M&A Transactions

Bank First Corp completed an acquisition involving Centre 1 Bancorp, Inc. (closed 2026-01-02).

“On January 2, 2026, Bank First Corporation, a Wisconsin corporation (the “Company” or “BFC”) filed with the Securities and Exchange Commission (“SEC”) a Current Report on Form 8-K to report under Item 2.01 that the Company had completed its previously-announced merger (the “Merger”) with Centre 1 Bancorp, Inc., a Wisconsin corporation (“Centre”), pursuant to that certain Agreement and Plan of Merger by and between BFC and Centre, dated as of July 17, 2025 (the “Merger Agreement”).”

Interactive Strength, Inc. completed an acquisition involving Ergatta, Inc. for cash consideration of $3,500,000 (closed 2026-03-11).

“share of preferred stock of Ergatta (other than excluded and dissenting shares) held by Ergatta’s stockholders was cancelled, in exchange for: (i) cash consideration of $3,500,000 paid to Ergatta's stockholders, consisting of: (a) $1,750,000 paid on the Closing Date (subject to adjustments pursuant to the terms of the Merger Agreement); and (b) $1,750,000”

KAANAPALI LAND LLC completed a disposition involving Pioneer Mill Site LLC for $19,900,000 in cash (closed 2026-03-10).

“Purchase Agreement, dated as of June 13, 2024 (the “PMC Sales Agreement” ). At the closing of the transactions contemplated by the PMC Sales Agreement, the Seller received $19,900,000 in cash from Buyer for the sale of the Property (subject to adjustment for closing costs, escrow agent fees, and applicable prorated items pursuant to the PMC Sales Agreement).”

New Mountain Finance Corp completed a disposition involving Eagle Credit CV, L.P., Eagle Credit Holdings SPV, L.P. and Eagle Credit Sub Blocker L.P. for approximately $468.0 million, as adjusted for partial paydowns post February 21, 2026, at 94% of the fair value of such assets as of December 31, 2025 (closed 2026-03-10).

“On March 10, 2026, the Company completed its previously announced sale of approximately $468.0 million, as adjusted for partial paydowns post February 21, 2026, of assets held by the Company and its wholly-owned subsidiary, New Mountain Finance Holdings, L.L.C., at 94% of the fair value of such assets as of December 31, 2025 (the “Asset Sale”).”

IF Bancorp, Inc. underwent a change of control involving ServBanc Holdco, Inc. for $26.40 in cash per share, plus potential contingent payment of approximately $1.51 per share from a $5,004,650 fund (closed 2026-03-12).

“and into ServBanc, with ServBanc as the surviving entity. Under the terms of the Merger Agreement, each share of IF Bancorp common stock was converted into the right to receive $26.40 in cash (the “Merger Consideration”), based on the tangible common equity calculation of the IF Bancorp set forth in the Merger Agreement. At the Effective Time, each restricted”

Moody National REIT II, Inc. completed a disposition involving Moody EC Development, LLC for $18,850,000 (closed 2026-03-06).

“Effective March 6, 2026, Moody National REIT II, Inc. (the “Company”) sold, transferred and disposed of all of its right to and ownership of (i) the hotel referred to as the Hampton Inn Austin/Airport Area South, located in Austin, Texas, (ii) the hotel referred to as the Hampton Inn Houston I-10W Energy Corridor, located in Houston, Texas, and (iii) the hotel referred to as the Hyatt Place North Charleston, located in North Charleston, South Carolina (collectively, the “Hotels”), to Moody EC Development, LLC, a Texas limited liability company affiliated with the Company’s sponsor and adviser (the “Buyer”), for an aggregate purchase price of $18,850,000 (the “Purchase Price”).”

Aditxt, Inc. completed an acquisition involving IMAC Holdings, Inc. for 36,000 shares of the Company’s newly created Series A-2 Convertible Preferred Stock (closed 2026-03-11).

“Agreement ”) with IMAC Holdings, Inc. (“ IMAC ”) and the several investors listed on the Schedule of Buyers attached to the Agreement (collectively, the “Buyers”)”

Kezar Life Sciences, Inc. completed a disposition involving Enodia Therapeutics SAS for $800,000 in cash at the closing (closed 2026-03-06).

“assets related to the Company’s zetomizomib program, employee contracts, cash, accounts receivable, real property or equipment. Pursuant to the Agreement, the Company received $800,000 in cash at the closing and will receive an additional $200,000 on the earlier to occur of (i) physical delivery of certain inventory assets to Enodia and (ii) 45 days after the”

T Stamp Inc completed an acquisition involving CyberFish CyberPsychology Solutions Ltd for £190,000 (closed 2026-03-09).

“Wales (“ CyberFish ”). Pursuant to the SPA, Trust Stamp Malta Limited agreed to subscribe for fifty percent (50%) of the authorized share capital of CyberFish in exchange for £190,000 (the “ Total Consideration ” ), consisting of (i) a cash payment of €30,000 payable to Malta Enterprise on behalf of CyberFish and (ii) a cash payment of £30,000 payable to”

PRESIDIO PRODUCTION Co underwent a change of control involving EQV Ventures Acquisition Corp. (closed 2026-03-04).

“On March 4, 2026 (the “Closing Date”), Presidio Production Company (f/k/a Presidio PubCo Inc.), a Delaware corporation (the “Company” or “Presidio”), consummated the previously announced business combination (the “Closing”) pursuant to the Business Combination Agreement, dated August 5, 2025 (the “Business Combination Agreement”), by and among EQV Ventures Acquisition Corp., a Cayman Islands exempted company (“EQV”), the Company, Prometheus PubCo Merger Sub Inc., a Delaware corporation a (“EQV Merger Sub”), Prometheus Holdings LLC, a Delaware limited liability company (“EQV Holdings”), Prometheus Merger Sub LLC, a Delaware limited liability company (“Presidio Merger Sub”), and Presidio Investment Holdings LLC, a Delaware limited liability company (“PIH”).”

SONIDA SENIOR LIVING, INC. completed an acquisition involving CNL Healthcare Properties, Inc. (CHP) for $2.32 in cash and 0.1318 of a share of SNDA Common Stock (closed 2026-03-11).

“SNDA, Holdco, SNDA Merger Sub, or any subsidiary of SNDA or wholly owned subsidiary of CHP (the “ Excluded Shares ”)) was cancelled and converted into the right to receive (i) $2.32 in cash and (ii) 0.1318 of a share of SNDA Common Stock. The Company paid approximately $404.4 million in cash and issued an aggregate number of 22,902,649 shares of SNDA Common”

Joby Aviation, Inc. completed an acquisition involving Capstone STS, LLC for $61,500,000 (closed 2026-03-06).

“On March 6, 2026, Aero completed the previously disclosed purchase of certain real property, improvements and other assets (the “ Property ”) from Capstone STS, LLC, a Texas limited liability company, for a purchase price of $61,500,000 (the “ Purchase Price ”).”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Kolter Group Acquisitions LLC for $96 million in cash (closed 2026-03-05).

“On March 5, 2026, St. Petersburg Florida Hotel Limited Partnership, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton St. Petersburg Bayfront located in St. Petersburg, Florida pursuant to an Agreement of Purchase and Sale, dated as of December 12, 2025, by and between St. Petersburg Florida Hotel Limited Partnership and Ashford TRS Lessee II LLC, as seller, and Kolter Group Acquisitions LLC, as purchaser, for $96 million in cash, subject to customary pro-rations and adjustments.”

Eventbrite, Inc. underwent a change of control involving Bending Spoons US Inc. for $4.50 in cash (closed 2026-03-10).

“stock or held directly by Parent or Merger Sub (or any direct or indirect wholly-owned subsidiary of the Company, Parent or Merger Sub)) was converted into the right to receive $4.50 in cash, without interest and subject to applicable withholding taxes, as set forth in the Merger Agreement (the “Merger Consideration”). In addition, pursuant to the Merger”

Scorpius Holdings, Inc. completed a disposition involving Velocity Bioworks, Inc., a wholly owned subsidiary of Tivic Health Systems, Inc. for $15.2 million net proceeds (closed 2025-12-10).

“CDMO and research and development activities and subsidiaries, which were encumbered by the secured notes and related security agreements. The collateral agent used the $15.2 million net proceeds from the foreclosure sale to partially settle the Company’s secured debt with a balance of $30.2 million immediately prior to the December 10, 2025 closing.”

Nine Energy Service, Inc. underwent a change of control involving Former Senior Secured Noteholders (closed 2026-03-05).

“Pursuant to the Plan, on the Plan Effective Date, all of the Company’s equity interests, including the Old Common Stock, outstanding prior to the Plan Effective Date, were canceled and are now of no force and effect, and the Company issued shares of New Common Stock to the Former Senior Secured Noteholders. As of the Plan Effective Date, the Former Senior Secured Noteholders hold 100% of the outstanding shares of New Common Stock.”

Greenland Mines Ltd completed an acquisition involving Greenland Mines Corp. for 47,000 newly issued shares of the Company’s Series C Preferred Stock (closed 2026-03-04).

“with Greenland Mines being the surviving entity. Pursuant to the Merger Agreement, as consideration for the Merger, the stockholders of Greenland Mines will receive a total of 47,000 newly issued shares of the Company’s Series C Preferred Stock. In addition, the stockholders of Greenland Mines have the right to designate one individual to join the Company’s”

CACI INTERNATIONAL INC /DE/ completed an acquisition involving ARKA Group, L.P. for $2.6 billion in cash (closed 2026-03-09).

“solely in its capacity as representative of the Equity Holders (as defined in the Purchase Agreement), ARKA Holdco L.P. The aggregate purchase price paid by the Purchaser was $2.6 billion in cash, subject to a customary post-closing purchase price adjustment for net working capital and certain other items. The foregoing description of the acquisition does not”

MiniMed Group, Inc. completed a disposition involving MiniMed Group, Inc..

“The description of the Company’s merger with KH2 set forth under Item 1.01 above is incorporated herein by reference.”

PRESIDIO PRODUCTION Co completed an acquisition involving EQV Resources LLC (closed 2026-03-04).

“Also on the Closing Date, the Company acquired all of the issued and outstanding equity interests of EQV Resources LLC, a Delaware limited liability company (“EQVR”), via merger (the “EQVR Merger”)”

PRESIDIO PRODUCTION Co underwent a change of control involving EQV Ventures Acquisition Corp. (closed 2026-03-04).

“On March 4, 2026 (the “Closing Date”), Presidio Production Company (f/k/a Presidio PubCo Inc.), a Delaware corporation (the “Company” or “Presidio”), consummated the previously announced business combination (the “Closing”) pursuant to the Business Combination Agreement, dated August 5, 2025 (the “Business Combination Agreement”), by and among EQV Ventures Acquisition Corp., a Cayman Islands exempted company (“EQV”), the Company, Prometheus PubCo Merger Sub Inc., a Delaware corporation a (“EQV Merger Sub”), Prometheus Holdings LLC, a Delaware limited liability company (“EQV Holdings”), Prometheus Merger Sub LLC, a Delaware limited liability company (“Presidio Merger Sub”), and Presidio Investment Holdings LLC, a Delaware limited liability company (“PIH”).”

INNOVATIVE FOOD HOLDINGS INC completed a disposition involving Mountaintop Holdings, LLC for $9.225 million (closed 2026-03-06).

“On March 6, 2026, the Company closed the sale of the Property to Mountaintop Holdings for a gross proceed of $9.225 million.”

Global Asset Management Group, Inc. completed an acquisition involving AMT Management LLC for 200,000 shares of GAMG common stock (closed 2026-03-04).

“Share Exchange Agreement and related documents attached as Exhibits hereto. Under the terms of the agreement, the Company acquired all membership interests of AMT in exchange for 200,000 shares of GAMG common stock. The shares issued are duly authorized, fully paid, and non-assessable, and carry the same rights and privileges as all other outstanding shares of”

KRATOS DEFENSE & SECURITY SOLUTIONS, INC. completed an acquisition involving Orbit Technologies Ltd. for $352.7 million in cash (closed 2026-03-02).

“Merger, Orbit’s ordinary shares were publicly traded on the Tel Aviv Stock Exchange. The purchase price paid for 100 percent of the ordinary shares of Orbit was approximately $352.7 million in cash, which was funded via cash on the Company’s balance sheet. The purchase price was determined based on $13.725 for each Orbit ordinary share (the “Merger Consideration”),”

HIGH WIRE NETWORKS, INC. completed an acquisition involving Thoth Aerospace Inc. for 16,597,353 shares of common stock, representing 80% of the issued and outstanding capital stock of the Company on a fully diluted basis immediately after the Cl (closed 2026-03-03).

“2026 (the “ Closing ”), the Selling Shareholder transferred all of the issued and outstanding securities of Thoth to the Company in exchange for the issuance by the Company of 16,597,353 shares of the Company’s common stock, par value $0.00001 per share (the “ Common Stock ”), representing 80% of the issued and outstanding capital stock of the Company on a fully”

Chatham Lodging Trust completed an acquisition for $92 million (closed 2026-03-03).

“On March 3, 2026, Chatham Lodging Trust (the "Company") completed its acquisition of six hotels (the “Portfolio”) for a purchase price of $92 million, or approximately $156,000 per room.”

ALBEMARLE CORP completed a disposition involving ChemCat AcquisitionCo, LLC for approximately $547 million in cash (closed 2026-03-02).

“arrangements), and marketing catalysts and related products on a global basis. In connection with the Sale, Albemarle expects to receive an aggregate amount of approximately $547 million in cash, inclusive of $22 million in cash included with Ketjen at the time of the Sale. Together with the sale of its 50% interest in the Eurecat joint venture to Axens SA,”

AI Technology Group Inc. completed an acquisition involving Biomed 360 Solutions Corp. (closed 2025-12-15).

“On December 15, 2025, the Corporation completed the acquisition of AVMN. · Consideration: 100 common shares of the Corporation issued to Biomed 360 in exchange for 100 common shares of AVM. · Result: AVMN is now a wholly-owned subsidiary of the Corporation.”

ContextLogic Holdings Inc. completed an acquisition involving US Salt Parent Holdings, LLC (closed 2026-02-26).

“On February 26, 2026, at the closing of the US Salt Acquisition (the “ Closing ”) the Company acquired US Salt and its subsidiaries, including US Salt’s salt production and manufacturing business, and the Company holds substantially all of the assets and business of US Salt.”

COLUMBUS MCKINNON CORP completed a disposition involving Star Hoist Intermediate, LLC for $210.0 million in cash (closed 2026-03-04).

“On March 4, 2026, upon the terms and subject to the conditions set forth in the Equity Purchase Agreement, the Company completed the Divestiture. The aggregate consideration paid to the Company at the closing of the Divestiture was $210.0 million in cash, subject to customary adjustments for a transaction of this type, including working capital, to the extent actual working capital exceeded the negotiated upper or lower thresholds, indebtedness and transaction expenses.”

Invech Holdings, Inc. completed an acquisition involving Andrew Chase Cochran for $450,000 USD (closed 2026-03-03).

“On March 3, 2026, the Company completed and closed the transaction with the Seller contemplated by the Agreement . As per the terms of the Agreement, the Seller sold the Property for a total purchase price of $450,000 USD.”

Ventyx Biosciences, Inc. underwent a change of control involving Eli Lilly and Company for $14.00 per share (closed 2026-03-04).

“(Exact name of Registrant as Specified in Its Charter) Delaware 001-40928 83-2996852 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) Eli Lilly and Company Global Headquarters Lilly Corporate Center Indianapolis , Indiana 46285 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: 760 407-6511 (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17”

SITE Centers Corp. completed a disposition involving L3 3030 Broadway LLC for $50.1 million in cash (closed 2026-03-03).

“On March 3, 2026, a subsidiary of SITE Centers Corp. completed the sale of its interests in 3030 North Broadway (Chicago, Illinois) to L3 3030 Broadway LLC for a price of $50.1 million in cash, subject to adjustment for certain closing pro-rations, allocations and credits.”

HAIN CELESTIAL GROUP INC completed a disposition involving Snackruptors Inc. for $111.2 million in cash (closed 2026-02-27).

“On February 27, 2026, Hain completed the Transaction and received $111.2 million in cash, reflecting the total purchase price of $115.0 million less the holdback of an estimate for a customary inventory adjustment, which is subject to finalization following the closing.”

PROGRESS ENERGY INC completed an acquisition involving Brookfield Super-Core Infrastructure Partners for approximately $2.8 billion (closed 2026-03-03).

“Progress membership interests equal to 9.2% of the Florida Progress membership interests issued and outstanding immediately after the First Closing in exchange for approximately $2.8 billion. The First Closing will be followed by additional closings, with the following subsequent investments occurring no later than on the following timeline: (i) Investor will invest”

PEDEVCO CORP underwent a change of control involving Century Oil and Gas Holdings, LLC and North Peak Oil & Gas Holdings, LLC (indirectly through Juniper entities ultimately controlled by Edward Geiser) for Automatic conversion of Merger Preferred Shares and PIPE Preferred Shares into 170,136,370 shares of PEDEVCO common stock on February 27, 2026 (closed 2026-02-27).

“0001141197 false --12-31 0001141197 2026-02-27 2026-02-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF”

Knightscope, Inc. completed an acquisition involving Event Risk LLC (closed 2026-02-27).

“On February 27, 2026, Knightscope completed the acquisition of Event Risk pursuant to the Purchase Agreement.”

RAPT Therapeutics, Inc. underwent a change of control involving GlaxoSmithKline LLC for $58.00 per Share in cash (closed 2026-03-03).

“a cash tender offer (the “ Offer ”) to purchase all of the outstanding shares of common stock of the Company, par value $0.0001 per share (the “ Shares ”), at a price of $58.00 per Share (the “ Offer Price ”), in cash, without interest and subject to any applicable withholding of taxes. The Offer expired at one minute following 11:59 P.M., Eastern Time,”

Crexendo, Inc. completed an acquisition involving Estech Holdings, Inc. for $35,000,000 (closed 2026-03-01).

“is engaged in providing cloud-based and on-premises phone systems and business communication products and services. The aggregate purchase price for the Purchased Interests is $35,000,000 (the “ Purchase Price ”), subject to customary post-closing purchase price adjustments based on working capital, indebtedness, and transaction expenses. The Purchase Price”

MALIBU BOATS, INC. completed an acquisition involving Saxdor Yachts Oy and the stockholders and option right holders of Saxdor for €150,000,000 or approximately $175,000,000 (closed 2026-03-02).

“$0.01 per share (the “Common Stock”). The Cash Consideration was financed through cash on hand and the Company's existing credit facility. The Purchase Price is approximately €150,000,000 or approximately $175,000,000. Additionally, the Purchase Agreement provides for up to €71,250,000, or approximately $84,000,000, in potential earnout payments (the “Earnout”

Eton Pharmaceuticals, Inc. completed an acquisition involving Pierre Fabre Medicament Sas for $14.0 million upfront and an 8% royalty on net sales for the duration of the product’s patent protected life, plus approximately $1.5 million of inventory at cl (closed 2026-02-27).

“rights to HEMANGEOL® (propranolol) oral solution from Pierre Fabre Medicament Sas (“Licensor”). HEMANGEOL® is an Orphan Drug indicated for the treatment of proliferating infantile hemangioma requiring systemic therapy.”

Tilray Brands, Inc. completed an acquisition involving BrewDog plc for £33,000,000 (or approximately US $44.1 million) (closed 2026-03-02).

“has agreed to guarantee the obligations of Tilray UK under the terms of the Purchase Agreement. The aggregate purchase price for the acquired business and assets acquired is £33,000,000 (or approximately US $44.1 million). Substantially all liabilities of the BrewDog Group arising prior to the closing of the transaction will remain with the BrewDog Group and were”

Forge Global Holdings, Inc. underwent a change of control involving The Charles Schwab Corporation for $45.00 per Share in cash (closed 2026-03-02).

“and ceased to exist, and (ii) each other Share issued and outstanding immediately prior to the Effective Time was converted into the right to receive an amount in cash equal to $45.00, without interest (the “ Per Share Merger Consideration ”). As a result of the consummation of the transactions contemplated by the Merger Agreement, the Company became a wholly”

FB Bancorp, Inc. /MD/ completed a disposition involving First Federal Bank (closed 2026-03-01).

“On March 1, 2026, Fidelity Bank, New Orleans, Louisiana (“Fidelity Bank”), the bank subsidiary of FB Bancorp, Inc. (NASDAQ: FBLA), completed its previously disclosed sale of certain assets of its NOLA mortgage division to First Federal Bank, Lake City, Florida (“First Federal Bank”).”

ProCap Financial, Inc. completed an acquisition involving FalconX Bravo, Inc. for approximately $35,422,500 (closed 2026-02-27).

“he Option Contracts were entered into with FalconX Bravo, Inc. as the counterparty on January 5, 2026 and January 20, 2026, in the ordinary”

Sunbelt Rentals Holdings, Inc. underwent a change of control involving Ashtead Group plc (closed 2026-02-27).

“Redomiciliation Sunbelt Rentals Holdings, Inc., a Delaware corporation (“ Sunbelt Rentals ”), has become the parent holding company of Ashtead Group plc, a company limited by shares incorporated under the laws of England and Wales (“ Ashtead ”) pursuant to a court-approved scheme of arrangement under Part 26 of the U.K.”

ITT INC. completed an acquisition involving LSF11 Redwood TopCo LLC for $4.775 billion (closed 2026-03-02).

“to the Purchase Agreement, the Buyer will purchase 100% of the membership interests of the Target (the “Acquisition”) on a cash-free basis, for an aggregate purchase price of $4.775 billion, which is expected to be comprised of $4.075 billion in cash (the “Cash Consideration”) and 3,839,824 shares of ITT common stock, par value $1.00 per share (the “Stock”

FIRST MID BANCSHARES, INC. completed an acquisition involving Two Rivers Financial Group, Inc. for 2,539,879 shares of First Mid common stock (closed 2026-02-28).

“to be withheld. On an aggregate basis, the total consideration payable by First Mid at the closing of the Merger to Two Rivers’ shareholders and equity holders was approximately 2,539,879 shares of First Mid common stock. Two Rivers’ outstanding stock equity awards fully vested upon consummation of the Merger. This description of the Merger is qualified in its”

FIRST FINANCIAL CORP /IN/ completed an acquisition involving CedarStone Financial, Inc. for $19.12 per share in cash (closed 2026-03-01).

“Merger”). ​ Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”), First Financial paid $19.12 per share in cash for each share of CedarStone’s common stock outstanding. The aggregate value of the transaction was approximately $25.0 million. ​ The foregoing summary of the”

HBT Financial, Inc. completed an acquisition involving CNB Bank Shares, Inc. for approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock (closed 2026-03-01).

“of cash and HBT Financial common stock. In lieu of fractional shares, holders of CNB common stock will receive cash. The aggregate transaction consideration is approximately $34 million in cash and approximately 5.5 million shares of HBT Financial common stock. Following the closing of the Merger, the shares of CNB common stock, which were previously quoted on”