Provide Third Quarter Earnings Conference Call Information, Company Rebranded as Expand Energy

Global Newswire by Notified: M&A

Expand Energy’s common stock will commence public trading on the NASDAQ under the ticker “EXE” at the open of trading on October 2, 2024, and will continue to trade today under the symbol “CHK”. OKLAHOMA CITY, Oct. The combined company has been rebranded as Expand Energy Corporation.

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Horizon Aircraft Completes Business Combination with Pono Capital Three, Inc. to Become a Publicly Traded Company

Global Newswire by Notified: M&A

~ Horizon Aircraft Common Stock to Trade on Nasdaq Under Ticker “HOVR” ~ TORONTO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd.,