SPAR Group shareholders approve $2.50/share merger with Highwire Capital

SPAR Group, Inc.

Special meeting held Oct 25, 2024; 11,891,675 voted for, 12,498 against, 1,174 abstained.
Shareholders to receive $2.50 cash per share under Merger Agreement dated Aug 30, 2024.
Transaction expected to close later in Q4 2024, subject to customary closing conditions.
Upon closing, SPAR Group will become a privately held company; SGRP will de-list from Nasdaq.
Compensation proposal for named executive officers also approved on advisory basis (11,019,540 for).

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