secwatch.observer — SEC 8-K summary
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Issuer:     ULTRALIFE CORP (ULBI)
CIK:        0000875657
Form:       8-K
Filed at:   2026-10-28T16:13:34+00:00
Accession:  0001437749-26-033731
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

EnerSys to acquire Ultralife for $16.00/share cash in ~$320M deal at 166% premium
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- Ultralife shareholders will receive $16.00 per share in cash; transaction valued at approximately $320 million including assumption of net debt.
- Purchase price represents a 166% premium to Ultralife's closing stock price on October 26, 2026; both boards unanimously approved.
- Stockholders beneficially owning approximately 40.3% of Ultralife shares signed tender and support agreements to tender and vote for the merger.
- Two-step tender offer followed by a merger under Delaware Section 251(h); conditions include HSR and UK NSIA clearances.
- Outside date is April 27, 2027, extendable by two 60-day periods for antitrust; $10.3 million termination fee payable by either party in specified cases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875657/000143774926033731/0001437749-26-033731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875657/000143774926033731/ulbi20261027_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-033731

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