Midcap Financial (MFIC) Merger Gets CEF Stockholders' Approval [Yahoo! Finance]
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AssetMark Financial Holdings, Inc. (AMK)
Company Research
Source: Yahoo! Finance
as “CEF”) proposed merger received approval from CEF Stockholders recently. The approval was granted during the special stockholders meeting on Jun 21, 2024. Roughly 53% of AFT and AIF common shares outstanding voted in favor of the merger proposal. This, thus, fulfilled the stockholder approval requirements. The final voting results remain subject to certification by the inspector of election of AFT and AIF special meetings of stockholders. On May 28, 2024, MFIC's stockholders approved the merger in a special meeting. The merger is expected to be closed in late July, subject to fulfillment of customary closing conditions. Upon the completion of the merger, the combined entity will continue to trade on the Nasdaq Global Select Market under the ticker symbol “MIFC.” Stockholders of CEF will receive MFIC shares with a net asset value (“NAV”) equivalent to the NAV of their current shares in each respective CEF, with the applicable NAVs to be determined before the closing of the m
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AMK
Earnings
- 5/1/24 - Beat
AMK
Sec Filings
- 6/20/24 - Form 8-K
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- AMK's page on the SEC website