m_and_a
confidence high
sentiment negative
materiality 0.85
STAAR Surgical's merger with Alcon terminated after shareholder vote; no fee
STAAR SURGICAL CO
- Merger agreement with Alcon terminated effective Jan 6, 2026; no termination fee payable.
- Special meeting held same day; 87.9% of shares represented (43,367,928 of 49,365,823).
- Merger proposal not approved: 14,904,915 For, 27,339,877 Against, 1,123,136 abstain.
- Compensation proposal not approved: 14,224,065 For, 27,905,792 Against, 1,238,071 abstain.
- Both parties bear their own costs and expenses under the Merger Agreement.
item 1.02item 5.07