m_and_a
confidence high
sentiment neutral
materiality 1.00
Urgent.ly acquired by Agero at $5.50/share; merger closed April 28, 58.7% shares tendered
Urgent.ly Inc.
- Tender offer closed with 1,288,914 shares (~58.7% of outstanding) validly tendered; all conditions satisfied.
- Merger effective April 28, 2026; stockholders received $5.50 per share in cash; Company now wholly owned by Agero.
- All prior directors (Booth, Domanig, Doran, Micali, Pollock, Zyngier) resigned; new directors are Ferrick, Necheles, Blecher.
- New officers include David Ferrick (President), Glenn Cusano (CFO), Jeffrey Blecher (COO), and others.
- Certificate of incorporation and bylaws amended; outstanding RSUs/options cashed out at $5.50/share (less strike).
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