Electro-Sensors acquired by steute Industrial Controls for $7.75/share; stock delisted

ELECTRO SENSORS INC

Merger completed July 30, 2026; shareholders receive $7.75 per share in cash.
Common stock to be delisted from Nasdaq Capital Market and deregistered with SEC.
All directors (Klenk, Marino, Gabbard, Peterson) resigned at effective time.
Company becomes wholly owned subsidiary of steute Industrial Controls.
Options and RSUs cashed out at $7.75 per share less exercise price.

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