Iteris Stockholders Approve Merger Agreement with Almaviva
Iteris, Inc. (ITI)
NASDAQ:AMEX Investor Relations:
iterisinc.gcs-web.com/investor-relations
Company Research
Source: Business Wire
More Than 98% of Votes Cast at Special Meeting Voted for Transaction AUSTIN, Texas--(BUSINESS WIRE)--Iteris, Inc. (NASDAQ: ITI) (“Iteris” or the “Company”), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (“Almaviva”) at Iteris’ Special Meeting of Stockholders held yesterday.As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris’ stockholders will receive $7.20 per share of common stock, valuing Iteris at approximately $335 million equity value. The parties anticipate the transaction will close on or about November 1, 2024, subject to customary closing conditions. Upon completion of the merger, Iteris common stock will no longer be listed on any public market.More than 98% of the shares of Iteris common stock present, in person or by proxy, at the Special Meeting
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ITI
News
- Iteris Completes Transaction with Almaviva [Yahoo! Finance]Yahoo! Finance
- Iteris, Inc. (NASDAQ: ITI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Iteris Stockholders Approve Merger Agreement with Almaviva [Yahoo! Finance]Yahoo! Finance
- Iteris, Inc. (NASDAQ: ITI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Iteris, Inc. (NASDAQ: ITI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
ITI
Earnings
- 8/8/24 - Beat
ITI
Sec Filings
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- 11/1/24 - Form 4
- ITI's page on the SEC website