AstroNova to be acquired by Arcline in all-cash deal valued at ~$272M, $29.00/share

AstroNova, Inc.

Cash consideration of $29.00 per share represents ~209% premium over April 6, 2026 closing price.
Enterprise value of approximately $272 million; transaction approved unanimously by AstroNova Board.
Deal expected to close in Q3 2026, subject to shareholder vote and regulatory approvals.
Stock options, RSUs, and RSAs will vest and be converted to cash at the $29.00 per share value.
AstroNova will become a privately held company; Arcline funds guarantee payment obligations.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AstroNova, Inc. entered into Agreement and Plan of Merger with Orion Merger Parent, Inc. and Orion MergerCo X, Inc. valued at $29.00 per share (effective 2026-06-16).

Action: entry
Agreement: merger
Counterparty: Orion Merger Parent, Inc. and Orion MergerCo X, Inc.
Value: $29.00 per share
Effective: 2026-06-16

Exact text from the filing

On June 16, 2026, AstroNova, Inc., a Rhode Island corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among the Company, Orion Merger Parent, Inc., a Delaware corporation (“Parent”), and Orion MergerCo X, Inc., a Rhode Island corporation and a wholly owned subsidiary of Parent (“Merger Sub”), providing for the acquisition of the Company by Parent as described below.

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AstroNova, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-273447

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