secwatch / observer
8-K filed February 16, 2024, 6:59 PM ET CIK 0001719395
M&A confidence high sentiment neutral materiality 1.00

Eargo, Inc.: M&A transaction — Eargo completes acquisition by Patient Square Capital at $2.55 per share; stock delisted

Eargo, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Eargo, Inc.: The bylaws were amended and restated in their entirety.

Change
bylaw amendment
Exact text from the filing
the Company’s bylaws were amended and restated in their entirety
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Eargo, Inc.: The certificate of incorporation was amended and restated in its entirety.

Change
charter amendment
Exact text from the filing
the Company’s certificate of incorporation was amended and restated in its entirety
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Eargo, Inc. underwent a change of control involving PSC Echo Parent LLC for $2.55 per share (closed 2024-02-16).

Action
change of control
Counterparty
PSC Echo Parent LLC
Consideration
$2.55 per share
Closing
2024-02-16
Exact text from the filing
terms of the Merger Agreement, was cancelled and extinguished and automatically converted into and shall thereafter represent the right to receive an amount in cash equal to $2.55 per share of Company Common Stock (the “ Merger Consideration ”), payable to the holder thereof, without interest and subject to applicable tax withholding, subject to and in
View on SEC.gov

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Source: SEC EDGAR
accession 0001140361-24-008279
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