AstroNova shareholders approve $29.00/share acquisition by Arcline; closing expected Aug 26

AstroNova, Inc.

• Vote: 5,027,868 for, 4,693 against, 5,467 abstain; more than 99% of votes cast in favor.
• Approximately 64% of outstanding shares voted for; majority of outstanding shares required and met.
• Merger price $29.00 per share in cash; closing expected August 26, 2026.
• AstroNova will become a privately held company; common stock will no longer trade on Nasdaq.
• CEO Jorik Ittmann said company will partner with Arcline to build on business strengths for long-term growth.