M&A
confidence high
sentiment neutral
materiality 0.60
Allied Motion acquires Spectrum Controls for $70M; $27M cash plus stock at close
ALLIENT INC
- Total purchase price $70M, less indebtedness and transaction expenses; $27M cash and 502,512 shares ($35.82/shr) paid at close.
- Deferred consideration: $12.5M cash and $12.5M in stock payable in two equal installments over two years.
- Deferred shares valued based on 5-day VWAP before each payment date; closing shares issued under Section 4(a)(2).
- Acquisition deemed not significant under Reg S-X; no pro forma financials filed.