M&A Transactions

FTAI Infrastructure Inc. completed an acquisition involving WLE Management Partners, L.P. for approximately $1.05 billion, subject to customary adjustments (closed 2025-08-25).

“wholly-owned subsidiary of Percy. The aggregate cash consideration paid in exchange for all of the issued and outstanding capital stock of Wheeling at closing was approximately $1.05 billion, subject to customary adjustments. A portion of the cash consideration was placed into escrow to secure any post-closing purchase price adjustment payment obligations under the”

NABORS INDUSTRIES LTD completed a disposition involving Covey Holdings, LLC for $600.0 million plus adjustments for net working capital (closed 2025-08-20).

“equity interests in Quail Tools, LLC (“Quail”) were sold by Sellers to Buyer on the Sale Date (the “Sale”). The net consideration paid by Buyer in connection with the Sale was $600.0 million plus adjustments for net working capital. Pursuant to the terms of the Agreement, the consideration consisted of (a) $375.0 million in cash which was paid by Buyer on the Sale”

Star Equity Holdings, Inc. completed an acquisition involving Star Equity Holdings, Inc. for 0.23 shares of Hudson Global common stock per Star common share and 1 share of Hudson Global 10% Series A Cumulative Perpetual Preferred Stock per Star preferre (closed 2025-08-22).

“(“Hudson”), completed its previously announced acquisition of Star Equity Holdings, Inc. (“Star”), pursuant to the Agreement and Plan of Merger, dated as of May 21, 2025 (the “Merger Agreement”), by and among Hudson, Star and HSON Merger Sub, Inc., a wholly owned subsidiary of Hudson (“Merger Sub”).”

TREES Corp (Colorado) completed an acquisition involving Beddor Claude LLC d/b/a Chronic Therapy for $1,704,827.87 (adjusted from original purchase price to reflect a purchase price adjustment in favor of the Company) (closed 2025-06-30).

“to operate a cannabis dispensary and a cannabis cultivation as well as related assets in Wheat Ridge, Colorado. Upon the closing, the Company paid an aggregate amount of $1,704,827.87 (adjusted from original purchase price to reflect a purchase price adjustment in favor of the Company), $262,500 of which was delivered into escrow as a holdback against potential”

Winning Catering Group, Inc. completed a disposition (closed 2025-08-18).

“On August 18, 2025, LiquidValue Development Inc. (the “Company”) completed the distribution of substantially all of its assets to holders of the Company’s common stock as of August 15, 2025 (the “Record Date”), in the form of a one-time special dividend (the “Distribution”).”

TILT Holdings Inc. completed an acquisition involving Commonwealth Alternative Care, Inc. / In Good Health, Inc. for $1.75 million dollars in cash (closed 2025-08-18).

“Registrant, entered into a First Amendment to Asset Purchase Agreement (the “Closing Amendment”) with In Good Health, Inc. The Closing Amendment adjusted the purchase price to $1.75 million dollars in cash consideration. ​ The foregoing summary is qualified in its entirety by reference to the text of the Closing Amendment, which is included as exhibit 10.1 to this”

NEONC TECHNOLOGIES HOLDINGS, INC. completed an acquisition involving JandB Holdings, LLC for 120,000 shares of Company common stock with an attributed value of $25 per share (closed 2025-08-18).

“to the Agreement, the Company acquired 100% of the issued and outstanding membership interests of JandB in exchange for an amount of shares of Company common stock equal to (a) 120,000 shares of Company common stock with an attributed value of $25 per share, less (b) an amount of shares equal to (x) the aggregate transaction fees incurred by the Company in”

STAR EQUITY HOLDINGS, INC. underwent a change of control involving Hudson Global, Inc. (closed 2025-08-22).

“On August 22, 2025, Hudson Global, Inc. (“Hudson”), completed its previously announced acquisition of Star Equity Holdings, Inc. (“Star”), pursuant to the Agreement and Plan of Merger, dated as of May 21, 2025”

RHINO BITCOIN INC. completed a disposition involving Lee Chong Chow (closed 2025-08-19).

“Concurrently with the closing of the Merger Agreement, all outstanding shares of the Company's wholly-owned subsidiary, Phoenix Plus Corp., a Labuan, Malaysia corporation ("Phoenix Plus Labuan"), were transferred to Mr. Lee.”

RHINO BITCOIN INC. underwent a change of control involving Lyle Hauser / Vantage Group Ltd. (closed 2025-08-19).

“The closing of the Merger Agreement resulted in a change in control of the Company.”

RHINO BITCOIN INC. completed an acquisition involving Rhino Digital Inc. (closed 2025-08-19).

“On August 19, 2025, Phoenix Plus Corp. (the "Company") closed its previously disclosed agreement and plan of merger (the "Merger Agreement") among the Company, Rhino Merger Acquisition Sub, Inc., a newly formed wholly-owned subsidiary of the Company ("Merger Sub"), Rhino Digital Inc. ("Rhino"), and solely with respect to Section 9.1(d) of the Merger Agreement, the Selling Shareholders named therein.”

Nano Nuclear Energy Inc. completed an acquisition involving The RPWI Liquidating Trust, GFPL for $641,206.61 for the CNSC Liability plus a $15,000 expense reimbursement.

“License Application), free and clear of all liens, claims, encumbrances and other interests. In consideration of such acquisition, KRONOS MMR shall assume an amount equal to $641,206.61, which is the current liability owed by GFPL to the CNSC for pre-petition bankruptcy claims (the “ CSNC Liability ”), plus any other amounts payable to CNSC for the Chalk River”

ENZO BIOCHEM INC underwent a change of control involving Bethpage Parent, Inc. (closed 2025-08-20).

“On August 20, 2025 (the “Closing Date”), pursuant to the Merger Agreement, Merger Sub merged with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly owned subsidiary of Parent.”

Vyome Holdings, Inc completed a disposition involving Ninburgh Health International Limited for $2.25 million in cash (closed 2025-04-25).

“Asset Purchase Agreement, ReShape sold its assets (excluding cash) to Biorad, and Biorad assumed substantially all of ReShape’s liabilities, for an agreed upon purchase price of $2.25 million in cash, subject to adjustment based on ReShape’s actual accounts receivable and accounts payable at the closing, compared to such amounts as of March 31, 2024.”

Vyome Holdings, Inc completed an acquisition involving Vyome Therapeutics, Inc. (closed 2025-08-15).

“On August 15, 2025, Vyome Holdings, Inc. (f/k/a ReShape Lifesciences Inc.) (the “Company”) completed the previously announced merger pursuant to the Agreement and Plan of Merger, dated as of July 8, 2024, as amended (the “Merger Agreement”), by and among the Company, Raider Lifesciences Inc., a wholly owned subsidiary of the Company (“Merger Sub”), and Vyome Therapeutics, Inc. (“Vyome”).”

My City Builders, Inc. completed a disposition involving RAC Merger, LLC for $2,374,896.00 (closed 2025-07-08).

“shares of RAC’s common stock from the Company (the “ Shares ”) (which constitute 100% of the issued and outstanding shares of RAC) in exchange for consideration in the amount of $2,374,896.00. The consideration is to be distributed pro rata to the Company’s shareholders. However, since the Merger LLC is made up of the Affiliates who own 98.5% of the current issued and”

VNOM Sub, Inc. underwent a change of control involving New Cobra Pubco, Inc. for all-equity transaction (closed 2025-08-19).

“the Mergers were consummated in accordance with the Merger Agreement (the “Closing”)”

VNOM Sub, Inc. completed an acquisition involving Sitio Royalties Corp. for all-equity transaction (closed 2025-08-19).

“the acquisition of Sitio by Former Viper in an all-equity transaction”

Sitio Royalties Corp. underwent a change of control involving Viper Energy, Inc. (formerly New Cobra Pubco, Inc.) (closed 2025-08-19).

“As discussed in the Introductory Note, on August 19, 2025, the Mergers were consummated in accordance with the terms of the Merger Agreement.”

CARGO Therapeutics, Inc. underwent a change of control involving Concentra Biosciences, LLC for $4.379 in cash per Share plus one non-transferable contingent value right per Share (closed 2025-08-18).

“completed a tender offer to purchase all of the Company’s outstanding shares (the “Shares”) of common stock, par value $0.001 per share (the “Shares”), in exchange for (i) $4.379 in cash per Share (the “Cash Amount”); plus (ii) one non-transferable contingent value right per Share (each, a “CVR” and each CVR together with the Cash Amount, the “Offer”

Viper Energy, Inc. underwent a change of control involving Sitio Royalties Corp. for 0.4855 fully paid and nonassessable shares of New Viper's Class A common stock (closed 2025-08-19).

“outstanding immediately prior to the Sitio Pubco Merger Effective Time (other than certain excluded shares) was cancelled and automatically converted into the right to receive 0.4855 fully paid and nonassessable shares of New Viper’s Class A common stock, par value $0.000001 per share (“New Viper Class A Common Stock”), and (B) each share of Sitio’s Class C”

Hubilu Venture Corp completed an acquisition involving Estate of Louise Hill, Darnell Gant, Administrator for $525,000 (closed 2025-08-14).

“Agreement”) with Estate of Louise Hill, Darnell Gant, Administrator (“Property Seller”) to acquire real property located at 417 W 52 nd Place in Los Angeles. The acquisition for $525,000 closed on August 14, 2025. The foregoing description of the acquisition of the 52 nd Place Agreement and the transaction contemplated thereby contained herein is qualified in its”

Shift4 Payments, Inc. completed an acquisition involving Global Blue Group Holding AG for $7.50 per share in cash (closed 2025-08-18).

“of Global Blue Group Holding AG (“Global Blue”), a stock corporation incorporated under the laws of Switzerland (the “Global Blue Common Shares”), at a price per share equal to $7.50 (the “Common Shares Consideration”), (ii) registered series A convertible preferred shares, nominal value of CHF 0.01 per share, of Global Blue (the “Global Blue Series A”

Arthur J. Gallagher & Co. completed an acquisition involving The AssuredPartners Group LP for $13.8 billion in cash (closed 2025-08-18).

“LP, a Delaware Limited partnership (the “ Seller ”), and the Acquired Entity. Upon the closing of the Transaction, the Company paid the Seller an aggregate purchase price of $13.8 billion in cash after giving effect to and subject to certain customary adjustments as set forth in the Purchase Agreement. The Company financed the acquisition with net proceeds from”

Accelerate Diagnostics, Inc completed a disposition involving an affiliate of Indaba Capital Management, L.P. (closed 2025-08-08).

“On August 8, 2025, the Company and Buyer consummated the Sale Transaction.”

City Office REIT, Inc. completed a disposition involving an unaffiliated buyer for $266 million (closed 2025-08-15).

“On August 15, 2025, the Company closed on the sale of six of the Company’s previously-announced dispositions of its seven office properties located in Phoenix, Arizona (the “First Phoenix Closing”) to an unaffiliated buyer for an aggregate purchase price of $266 million.”

Nakamoto Inc. underwent a change of control involving Nakamoto Holdings Inc. (closed 2025-08-14).

“On August 14, 2025, Kindly MD, Inc. (“ Kindly ” or the “ Company ”) completed its previously announced merger”

Kestrel Group Ltd underwent a change of control involving Maiden Holdings, Ltd. (closed 2025-05-27).

“the consummation on May 27, 2025 of the series of mergers contemplated by the combination agreement, dated December 29, 2024, by and between Maiden Holdings, Ltd., Kestrel Group LLC, a Delaware limited liability company (“Kestrel”), the equity holders of Kestrel, Ranger Bermuda Topco Ltd, a Bermuda exempted company limited by shares, and the other parties thereto.”

XOMA Royalty Corp completed an acquisition involving Turnstone Biologics Corp. for $0.34 per share plus one non-transferable contractual contingent value right (closed 2025-08-11).

“2025, XOMA completed a tender offer to purchase all of Turnstone’s outstanding shares of common stock, par value $0.001 per share (the “ Shares ”), for a price per Share of (i) $0.34 (the “ Cash Amount ”), payable subject to any applicable tax withholding and without interest, plus (ii) one non-transferable contractual contingent value right (“ CVR ”), which”

REGIONAL HEALTH PROPERTIES, INC completed an acquisition involving SunLink Health Systems, Inc. for approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock (closed 2025-08-14).

“common stock or Regional Series D preferred stock in accordance with the terms of the Merger Agreement. The total aggregate consideration payable in the merger was approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock. The foregoing descriptions of the merger and the Merger Agreement do not”

Capstone Energy Plus, Inc. completed an acquisition involving Cal Micro Holdco, Inc. for $10,000,000 (the "Base Amount"), plus the right to certain contingent post-closing payments (closed 2025-08-13).

“parts and service for Buyer’s systems throughout the state of California. Under the terms of the Purchase Agreement, the total consideration to be paid by Buyer to Seller is $10,000,000 (the “Base Amount”), plus the right to certain contingent post-closing payments (the “Consideration”). An amount equal to $6,000,000, less seller transaction expenses, is payable”

IGM Biosciences, Inc. underwent a change of control involving Concentra Biosciences, LLC for $1.247 in cash per Share plus one non-transferable contractual contingent value right per Share (closed 2025-08-14).

“Parent completed a tender offer to purchase all of the Company’s outstanding shares of common stock, par value $0.01 per share (the “Common Stock” and shares of Common Stock, “Shares”), in exchange for (i) $1.247 in cash per Share (the “Cash Amount”); plus (ii) one non-transferable contractual contingent value right per Share”

Array Technologies, Inc. completed an acquisition involving APA Solar, LLC for approximately $159.9 million, net of preliminary and customary purchase price adjustments (closed 2025-08-14).

“and the guarantors party thereto. At the closing of the APA Acquisition, pursuant to the Purchase Agreement, the Company paid cash consideration to the Seller of approximately $159.9 million, net of preliminary and customary purchase price adjustments and subject to final post-closing settlement (after giving effect to such settlement, the “Purchase Price”). The”

AMEDISYS INC underwent a change of control involving UnitedHealth Group Incorporated for $101 per share in cash (closed 2025-08-14).

“owned by UnitedHealth Group or Merger Sub or any of their respective subsidiaries, in each case, immediately prior to the Effective Time) was converted into the right to receive $101 per share in cash, without interest (the “ Per Share Merger Consideration ” and the total amount to be paid, the “ Merger Consideration ”), less any applicable withholding taxes.”

SUNLINK HEALTH SYSTEMS INC underwent a change of control involving Regional Health Properties, Inc. for approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock (closed 2025-08-14).

“common stock or Regional Series D preferred stock in accordance with the terms of the Merger Agreement. The total aggregate consideration payable in the merger was approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock. Descriptions of the Regional common stock and the Regional Series D”

STREAMLINE HEALTH SOLUTIONS INC. completed an acquisition involving Mist Holding Co. (parent of Hayes Management Consulting LLC d/b/a MDaudit) for $5.34 per share in cash (closed 2025-08-12).

“as are granted by Section 262 of the DGCL with respect thereto from and after the Effective Time.)), was automatically be cancelled and converted into the right to receive $5.34 per Share in cash, without interest (the “Merger Consideration”); (b) each option to purchase Shares granted under the Company’s equity plans (each, a “Company Option”) that was”

BridgeBio Oncology Therapeutics, Inc. completed an acquisition involving TheRas, Inc. (d/b/a BridgeBio Oncology Therapeutics) (closed 2025-08-11).

“On August 11, 2025 (the “Closing Date”), Helix Acquisition Corp. II., a Cayman Islands exempted company (“Helix”), consummated the previously announced business combination pursuant to the terms of the business combination agreement, dated February 28, 2025 and amended on June 17, 2025 (as amended, the “Business Combination Agreement”), with Helix II Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of DYNS (“Merger Sub”), and TheRas, Inc. (d/b/a BridgeBio Oncology Therapeutics), a Delaware corporation (“BBOT”).”

Shepherd's Finance, LLC completed a disposition involving Mark L. Hoskins and Barrett Hoskins (Buyers) for $10,366,869 (closed 2025-08-06).

“agreed to sell to the Buyers 100% of the membership interests (the “Disposition”) in 339 Justabout Land Co., LLC (“339”), a land development company, for a purchase price of $10,366,869 (the “Purchase Price”). 339 was formed by the Buyers in 2022 and purchased a large tract of land in Peters Township, Washington County, Pennsylvania, a suburb of Pittsburgh. The”

ImageneBio, Inc. underwent a change of control involving Inmagene Biopharmaceuticals (closed 2025-07-25).

“On July 25, 2025, the Delaware corporation formerly known as "Ikena Oncology, Inc." completed its previously announced merger with Inmagene Biopharmaceuticals, an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands ("Inmagene"), in accordance with the terms of the Agreement and Plan of Merger, dated as of December 23, 2024”

Charlie's Holdings, Inc. completed a disposition involving R. J. Reynolds Vapor Company for $1.0 million (closed 2025-08-08).

“tobacco application (“PMTA”) first submitted by the Company in 2022, bringing the total purchased by the Buyer to sixteen. The purchase price for the Additional Assets was $1.0 million paid at closing. The foregoing description of the Amendment does not purport to be complete, and is qualified in its entirety by reference to the full text of the form of”

Braemar Hotels & Resorts Inc. completed a disposition involving Seafront Fjord Owner, LLC for $145 million in cash (closed 2025-08-07).

“On August 7, 2025, Ashford Seattle Waterfront LP and Ashford TRS Seattle Waterfront LLC (together, “ Seller ”), indirect subsidiaries of Braemar Hotels & Resorts Inc. (the “ Company ”), completed the sale of the Marriott Seattle Waterfront hotel (the “ Hotel ”) pursuant to an Agreement of Purchase and Sale, dated as of July 3, 2025, by and among Seller and Seafront Fjord Owner, LLC, as purchaser, for $145 million in cash, subject to customary pro-rations and adjustments.”

Turnstone Biologics Corp. completed a disposition involving H. Lee Moffitt Cancer Center and Research Institute, Inc for total consideration of approximately $3.0 million to offset Turnstone’s obligations to Moffitt under the Alliance Agreement, of which, approximately $1.8 millio (closed 2025-08-11).

“certain obligations of the Company’s under the Myst Merger Agreement (as defined in the Asset Purchase Agreement). Turnstone received a total consideration of approximately $3.0 million to offset Turnstone’s obligations to Moffitt under the Alliance Agreement (as defined in the Asset Purchase Agreement), of which, approximately $1.8 million was placed into an”

Turnstone Biologics Corp. underwent a change of control involving XOMA Royalty Corporation for per Share of (i) $0.34 cash plus (ii) one non-transferable contractual contingent value right (CVR) representing potential additional cash payments (closed 2025-08-11).

“Purchaser completed a tender offer to purchase all of the Company’s outstanding shares of common stock, par value $0.001 per share (the “Shares”), for a price per Share of (i) $0.34 (the “Cash Amount”), payable subject to any applicable tax withholding and without interest, plus (ii) one non-transferable contractual contingent value right (“CVR”), which shall”

Heliogen, Inc. completed an acquisition involving Zeo Energy Corp. for Heliogen became a direct, wholly owned subsidiary of Zeo Energy (closed 2025-08-08).

“On August 8, 2025, Merger Sub I merged with and into Heliogen (the “ First Merger ”), with Heliogen surviving the First Merger (Heliogen, as the surviving entity of the First Merger, the “ First Surviving Corporation ”) with the First Surviving Corporation becoming a direct, wholly owned subsidiary of Zeo Energy, and immediately following the First Merger, the First Surviving Corporation merged with and into Merger Sub II (the “ Second Merger ” and, together with the First Merger, the “ Mergers ”), with Merger Sub II surviving the Second Merger and becoming a direct, wholly owned subsidiary of Zeo Energy.”

SCIENTIFIC INDUSTRIES INC completed a disposition involving Troemner, LLC for $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000 (closed 2025-08-07).

“Benchtop Laboratory Equipment consisting primarily of the Genie line of products and related fixed assets, inventory, and intellectual property. The purchase price consisted of $9,600,000 minus certain working capital adjustments, plus an earn-out of up to an aggregate of $1,500,000, of which $1,140,000 is payable on the Company’s performance of certain supply and”

USBC, Inc. completed an acquisition involving Goldeneye 1995 LLC for 1,000 Bitcoin, and $15 million in cash (closed 2025-08-06).

“stock, par value $0.001 per share (the “Common Stock”) to the Buyer, at a per Share purchase price of $0.335 in exchange for aggregate purchase price for the Shares of: (i) 1,000 Bitcoin, and (ii) $15 million in cash (together the “Purchase Price”). At its special stockholders meeting held on July 31, 2025, the Company’s stockholders approved: (i) the”

Tenon Medical, Inc. completed an acquisition involving SiVantage, Inc. (closed 2025-08-01).

“On August 1, 2025 (the “SI Closing Date”), Tenon Medical, Inc. (the “Company”), entered into an asset purchase agreement (the “SI APA”) by and between the Company and SiVantage, Inc., a Delaware corporation (“SI”), pursuant to which the Company acquired substantially all of the assets of SI (the “SImmetry Business”)”

ContextLogic Inc. underwent a change of control involving ContextLogic Holdings Inc. (f/k/a Easter Parent, Inc.) (closed 2025-08-06).

“On August 6, 2025, ContextLogic, Inc., a Delaware corporation (the ‘ Company ” or “ ContextLogic ”) completed its previously announced reorganization pursuant to the Second Amended and Restated Agreement and Plan of Reorganization”

Huineng Technology Corp underwent a change of control involving Ping Li for $0.001 per share (closed 2025-08-01).

“On August 1, 2025, a Stock Purchase Agreement was entered into between Kae Ren Tee (the "Seller") and Ping Li (the "Purchaser"), wherein the Purchaser purchased 32,140,000 shares of Common Shares at a price of $0.001 per share (the "Shares"), of Huineng Technology Corporation, a Nevada corporation (the "Company"). This transaction was financed through the Purchaser's own capital. As a result, the Purchaser became an approximately 72.2% holder of the voting rights of the issued and outstanding shares of the Company, on a fully-diluted basis, and became the controlling shareholder.”

Paramount Skydance Corp underwent a change of control involving Paramount Global, Skydance Media, LLC (closed 2025-08-07).

“completed the previously announced business combination contemplated by the Transaction Agreement, dated as of July 7, 2024”