M&A
confidence high
sentiment neutral
materiality 1.00
AstroNova completes $29.00/share all-cash acquisition by Arcline; delisting from Nasdaq
AstroNova, Inc.
- Total consideration ~$241.9M for ~8.4M shares at $29.00 per share; deal closed Aug 26, 2026.
- Trading suspended after Aug 26, 2026; Form 25 to delist from Nasdaq and Form 15 to terminate SEC reporting.
- All outstanding options, RSUs, PSUs, and RSAs cashed out at $29.00 per share (or intrinsic value).
- Credit agreement with Bank of America repaid in full and terminated; liens and guarantees released.
- Seven directors resigned; Thomas W. Carll and Padraig Finn appointed as new directors of surviving corporation.