Shyft Group completes merger with Aebi Schmidt, shares to be delisted

SHYFT GROUP, INC.

Merger closed July 1, 2025; Shyft now wholly owned by Aebi Schmidt via Holdco.
Shyft shareholders receive 1.040166 Aebi Schmidt shares per SHYF share.
All pre-merger directors resigned; Barend Fruithof and Thomas Schenkirsch appointed to board.
Nasdaq trading halted; delisting and deregistration requested via Form 25.
Credit agreement repaid in full and terminated at closing.

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