secwatch / observer
8-K filed October 16, 2023, 7:59 PM ET CIK 0001057083
M&A confidence high sentiment positive materiality 0.90

PCTEL agrees to be acquired by Amphenol for $7.00/share in all-cash deal valued at ~$139.7M

PC TEL 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 0.9

PC TEL INC: Adopted forum selection bylaw amendment designating Delaware courts for certain disputes (effective 2023-10-13).

Change
bylaw amendment
Effective
2023-10-13
Exact text from the filing
On October 13, 2023, the Board adopted and approved, effective immediately, an amendment to the Amended and Restated Bylaws of the Company (such amendment, the " Forum Selection Amendment ") to provide that derivative actions, actions for breach of fiduciary duties, claims against the Company’s officers, directors, employees or agents and intra-corporate disputes involving the Company are litigated exclusively in the Delaware Court of Chancery, and to the extent the Delaware Court of Chancery does not have jurisdiction with respect to certain matters, the United States District Court for the District of Delaware, and that actions arising under the Securities Act of 1933, as amended, are litigated exclusively in the U.S. federal district courts.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PC TEL INC entered into Agreement and Plan of Merger with Amphenol Corporation and Hilltop Merger Sub, Inc. valued at $7.00 in cash (effective 2023-10-13).

Action
entry
Agreement
merger
Counterparty
Amphenol Corporation and Hilltop Merger Sub, Inc.
Value
$7.00 in cash
Effective
2023-10-13
Exact text from the filing
On October 13, 2023, PCTEL, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Amphenol Corporation, a Delaware corporation (“ Parent ”) and Hilltop Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub ”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-256549
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