Stein Mart Enters into Transaction to Become a Private Company
SmartRent, Inc. Class A (SMRT)
US:NASDAQ Investor Relations:
ir.steinmart.com/investor-relations
Company Research
Source: GlobeNewswire
Stein Mart Shareholders to Receive $0.90 per Share in Cash Price Represents a 38% Premium to the Closing Price on January 30, 2020 JACKSONVILLE, Fla., Jan. 31, 2020 (GLOBE NEWSWIRE) -- Stein Mart, Inc. (NASDAQ: SMRT) (“Stein Mart” or the “Company”) today announced it has entered into a definitive merger agreement under which an affiliate of Kingswood Capital Management, L.P. (“Kingswood”) will acquire all of the outstanding common stock of Stein Mart not already beneficially owned by affiliates of Jay Stein, Stein Mart’s former CEO and current Chairman of the Board of Directors, and related investors for $0.90 per share in cash. Upon closing, Stein Mart will become a privately held company and Stein Mart common stock will no longer be listed or traded on any public stock market. The purchase price represents a premium of approximately 38% to Stein Mart’s closing stock price on January 30, 2020, the last trading day prior to this announcement. The transaction was unanimously app
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SMRT
Earnings
- 3/5/24 - Beat
SMRT
Sec Filings
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- 4/19/24 - Form 4
- SMRT's page on the SEC website