m_and_a
confidence high
sentiment positive
materiality 0.75
Radius Recycling shareholders approve merger with Toyota Tsusho America; close expected H2 2025
RADIUS RECYCLING, INC.
- Over 20.4M shares voted for the merger, 46,754 against, 43,310 abstain — ~99.8% approval of votes cast.
- Non-binding advisory vote on executive merger compensation also passed (91% for).
- Adjournment proposal not needed; quorum of 72.6% of outstanding shares present.
- Parties expect merger to close in second half of calendar 2025.
item 5.07