M&A
confidence high
sentiment positive
materiality 0.90
Frank's Intl shareholders approve Expro merger; reverse split 1-for-6; closing Oct 1
EXPRO GROUP HOLDINGS N.V.
- All 17 proposals approved at annual meeting; Expro merger received >90% shareholder support.
- Closing set for Oct 1, 2021; all conditions satisfied; merger agreement amended.
- Reverse stock split of 1-for-6 approved; effective immediate before closing.
- Post-merger company renamed Expro Group Holdings N.V.; shares trade under XPRO from Oct 4.