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0.00159836065573762 0.00143442622950813 0 0.00819672131147542 0.00819672131147542 0.00819672131147542 0.00819672131147542 0.00819672131147542
Stock impact report

SPAR Group Stockholders Approve Merger with Highwire Capital

SPAR Group, Inc. (SGRP) 
US:NASDAQ Investor Relations: investors.sparinc.com/investor-relations
Company Research Source: Business Wire
AUBURN HILLS, Mich.--(BUSINESS WIRE)--SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR”, “SPAR Group” or the “Company”), a provider of merchandising, marketing and distribution services, today announced that its stockholders approved at a special meeting the acquisition of SPAR Group by Highwire Capital (“Highwire Capital”).The final voting results will be reported in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission.Under the terms of the Agreement and Plan of Merger, dated as of August 30, 2024 (the “Merger Agreement”), by and among SPAR Group, Highwire Capital and Highwire Merger Co. I, Inc., a wholly owned subsidiary of Highwire Capital, SGRP stockholders will receive $2.50 in cash per share of common stock. SPAR Group expects to announce the consummation of the transaction later in the fourth quarter of 2024, subject to the satisfaction of certain customary closing conditions set forth in the Merger Agreement. Upon completion of the transaction, SPAR Show less Read more
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