Search:
   

Monday, May 6, 2024

Equity Corporate Actions Alert #2024 - 223
(UPDATED: Merger closed) Information Regarding the Merger of ZeroFox Holdings, Inc. (ZFOX & W)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

At a special meeting held on April 30, 2024, the shareholders of ZeroFox Holdings, Inc. (ZFOX & W) approved the proposed merger with Haveli Investments. The merger is tentatively scheduled to close prior to the market open on May 13, 2024. In anticipation of the closing, the stock will be halted immediately following the after-hours session at 8 p.m. on May 10, 2024. If the merger closes as anticipated, the stock will remain halted on the day of closing (May 13th) and will be suspended effective May 14, 2024. The details are as follows:

Company Name/Issue: ZeroFox Holdings, Inc. Common Stock
CUSIP#: 98955G103
Symbol: ZFOX
Last Trading Date: May 10, 2024
Marketplace Effective Date for Suspension: May 14, 2024
Merger Consideration: $1.14 for each share held.
Company Name/Issue: ZeroFox Holdings, Inc. Warrant
CUSIP#: 98955G111
Symbol: ZFOXW
Last Trading Date: May 10, 2024
Marketplace Effective Date for Suspension: May 14, 2024
Merger Consideration: The exercise price for the holder of ZFOXW that properly exercises such warrant within 30 days following the public disclosure of the closing of the merger pursuant to a current report on Form 8-K filed with the SEC will be reduced as provided for in the warrant agreement governing the public warrants. Such reduced exercise price will be the amount of $1.14 minus the Black-Scholes value of a warrant computed in accordance with the warrant agreement. See proxy statement for details.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.

View NASDAQTrader.com Mobile