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0 0.0576923076923077 0.0576923076923077 0.0576923076923077 0.00192307692307688 0 0 -0.00384615384615376
Stock impact report

Soho House & Co Inc. Announcement

Soho House & Co Inc. Class A (SHCO) 
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Soho House & Co Inc. (NYSE: SHCO) (“Company”) today issued the following statement.As previously announced, the Board of Directors of the Company established an independent Special Committee of the Board (the “Special Committee”) in the fall of 2023 to evaluate certain strategic transactions, which included potentially becoming a private company. This was instigated because the Company received interest from a party that conditioned a proposal on certain Class B holders rolling over their equity interests in the Company as part of a transaction.The offer received from the party was at a value that reflected a substantial premium over the current trading price. After thorough review by the Special Committee and its independent advisors, the Special Committee concluded that the offer did not adequately reflect the value of the Company and was not in the best interests of its public stockholders. Consequently the Special Committee has requested that the Board Show less Read more
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