Inrad Optics to be acquired by Luxium Solutions for $19M [Seeking Alpha]
INRAD OPTICS INC (INRD)
NASDAQ:AMEX Investor Relations:
inradoptics.com/about-us/investor-relations/presentations
Company Research
Source: Seeking Alpha
firms SK Capital Partners and Edgewater Capital Partners, in an all-cash transaction that values Inrad Optics at about $19 million, including assumed debt. Following the close of the transaction, Inrad Optics will remain a U.S.-controlled and operated company. Under the terms of the definitive merger agreement, Luxium has agreed to acquire all issued and outstanding shares of Inrad Optics common stock, including common stock underlying its $2.5 million convertible notes and in-the-money stock options, for $1.10 per share in cash. The agreement includes a 30-day “go-shop” period expiring on May 8. The transaction is expected to close mid-2024. Recommended For You More Trending News Recommended For You More Trending News
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INRD
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates INRD, AIRC, ELYM, ALPNGlobeNewswire
- INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Inrad Optics, Inc. - INRDPR Newswire
- INRD Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Inrad Optics, Inc. Is Fair to ShareholdersBusiness Wire
- Inrad Optics To Be Acquired by Luxium Solutions for $19 Million [Yahoo! Finance]Yahoo! Finance
- Inrad Optics To Be Acquired by Luxium Solutions for $19 MillionBusiness Wire
INRD
Sec Filings
- 4/9/24 - Form 8-K
- 4/9/24 - Form DEFA14A
- 3/28/24 - Form S-8
- INRD's page on the SEC website