M&A Transactions

MID PENN BANCORP INC completed an acquisition involving 1st Colonial Bancorp, Inc. for approximately $106.1 million (closed 2026-02-27).

“subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total”

VIRTUS INVESTMENT PARTNERS, INC. completed an acquisition involving Keystone National Group, LLC for (a) $200 million in cash at Closing, subject to customary adjustments as set forth in the Purchase Agreement, (b) an additional $65 million payable in cash on t (closed 2026-03-01).

“with the terms and subject to the conditions of the Transaction documents. The purchase price payable by the Company for the equity of Keystone acquired at Closing was (a) $200 million in cash at Closing, subject to customary adjustments as set forth in the Purchase Agreement, (b) an additional $65 million payable in cash on the first anniversary of the”

Avidity Biosciences, Inc. completed a disposition involving Atrium Therapeutics, Inc. (SpinCo, formerly Bryce Therapeutics, Inc.) (closed 2026-02-26).

“On February 26, 2026, the Company completed the previously announced transactions pursuant to the Separation and Distribution Agreement”

Avidity Biosciences, Inc. underwent a change of control involving Novartis AG (Parent) and Ajax Acquisition Sub, Inc. (Merger Sub) for $72.00 per share in cash (closed 2026-02-27).

“immediately prior to the Effective Time (other than the Excluded Shares) was cancelled and converted automatically into the right to receive an amount in cash equal to $72.00, without interest and subject to any applicable tax withholdings (the “ Merger Consideration ”). • At the Effective Time, each option to purchase shares of Company Common Stock”

Indaptus Therapeutics, Inc. underwent a change of control involving David E. Lazar (closed 2026-02-26).

“greement (the “Purchase Agreement”) with David E. Lazar (“Mr. Lazar”) pursuant to which he purchased from the Company 300,000 shares of Series AA Convertible Preferred Stock (the “Series AA Preferred Stock”) and 700,000 shares of Series”

Atrium Therapeutics, Inc. completed a disposition involving Avidity Biosciences, Inc. (closed 2026-02-26).

“Avidity Biosciences, Inc. (“Avidity”) completed the previously announced separation of all of its assets and liabilities exclusively related to its early stage precision cardiology programs”

ContextLogic Holdings Inc. completed an acquisition involving US Salt Parent Holdings, LLC for approximately $907.5 million (closed 2026-02-26).

“business, and the Company holds substantially all of the assets and business of US Salt. The Company and Holdings acquired US Salt for a purchase price of approximately $907.5 million, subject to customary adjustments, including for cash, debt, and net working capital, which was comprised of approximately $582.3 million in cash consideration (including, among”

BATTALION OIL CORP completed a disposition involving MCM Delaware Resources, LLC for $60.1 million (closed 2026-02-24).

“On February 24, 2026, in accordance with the terms of the Sale Agreement, the Company completed the West Quito Sale, for a total cash adjusted purchase price of approximately $60.1 million, subject to customary post-closing adjustments as provided in the Sale Agreement.”

LataMed AI Corp. completed an acquisition involving Kevin Rodan Levy for 12,000,000 shares of restricted common stock, par value $0.0001 per share (closed 2026-02-17).

“property (collectively, the “Acquired Assets”). As consideration for the acquisition of the Acquired Assets, the Company agreed to issue to the Seller Twelve Million (12,000,000) shares of the Company’s restricted common stock, par value $0.0001 per share (the “Purchase Shares”). The Purchase Shares were issued at par value and are subject to”

REALLOYS INC. completed an acquisition involving REalloys Solutions Inc. (formerly known as REalloys Inc.; Private REalloys) (closed 2026-02-24).

“On February 24, 2026, the Merger closed (the “ Closing ” and such date, the “ Closing Date ”).”

Protagenic Therapeutics, Inc.new completed a disposition involving Former Phytanix Stockholders (closed 2026-02-17).

“PTIX disposed of its ownership interest in Phytanix Bio and returned 100% of the issued and outstanding shares of Phytanix Bio to the Former Phytanix Stockholders.”

NORTHERN OIL & GAS, INC. completed an acquisition involving Antero Resources Corporation, Antero Minerals LLC, Monroe Pipeline LLC, Antero Midstream LLC, Antero Water LLC, Antero Treatment LLC for combined cash purchase price of approximately $800 million (closed 2026-02-23).

“On February 23, 2026, Northern Oil and Gas Inc. (“Northern”) and Infinity Natural Resources, LLC (“INR Holdings” and, together with Northern, the “Buyers”) completed their previously announced acquisitions (the “Antero Acquisitions”) of (i) certain rights, title and interests in upstream oil and gas properties, rights and related assets located in the State of Ohio (the “Upstream Assets”) from Antero Resources Corporation, Antero Minerals LLC and Monroe Pipeline LLC (collectively, the “Upstream Sellers”), pursuant to that certain purchase and sale agreement (the “Upstream Purchase Agreement”), dated December 5, 2025, by and among INR Holdings, Northern and the Upstream Sellers, for a combined cash purchase price of approximately $800 million”

INVO Fertility, Inc. completed an acquisition involving Family Beginnings P.C. (the Clinic) for $760,000 (closed 2026-02-18).

“On February 18, 2026, the Company, through Buyer, consummated its acquisition (the “Acquisition”) of Family Beginnings P.C. (the “Clinic”) for a combined purchase price of $760,000, of which $360,000 was paid in cash on the closing date (a net amount of $210,000 after a $150,000 holdback) and $400,000 was paid on the closing date in 400 shares of the Company’s Series D Preferred”

GENERATION INCOME PROPERTIES, INC. completed a disposition for $1,950,000 in cash (closed 2025-10-30).

“at 702 Tillman Place in Plant City, Florida (the “Plant City Property”), completed on October 30, 2025. The Original 8-K disclosed the sale of the Plant City Property for $1,950,000 in cash, subject to customary prorations and adjustments. At the time of filing the Original 8-K, the financial statements and pro forma financial information required by Item”

GENERATION INCOME PROPERTIES, INC. completed a disposition involving Thompson, Inc. for $6,702,000 (closed 2025-12-15).

“price of $6,850,000 was reduced by $148,000 in connection with certain elevator and restroom repair items identified during due diligence, resulting in a final purchase price of $6,702,000, subject to customary prorations and adjustments. In connection with the First Amendment, the buyer agreed to waive and release any related claims against the Company, and the”

GENERATION INCOME PROPERTIES, INC. completed a disposition involving Realty Income Properties 26, LLC for $4,972,704 (closed 2025-12-05).

“by and between GIPCO 585 24 1⁄2 Road, LLC, as seller, and Realty Income Properties 26, LLC, as buyer. The Grand Junction Property was sold for a gross purchase price of $4,972,704 in cash, subject to customary prorations and adjustments. At the time of sale, the Grand Junction Property was leased to Best Buy Stores, L.P. pursuant to a lease originally dated”

INFINITY NATURAL RESOURCES, INC. completed an acquisition involving Antero Resources Corporation, Antero Minerals LLC and Monroe Pipeline LLC (Upstream Sellers); Antero Midstream LLC, Antero Water LLC and Antero Treatment LLC (Midstream Sellers) for combined cash purchase price of approximately $800 million and ... approximately $400 million (closed 2026-02-23).

“On February 23, 2026, Infinity Natural Resources, LLC (“INR Holdings”) and Northern Oil and Gas Inc. (“Northern” and, together with INR Holdings, the “Buyers”) completed their previously announced acquisitions (the “Antero Acquisitions”) of (i) certain rights, title and interests in upstream oil and gas properties, rights and related assets located in the State of Ohio (the “Upstream Assets”) from Antero Resources Corporation, Antero Minerals LLC and Monroe Pipeline LLC (collectively, the “Upstream Sellers”), pursuant to that certain purchase and sale agreement (the “Upstream Purchase Agreement”), dated December 5, 2025, by and among INR Holdings, Northern and the Upstream Sellers, for a combined cash purchase price of approximately $800 million and (ii) certain gathering, compression and transportation systems, water facilities and systems, equipment and related assets located in the counties of Belmont, Guernsey, Monroe, Noble and Washington, Ohio (the “Midstream Assets” and, togethe”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Galleria Lodging, LP and Arboretum Lodging for $13.5 million in cash (closed 2026-02-17).

“On February 17, 2026, Ashford Austin LP, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the Embassy Suites Austin in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of November 11, 2025, by and between New Houston Hotel Limited Partnership and Ashford Austin LP, collectively as seller, and Galleria Lodging, LP and Arboretum Lodging, collectively as purchaser, for $13.5 million in cash, subject to customary pro-rations and adjustments.”

Serve Robotics Inc. /DE/ completed an acquisition involving Vebu, Inc. for aggregate value of $3.75 million (closed 2026-02-17).

“Vebu (the “Vebu Stockholders”) at the Closing consisted of a number of the Company’s common stock, par value $0.0001 per share (“Common Stock”) with an aggregate value of $3.75 million, subject to a net debt adjustment, net working capital adjustment and such other adjustments as set forth in the Merger Agreement. In addition, Vebu Stockholders may receive”

NightFood Holdings, Inc. completed an acquisition involving Christopher Erpelding for 7,000,000 restricted shares of the Company’s common stock (closed 2026-02-17).

“software and trade secrets related to Beer Bot and its evolved platform “BIM-E,”, an autonomous beverage robotics platform for the purchase price (the “Purchase Price”) of 7,000,000 restricted shares of the Company’s common stock. Additionally, TechForce and the Seller entered into an Intellectual Property Assignment Confirmation, whereby all of the”

Avalon GloboCare Corp. completed a disposition involving Wenzhao Lu for $9,000,000 (closed 2026-02-18).

“and (ii) the satisfaction, in full, of an approximately $5,900,000 balance due on an existing mortgage financing. This represents a total amended aggregated purchase price of $9,000,000. As a result of the closing of this transaction, the Company has been relieved of all obligations as a guarantor on the mortgage that was associated with the property owned by”

KEEMO Fashion Group Ltd underwent a change of control involving Addentax Group Corp. for approximately $5.5 million (closed 2026-05-01).

“the controlling shareholder of the Company. The transaction was completed on May 1, 2026 (the “Closing date”). The aggregate purchase price for the acquisition was approximately $5.5 million and the purchase consideration shall be satisfied by utilizing a portion of an existing bond held by the Purchaser. In connection with the partial bond transfer, the Purchaser”

Cardinal Infrastructure Group Inc. completed an acquisition involving Diamond Interests Group, LLC for $245.5 million (closed 2026-02-18).

“Anthony Wood, the “Seller Owners”). The Seller is wholly owned by Anthony Wood and Benjamin Wood. Pursuant to the Purchase Agreement, Purchaser paid aggregate consideration of $245.5 million consisting of (i) $128.6 million in cash (as may be adjusted pursuant to the terms and conditions set forth in the Purchase Agreement); (ii) 4,186,062 limited liability”

Sotherly Hotels Inc. underwent a change of control involving KW Kingfisher LLC for $2.25 per share (closed 2026-02-12).

“”) issued and outstanding immediately before the Effective Time (other than Cancelled Shares) was automatically converted into the right to receive an amount in cash equal to $2.25 per share, without interest (the “ Per Company Share Merger Consideration ,” and in the aggregate, the “ Merger Consideration ”); (B) each share of the Company’s 8.0% Series B”

Sensei Biotherapeutics, Inc. completed an acquisition involving Faeth Holdings Therapeutics, Inc. and Faeth Therapeutics, LLC (closed 2026-02-17).

“On February 17, 2026, the Company completed its acquisition of the Faeth Entities.”

Invech Holdings, Inc. completed an acquisition involving Alexander M. Woods-Leo for $350,000 (closed 2026-02-17).

“Agreement, SCC sold its control block of stock, 300,000 shares of Convertible Series A Preferred Stock and 90,000,000 shares of Restricted Common Stock for the purchase price of $350,000. The Agreement was fully executed on February 17, 2026. (See Exhibit 10.2) On February 12, 2026, the registrant’s majority shareholder, SCC entered into a Cancellation of Debt”

Invech Holdings, Inc. underwent a change of control involving Alexander M. Woods-Leo for $350,000 (closed 2026-02-17).

“Agreement, SCC sold its control block of stock, 300,000 shares of Convertible Series A Preferred Stock and 90,000,000 shares of Restricted Common Stock for the purchase price of $350,000. The Agreement was fully executed on February 17, 2026. (See Exhibit 10.2) On February 12, 2026, the registrant’s majority shareholder, SCC entered into a Cancellation of Debt”

Cineverse Corp. completed an acquisition involving John Marchesini, Nicholas Frazee, Michael Wanetik, Iurii Gorokhov, Kyrylo Shkodkin and Adtelligent Holdings Limited (collectively, the “Sellers”) for $22,000,000 (closed 2026-02-13).

“Nicholas Frazee, Michael Wanetik, Iurii Gorokhov, Kyrylo Shkodkin and Adtelligent Holdings Limited (collectively, the “Sellers”). The purchase price for the Acquisition was $22,000,000, subject to working capital and other adjustments, consisting of (i) $12,800,000 in cash at closing and (ii) $9,200,0000 in Class A Common Stock, par value $0.001 per share, of the”

Medalist Diversified, Inc. completed a disposition involving CLM Acquisitions, LLC for $11,000,000 (closed 2026-02-13).

“On February 13, 2026, 2025, the Company closed on the sale of the Greenbrier Business Center Property (the “Disposition”). The total sales price of the Greenbrier Business Center Property was $11,000,000.”

T3 Defense Inc. completed an acquisition involving Gera Eron (closed 2026-02-16).

“On February 16, 2026, T3 Defense Inc., a Delaware corporation (the “Company”), acquired 51% of the outstanding equity capital of I.T.S. Industrial Tecno-logic Solutions Ltd. (“ITS”) on a fully diluted basis.”

Infleqtion, Inc. underwent a change of control involving Legacy Infleqtion (ColdQuanta, Inc.) for 151,804,988 shares of Common Stock at $10.00 per share (closed 2026-02-13).

“(other than Excluded Shares and Dissenting Shares (each as defined in the Merger Agreement)) were automatically cancelled and converted into the right to receive an aggregate of 151,804,988 shares of Common Stock (at a deemed value of $10.00 per share). At the Effective Time, each (i) outstanding and unexercised Legacy Infleqtion option (whether or not vested) was”

TORO CO completed an acquisition involving Tornado Infrastructure Equipment Ltd. for CAD $1.92 per share for a total fully diluted equity value of $279 million (CAD) (closed 2025-12-08).

“TTC purchased all outstanding shares of Tornado for CAD $1.92 per share for a total fully diluted equity value of $279 million (CAD)”

Capstone Holding Corp. completed an acquisition involving Continental Stone Industries Inc. and Fraser Canyon Holdings Inc. (closed 2025-12-01).

“The Acquisition closed on December 1, 2025.”

Ryerson Holding Corp completed an acquisition involving Olympic Steel, Inc. for 1.7105 Ryerson common shares per share of Olympic common stock, cash in lieu of fractional shares (closed 2026-02-13).

“eted the transactions contemplated by the Agreement and Plan of Merger, (the “ Merger Agreement ”), dated as of October 28, 2025, by and among Ryerson, Crimson MS Corp., an Ohio corporation and a direct wholly owned subsidiary of Ryerson (“ Merger Sub ”), and Olympic Steel, Inc., an Ohio corporation (“ Olympic ”). All defined terms used in this Current Report on Form 8-K (this “ Current Report ”) that are not otherwise defined herein have the meanings ascribed to such terms in the Merger Agreement.”

OLYMPIC STEEL INC underwent a change of control involving Ryerson Holding Corporation (closed 2026-02-13).

“On the Closing Date, the parties completed the Merger.”

AVADEL PHARMACEUTICALS PLC underwent a change of control involving Alkermes plc for $21.00 in cash and one non-transferable contingent value right (closed 2026-02-12).

“Shares outstanding as of 11:59 p.m., New York City time, on February 11, 2026, the business day prior to the occurrence of the Effective Time, became entitled to receive (i) $21.00 in cash (the “Cash Consideration”) for each Avadel Share and (ii) one non-transferable contingent value right (a “CVR”) for each Avadel Share, in each case in accordance with the”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Galleria Lodging, LP and Arboretum Lodging for $13.5 million in cash (closed 2026-02-09).

“On February 9, 2026, New Houston Hotel Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the Embassy Suites Houston Near the Galleria located in Houston, Texas pursuant to an Agreement of Purchase and Sale, dated as of November 11, 2025, by and between New Houston Hotel Limited Partnership and Ashford Austin LP, collectively as seller, and Galleria Lodging, LP and Arboretum Lodging, collectively as purchaser, for $13.5 million in cash, subject to customary pro-rations and adjustments.”

Alkermes plc. completed an acquisition involving Avadel Pharmaceuticals plc for $21.00 in cash, plus one non-transferable contingent value right representing a potential additional cash payment of $1.50 per Avadel Share (closed 2026-02-12).

“Shares outstanding as of 11:59 p.m., New York City time, on February 11, 2026, the business day prior to the occurrence of the Effective Time, became entitled to receive (i) $21.00 in cash (the “Cash Consideration”) for each Avadel Share and (ii) one non-transferable contingent value right (a “CVR”) for each Avadel Share, in each case in accordance with the”

MetroCity Bankshares, Inc. completed an acquisition involving First IC Corporation for 0.3729 shares of Metro City's common stock and $12.20 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equ (closed 2025-12-01).

“with and into Metro City, with Metro City as the surviving corporation (the “Merger”), and each share of First IC common stock outstanding was converted into the right to receive 0.3729 shares of Metro City's common stock and $12.20 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equity-holders consisted of”

Nuburu, Inc. completed an acquisition involving Brick Lane Capital Management Limited for $15,000,000 (closed 2026-02-06).

“(“H&K”), a leading manufacturer of small firearms for NATO and EU countries whose shares are listed on Euronext Paris under the ticker MLHK, for an aggregate purchase price of $15,000,000, which was paid by Subordinated Convertible Note (the “H&K Acquisition Note”). The H&K Acquisition Note bears no interest except in the event of a default, has a March 19, 2027”

PRO DEX INC completed an acquisition involving Advanced Precision Machining LLC for approximately $8,650,000 (closed 2026-02-09).

“each an individual, as the owners of Seller (“Owners” and, together with Seller, the “Seller Parties”). The aggregate purchase price for the Acquisition was approximately $8,650,000, of which approximately $6,650,000 was paid by the Company in cash at closing and $2,000,000 of which is to be paid by the Company under the terms of a 63-month subordinated”

TreeHouse Foods, Inc. underwent a change of control involving Industrial F&B Investments II, Inc. for $22.50 in cash (closed 2026-02-11).

“☐ INTRODUCTION On February 11, 2026 (the “Closing Date”), pursuant to the Agreement and Plan of Merger, dated as of November 10, 2025 (as it may be amended from time to time, the “Merger Agreement”), by and among Industrial F&B Investments II, Inc., a Delaware corporation (“Parent”), Industrial F&B Investments III, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”) and TreeHouse Foods, Inc., a Delaware corporation (“Treehouse” or the “Company”), Merger Sub merged with and into the Company, with the Company surviving as a wholly owned subsidiary of Parent (the “Merger”).”

CEMTREX INC completed an acquisition involving Richland Industries LLC for purchased the business assets and property for $5.5 million (closed 2026-02-05).

“and current backlog, AIS Tennessee is expected to contribute approximately $8 to $10M in revenue over the next twelve months. AIS purchased the business assets and property for $5.5 million and assumed certain operating liabilities in connection with the transaction. The acquisition and property purchase was financed through loans from Fulton Bank, and no equity was”

Hillenbrand, Inc. underwent a change of control involving LSF12 Helix Parent, LLC for $32.00 in cash per share (closed 2026-02-10).

“Parent, Merger Sub or any other wholly owned subsidiary of Parent (each of which was cancelled) (collectively, “ Cancelled Shares ”), was converted into the right to receive $32.00 in cash (the “ Merger Consideration ”), without interest and subject to any required tax withholding. At the Effective Time, each outstanding option to purchase shares of Company”

BiomX Inc. completed a disposition involving Trustee (closed 2026-02-04).

“On February 4, 2026, the Trustee notified BiomX Ltd.’s Chief Executive Officer and Chief Financial Officer that their roles as officers of BiomX Ltd. had been terminated. The Company determined that the termination is considered as a change of control as of February 4, 2026, and that BiomX Ltd. should be deconsolidated from the Company’s consolidated financial statements. The deconsolidation of BiomX Ltd. is considered a disposition of a significant amount of assets under Item 2.01 of Form 8-K.”

La Rosa Holdings Corp. completed a disposition involving the Buyer for $500,000 (closed 2026-02-04).

“2.01 below and is incorporated by reference in this Item 1.01. Under the Sale Agreement, the Company will receive from the Buyer aggregate cash consideration for the Interest of $500,000, payable in twelve (12) equal monthly installments of $41,666.67, commencing February 28, 2026. In addition, the Buyer agreed to pay the Company $61,200, representing the Company’s”

WATERS CORP /DE/ completed an acquisition involving Becton, Dickinson and Company (closed 2026-02-09).

“On February 9, 2026 (the “Closing Date”), Waters Corporation, a Delaware corporation (“Waters”), and Becton, Dickinson and Company, a New Jersey corporation (“BD”), announced that they consummated the previously announced spin-off of BD’s Biosciences and Diagnostic Solutions business (the “SpinCo Business”) and combination of the SpinCo Business with Waters.”

Crimson Wine Group, Ltd completed an acquisition involving Purple Wine Company, LLC for approximately $35.2 million (closed 2026-02-09).

“and certain consumer and customer lists, and assumed certain liabilities of Seller in connection with the acquired assets. The purchase price for the assets was approximately $35.2 million. The acquisition of the assets under the Asset Purchase Agreement was funded with cash on hand and borrowings under the Company’s existing revolving credit facility. The Asset”

Generation Bio Co. underwent a change of control involving XOMA Royalty Corporation for $4.2913 per Company Share, payable in cash, without interest and less any applicable tax withholding, plus one non-tradeable contingent value right per Company (closed 2026-02-09).

“to acquire all of the issued and outstanding shares (the “Company Shares”) of common stock, par value $0.0001 per share, of the Company (the “Company Common Stock”) for (i) $4.2913 per Company Share, payable in cash, without interest and less any applicable tax withholding (such amount, the “Cash Amount”), plus (ii) one non-tradeable contingent value right”

Seaport Entertainment Group Inc. completed a disposition involving 250 Water Street Owner LLC (an affiliate of Tavros Holdings LLC) for $143.0 million (closed 2026-02-06).

“On February 6, 2026, 250 Seaport District, LLC (the “Seller”), a subsidiary of Seaport Entertainment Group Inc. (the “Company”), completed the sale (the “Sale”) of a mixed-use development project located at 250 Water Street (“250 Water Street”) to 250 Water Street Owner LLC (the “Buyer”) for a sale price of $143.0 million.”