Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Agreement and Plan of Merger with Horizon Acquisition Parent LLC, the sellers set forth on the signature pages thereto, and Novacap TMT V, L.P. valued at $305 million in cash (effective 2023-10-24).
- Action
- entry
- Agreement
- merger
- Counterparty
- Horizon Acquisition Parent LLC, the sellers set forth on the signature pages thereto, and Novacap TMT V, L.P.
- Value
- $305 million in cash
- Effective
- 2023-10-24
Exact text from the filing
On October 24, 2023, Shenandoah Telecommunications Company (“Shentel”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), with Horizon Acquisition Parent LLC, a Delaware limited liability company (“Horizon”), Fox Merger Sub I Inc., a Delaware corporation and wholly-owned subsidiary of Shentel (“Merger Sub I”), Fox Merger Sub II, a Delaware limited liability company and wholly-owned subsidiary of Shentel (“Merger Sub II”), the sellers set forth on the signature pages thereto (each, a “Seller” and collectively, the “Sellers”) and Novacap TMT V, L.P., as representative of the Sellers (the “Seller Representative”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Investment Agreement with ECP Fiber Holdings, LP and Hill City Holdings, LP valued at 81,000 shares (effective 2023-10-24).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- ECP Fiber Holdings, LP and Hill City Holdings, LP
- Value
- 81,000 shares
- Effective
- 2023-10-24
Exact text from the filing
Contemporaneously with the execution of the Merger Agreement, Shentel and Shentel Broadband Holding Inc., a wholly-owned subsidiary of Shentel (“Shentel Broadband”), entered into an investment agreement (the “Investment Agreement”) with ECP Fiber Holdings, LP, a Delaware limited partnership (“ECP Investor”), and, solely for the limited purposes set forth therein, Hill City Holdings, LP, a Delaware limited partnership affiliated with ECP Investor (“Hill City”).
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