US Merger & Acquisition SEC Filings — March 02, 2026

02-03-2026

HBT Financial, Inc. completed its merger with CNB Bank Shares, Inc. on March 2, 2026, integrating CNB's $1.8B total assets, $1.3B loans held for investment, and $1.5B deposits (as of Dec 31, 2025) into HBT's $5.1B asset base, $3.5B loans, and $4.4B deposits, expanding its footprint in central Illinois, Chicago MSA, and St. Louis MSA markets. The merger also led to the appointment of James T. Ashworth and Nancy L. Ruyle as new directors to HBT Financial and Heartland Bank boards, effective March 1, 2026, with terms expiring at the 2026 Annual Meeting. No financial performance declines or flat metrics were reported in the announcement.

• ·HBT Financial provides financial products and services through 66 full-service branches in Illinois and eastern Iowa.
• ·Peter Chapman designated as IR contact: HBTIR@hbtbank.com, (309) 664-4556.

02-03-2026

Kosmos Energy reported Q4 2025 net production of ~67,900 boepd, up ~4% QoQ, with revenues of $295 million, but posted a net loss of $377 million ($0.79/share) including $144 million write-off and $178 million impairments, with adjusted net loss of $78 million ($0.16/share). Year-end 1P reserves stood at ~250 mmboe (10-year life, 90% replacement ratio) and 2P at ~500 mmboe (20-year life, -18% replacement), bolstered by Ghana license extensions to 2040, while FY capex of $292 million was 25% below guidance. Key post-quarter moves included a $350 million bond offering, redemption of 2026 notes, TEN FPSO acquisition for opex savings, and sale of Equatorial Guinea assets for up to $220 million to accelerate debt reduction from $3.0 billion net debt.

• ·GTA production: Dec 2025 ~2.7 mtpa equivalent, 2026 YTD ~2.9 mtpa; Q4 net ~14,200 boepd.
• ·Jubilee: Current gross >70,000 bopd; J74 well ~13,000 bopd; J75 ~40m net pay, online Q1 2026 end.
• ·Equatorial Guinea sale details: Upfront $180M (adj.), contingents $12.5M (performance) + $9M/yr 2027-2029 (oil price/prod thresholds); effective Jan 1, 2025, close mid-2026.
• ·Hedges: 2026 8.5M bbl floor ~$66/bbl; 2027 2.0M bbl floor ~$60/bbl.
• ·Liquidity at Dec 31, 2025: $92M cash, $150M RBL undrawn, $100M Term Facility undrawn.
• ·Overhead reductions FY 2025: >$25M.
• ·FY 2026 capex guidance: ~$350M (~2/3 to Jubilee drilling).

02-03-2026

Malibu Boats, Inc. (MBUU) acquired Saxdor Yachts for approximately $175M (EUR 150M), consisting of $130M cash and $45M in stock, with up to $84M earnout, at a 7.2x estimated EBITDA multiple. The deal targets the $2.5B adventure dayboat market growing at 15% CAGR, with Saxdor achieving 65% YoY constant currency revenue growth in calendar 2025 and projected $225-235M revenue for the 12 months ending March 31, 2026, at 10-11% EBITDA margins. The acquisition is immediately accretive to EPS and adjusted EBITDA margins, reaffirms FY2026 guidance for legacy business, and results in pro forma net leverage of 1.5x.

• ·Saxdor founded in 2019 in Helsinki, Finland, with facilities in Finland and Poland.
• ·Acquisition closes March 2, 2026; Saxdor operates as subsidiary maintaining brand autonomy.
• ·Pro forma net leverage of 1.5x vs. maximum 2.5x.
• ·North America represents 33% of Saxdor revenue despite 67% of world's high-net-worth adults.

02-03-2026

Crane Harbor Acquisition Corp. (CHAC), a SPAC, filed a definitive proxy statement (DEFM14A) on March 2, 2026, for an extraordinary general meeting on March 19, 2026, seeking approval for its business combination with Xanadu Quantum Technologies Inc. (Old Xanadu) via Xanadu Quantum Technologies Limited (NewCo), including SPAC's continuance from Cayman Islands to Ontario and share exchanges under a Plan of Arrangement dated November 3, 2025. The transaction contemplates issuance of 515,387,046 NewCo Class A Multiple Voting Shares and 79,747,482 Class B Subordinate Voting Shares, alongside PIPE financing at $10.00 per share from investors including affiliates of Crane Harbor Sponsor, LLC. No prior period financial performance data or metrics are disclosed in the filing.

• ·Business Combination Agreement dated November 3, 2025, between Crane Harbor Acquisition Corp., Xanadu Quantum Technologies Limited (NewCo), and Xanadu Quantum Technologies Inc. (Old Xanadu).
• ·Extraordinary General Meeting on March 19, 2026, at 10:00 a.m. Eastern Time, held virtually.
• ·Proposals for vote: Business Combination Proposal (Proposal No. 1), Continuance Proposal (Proposal No. 2), Adjournment Proposal (Proposal No. 3).
• ·SPAC Rights to be exercised for 1/10 of one SPAC Class A Share prior to Closing.
• ·NewCo intends to list Class B Subordinate Voting Shares on Nasdaq and TSX post-Closing.

02-03-2026

EQV Ventures Acquisition Corp. (NYSE: FTW) shareholders approved the business combination with Presidio Investment Holdings LLC, a mature oil and gas operator, at an extraordinary general meeting on February 27, 2026. The transaction is expected to close on or about March 4, 2026, subject to closing conditions, with shares of the combined entity to trade on NYSE under 'FTW' starting March 5, 2026. Presidio anticipates providing dividend details post-closing, highlighting its capital-light platform for shareholder returns, though dividends are not guaranteed and subject to various risks.

• ·EQV sponsored by affiliate of EQV Group, formed in 2022.
• ·Presidio headquartered in Fort Worth, TX, focused on Mid-Continent operations.
• ·A Form 8-K with full voting results to be filed with SEC.
• ·Contacts: Presidio@icrinc.com; IR@eqvventures.com

02-03-2026

On February 27, 2026, ProCap Financial, Inc. completed the acquisition of 450 Bitcoin via the assignment of previously entered put option contracts with FalconX Bravo, Inc., dated January 5 and January 20, 2026. The transaction utilized approximately $35.4 million in net capital sourced from the company's working capital account. No additional financial impacts, declines, or comparative data were disclosed.

• ·Option contracts entered in ordinary course of business
• ·Securities traded on The Nasdaq Stock Market LLC under symbols BRR and BRRWW
• ·Registrant is an emerging growth company

02-03-2026

Paloma Acquisition Corp I, a blank check company (SPAC), completed its IPO on February 20, 2026, raising $150M in gross proceeds from 15M public units at $10 each, with proceeds held in trust; simultaneously sold 500K private placement units for $5M. The balance sheet as of February 20 shows total assets of $151.6M including $150M trust cash, but a shareholders' deficit of $4.7M due to offering costs and transaction expenses of $9.5M. On February 25, 2026, it closed an over-allotment of 1.45M units for additional $14.5M gross proceeds.

• ·Business Combination must target businesses with fair market value at least 80% of Trust Account net assets.
• ·Completion Window: 24 months from IPO closing (February 20, 2026).
• ·Sponsor purchased 350K of 500K Private Placement Units; underwriters purchased 150K.
• ·562,500 Class B shares subject to forfeiture if over-allotment not exercised (but it was).

02-03-2026

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02-03-2026

Eton Pharmaceuticals, Inc. (Nasdaq: ETON) announced it has in-licensed U.S. commercialization rights to HEMANGEOL® (propranolol hydrochloride oral solution), the only FDA-approved treatment for proliferating infantile hemangioma, from Pierre Fabre Medicament Sas, effective May 1, 2026. This acquisition achieves Eton's goal of ten commercial rare disease products and is expected to be accretive to 2026 earnings, financed with cash on hand. HEMANGEOL is estimated to treat 5,000-10,000 infants annually in the U.S., with distribution via the Eton Cares™ program offering $0 co-pay for qualifying patients.

• ·Pierre Fabre to commercialize HEMANGEOL in U.S. until April 30, 2026.
• ·HEMANGEOL treatment typically initiated between 5 weeks to 5 months of age and continues for approximately 6 months.
• ·Contact for product info: (847) 787-7361.

02-03-2026

Farmers National Banc Corp. (FMNB) completed its merger with Middlefield Banc Corp. (MBCN) on March 2, 2026, boosting banking assets to over $7.4B from $5.2B as of December 31, 2025 (42% increase) and expanding branches to 83 from 62. The company added two new board members, Kevin A. DiGeronimo and Michael C. Voinovich, while wealth management assets under care remained at over $4.7B. This marks FMNB's seventh bank acquisition in the last decade, enhancing its footprint in Ohio and Pennsylvania.

• ·Operates 83 branches throughout Ohio and Pennsylvania
• ·Forward-looking statements highlight integration risks and economic uncertainties

02-03-2026

ITT Inc. completed its $4.775 billion acquisition of SPX FLOW, Inc. on March 2, 2026, integrating 3,900 employees and SPX FLOW's technologies into the renamed Flow Technologies segment, accelerating ITT's 2030 portfolio transformation by four years. SPX FLOW delivered strong 2025 performance with revenue exceeding $1.3 billion and 14% organic orders growth, enhancing ITT's resilience in higher-growth, higher-margin businesses. No declines or flat metrics were reported for SPX FLOW or the combined entity.

• ·Definitive agreement to purchase SPX FLOW announced in December 2025
• ·ITT headquartered in Stamford, Connecticut, with employees in more than 35 countries and sales in approximately 125 countries

02-03-2026

Crexendo, Inc. (CXDO) completed the acquisition of Estech Systems, LLC (ESI) for $35M ($27.3M cash and $7.7M stock), at approximately 1.35x ESI's unaudited 2025 revenue of $26M, expected to be immediately accretive to revenue, EBITDA, and cash flow while positioning the combined entity toward a $100M annual revenue run rate. The deal enhances scale with ESI adding over 6,200 retail accounts and 75,000 seats, alongside anticipated cost synergies from infrastructure consolidation and revenue synergies via cross-selling. No negative financial impacts or declines were reported.

• ·Acquisition closed on March 2, 2026; year-end conference call scheduled for March 3, 2026
• ·ESI founded in 1987, headquartered in Plano, Texas
• ·Expected synergies over 12-24 months from facilities consolidation, licensing optimization, and migration to Oracle Cloud Infrastructure

02-03-2026

Virtus Investment Partners, Inc. (NYSE: VRTS) completed its previously announced majority investment in Keystone National Group effective March 1, 2026, expanding its capabilities into private markets with Keystone's asset-backed lending strategies including equipment finance, real estate finance, financial assets, and asset-backed corporate loans. As of December 31, 2025, Keystone managed $2.5B in assets and has invested over $6.0B across more than 750 transactions. CEO George R. Aylward noted the strategic fit with Virtus' multi-boutique model, while Keystone's team retains autonomy and a significant equity stake.

• ·Keystone founded in 2006 and headquartered in Salt Lake City, Utah
• ·Transaction completed effective March 1, 2026

02-03-2026

Forge Global Holdings, Inc. filed an 8-K on March 02, 2026, disclosing completion of an acquisition/disposition (Item 2.01), notice of delisting (Item 3.01), material modification to security holder rights (Item 3.03), changes in control (Item 5.01), director/officer changes (Items 5.02/5.03), and an Amended & Restated Certificate of Incorporation as Exhibit 3.1. The amended certificate drastically simplifies the capital structure to a single class of Common Stock authorized at 100 shares with $0.01 par value, indicating a likely privatization or merger restructuring with no prior period financial comparisons provided.

• ·Registered office: 1209 Orange Street, Wilmington, County of New Castle, Delaware 19808
• ·8-K Items disclosed: 2.01 (Acquisition/Disposition Completion), 3.01 (Delisting Notice), 3.03 (Material Modification to Rights of Security Holders), 5.01 (Changes in Control), 5.02 (Departure/Election of Directors/Officers), 5.03 (Amendments to Articles), 9.01 (Exhibits)

02-03-2026

First Mid Bancshares, Inc. (NASDAQ: FMBH) completed its acquisition of Two Rivers Financial Group, Inc. on March 2, 2026, adding approximately $1.2B in assets, $883M in loans, $1.0B in deposits, and over $1.2B in trust and wealth assets under management across 14 Iowa locations as of December 31, 2025. Post-acquisition, First Mid's total assets stand at $9.1B and total trust and wealth AUM at $7.9B, with no immediate changes for Two Rivers customers and account conversion expected in June 2026. The transaction positions First Mid to expand services in new markets without reported disruptions.

• ·Two Rivers financials reported as of December 31, 2025
• ·Account conversion from Two Rivers expected in June 2026
• ·First Mid operates in Illinois, Missouri, Texas, Wisconsin, and greater Indianapolis area

02-03-2026

First Financial Corporation (THFF) completed its acquisition of CedarStone Financial, Inc. and CedarStone Bank on March 1, 2026, pursuant to the Merger Agreement dated November 6, 2025. The transaction involved paying $19.12 per share in cash for each share of CedarStone’s common stock, resulting in an aggregate value of approximately $25 million. No financial performance metrics or comparisons were provided in the filing.

• ·Merger Agreement filed as Exhibit 2.1 on November 6, 2025 8-K
• ·CedarStone merged with and into First Financial; CedarStone Bank merged with and into First Financial Bank

02-03-2026

Spark I Acquisition Corp held its Annual Meeting on February 25, 2026, with 7,461,944 Ordinary Shares represented, constituting a quorum out of 8,658,251 outstanding (6,236,173 Class A and 2,422,078 Class B as of record date February 5, 2026). Stockholders unanimously elected Kurtis Jang, Shin-Bae Kim, and Ho Min (Jimmy) Kim as Class II directors, each receiving 1,972,078 votes (100% of votes cast with no abstentions or broker non-votes). Proposal 2 to ratify CBIZ CPAs P.C. as independent auditor for fiscal year ending December 31, 2025, also passed unanimously with 7,461,944 votes for (100%).

• ·Directors to serve until 2028 Annual Meeting or until successors elected and qualified
• ·Fiscal year for auditor ratification ends December 31, 2025
• ·No votes withheld, against, abstentions, or broker non-votes on any proposal

02-03-2026

Sunbelt Rentals Holdings, Inc. (NYSE: SUNB) announced the commencement of trading its common stock on the NYSE under ticker SUNB, completing the transition to a U.S. primary listing with a secondary listing retained on the London Stock Exchange; former Ashtead Group plc shareholders received one Sunbelt share per Ashtead share held. The company, with 24,000 employees across more than 1,600 locations and a fleet exceeding $19B, highlighted its leadership in North American equipment rentals amid growing industry demand. No financial declines or flat metrics were reported, positioning Sunbelt for enhanced U.S. capital market access and growth.

• ·Earnings call scheduled for March 12, 2026 at 8:30 a.m. Eastern Time
• ·Investor Day on March 26, 2026 to cover strategic roadmap, performance, and capital allocation
• ·Registration Statement on Form 10 filed February 13, 2026

02-03-2026

Integrated Wellness Acquisition Corp, a SPAC, held its Business Combination Meeting on December 8, 2025, where shareholders approved the proposed business combination with Btab Ecommerce Group, Inc. However, the deal has not yet closed, prompting the company to file a proxy on February 23, 2026, for an Extension Meeting on March 12, 2026, to extend the business combination deadline from March 16, 2026, to September 16, 2026. Public shareholders can redeem shares at an estimated $12.91 per share (as of December 31, 2025), with instructions available via the transfer agent.

• ·Business Combination Proxy Statement filed November 12, 2025; Extension Proxy Statement filed February 23, 2026.
• ·Extension Meeting record date: February 18, 2026.
• ·Shareholders may withdraw redemption requests prior to the Extension Meeting vote or thereafter with company consent.

02-03-2026

Newbridge Acquisition Limited, a blank check company, entered into a non-binding Memorandum of Understanding (MOU) with Starcoin Group Limited (formerly Innovative Pharmaceutical Biotech Limited, HKEX: 399) on February 27, 2026, to explore a potential de-SPAC transaction involving Starcoin and/or its assets or businesses. The MOU requires due diligence and definitive agreements to proceed and terminates 180 days after signing unless extended. No transaction is guaranteed, and shareholders are advised to exercise caution when dealing in the Company's securities.

• ·MOU termination: earlier of definitive agreements or 180 days after February 27, 2026
• ·Company securities: NBRGU (Units), NBRG (Class A Ordinary Shares), NBRGR (Rights) listed on Nasdaq
• ·Starcoin listed on The Stock Exchange of Hong Kong Limited (stock code 399)

02-03-2026

Constellation Acquisition Corp I drew $5,000 in Extension Funds from an unsecured promissory note with Constellation Sponsor LP on February 27, 2026, depositing them into its trust account to extend the initial business combination deadline from February 28, 2026, to March 29, 2026. This marks the first of eleven permitted one-month extensions. No declines or flat metrics reported, providing additional time without immediate liquidation risk.

• ·Promissory note originally dated January 30, 2024; interest-free and matures upon initial business combination closing.
• ·Note repayment only from amounts outside trust account if no business combination consummated.
• ·Company is a blank check (SPAC) incorporated in Cayman Islands, emerging growth company.

02-03-2026

On February 25, 2026, Live Oak Acquisition Corp. V appointed Somak Chivavibul, age 59, as a Class I independent director, effective immediately, with membership on the audit committee and as chair of the compensation committee. Mr. Chivavibul brings over 25 years of public company financial management experience from roles at Navient Corporation (CFO 2014-2017), Sallie Mae, and Ernst & Young. No family relationships or disclosable transactions under Item 404(a) of Regulation S-K exist with the director.

• ·Appointment includes joinder to letter agreement dated February 27, 2025 (amended November 14, 2025) and indemnification agreement similar to those of existing officers/directors.
• ·Company is a Cayman Islands exempted company, emerging growth company, listed on Nasdaq (LOKVU, LOKV, LOKVW).

02-03-2026

Tilray Brands, Inc. completed the acquisition of select BrewDog assets, including the global brand, UK brewing operations, and 11 brewpubs, for £33 million, expected to generate ~$200M in annual net revenue and ~$6-8M Adjusted EBITDA in fiscal 2027, creating a ~$500M global craft beer and beverage platform with Tilray's total annualized revenue reaching ~$1.2B. The deal advances Tilray's global beverage strategy and is accretive, with cash flow positivity expected in fiscal 2027. However, no meaningful EBITDA contribution is anticipated in Q4 fiscal 2026 due to licensing transfer timelines, and early fiscal 2027 brewing revenues may face temporary timing differences.

• ·Separately negotiating US and Australia BrewDog assets, expected to close in ~30 days
• ·Conference call scheduled for March 2, 2026 at 12:30pm ET
• ·Acquired brewpubs: Birmingham, Canary Wharf, Dogtap Ellon, Dublin, Edinburgh DogHouse, Lothian Road, Manchester, Paddington, Seven Dials, Tower Hill, Waterloo
• ·Advisors: Jefferies LLC (financial), Proskauer Rose LLP (legal)

02-03-2026

Illumination Acquisition Corp I, a blank-check SPAC, announced the pricing of its $200M initial public offering of 20,000,000 units at $10.00 per unit, with trading to commence on Nasdaq under 'ILLUU' on February 27, 2026, and closing expected on March 2, 2026. Each unit includes one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share. The company targets business combinations in nuclear, AI/high performance computing, technology, industrial growth, and financial services sectors.

• ·45-day option granted to underwriters for additional units
• ·SEC registration statement declared effective February 26, 2026
• ·Cayman Islands exempted company formed for mergers, amalgamations, or similar business combinations

02-03-2026

Mid Penn Bancorp, Inc. (NASDAQ: MPB) completed its acquisition of 1st Colonial Bancorp, Inc. on February 27, 2026, in a cash-and-stock transaction valued at approximately $106.1 million, merging 1st Colonial Community Bank into Mid Penn Bank and expanding its footprint into the greater Philadelphia area and southern New Jersey. The combined company now has approximately $7 billion in consolidated assets and 62 retail locations. Thomas R. Brugger, former director of 1st Colonial, was appointed as a director of Mid Penn and Mid Penn Bank.

• ·Acquisition completed after close of business on February 27, 2026; filing dated March 2, 2026
• ·Keefe, Bruyette & Woods served as exclusive financial advisor to Mid Penn; Stephens Inc. to 1st Colonial

02-03-2026

FB Bancorp, Inc. (NASDAQ: FBLA)'s subsidiary, Fidelity Bank, completed the sale of certain assets of its NOLA mortgage division to First Federal Bank on March 1, 2026, pursuant to an Asset Purchase Agreement dated December 31, 2025. The transaction was previously disclosed, and no financial terms or impacts were detailed in the filing.

• ·Asset Purchase Agreement dated December 31, 2025
• ·Fidelity Bank located in New Orleans, Louisiana
• ·First Federal Bank located in Lake City, Florida

02-03-2026

Keen Vision Acquisition Corp. entered into a binding Letter of Intent (LOI) on February 26, 2026, with Medera Inc. and its wholly-owned subsidiary Novoheart Group Limited (NVH) to negotiate and execute a replacement merger agreement by April 10, 2026, following the termination of a prior merger agreement dated September 3, 2024, due to volatility and cautious sentiment in the US biotechnology sector. The LOI sets NVH's enterprise valuation at $100M and requires at least $10M in available liquidity at closing after capping transaction expenses at $0.7M for Parent and $1.3M for NVH, with the deal structure to be optimized for tax efficiency. However, the prior agreement's termination highlights ongoing market challenges, and the LOI will terminate if no replacement is signed by the deadline.

• ·Prior Merger Agreement dated September 3, 2024, terminated concurrently with LOI execution via mutual release.
• ·PIPE fundraising, if pursued, must close within 9 months of LOI signing; Replacement Merger Agreement terminates if closing conditions not met within 9 months of LOI.
• ·Promissory notes to KVC Sponsor LLC subject to mutually agreed maximum cap (Note Cap) to be detailed in Replacement Merger Agreement.
• ·NVH currently has no external liabilities; internal liabilities to be converted to equity prior to closing.
• ·Medera China Company Limited and subsidiaries excluded from business combination.

02-03-2026

Oregon Energy LLC, a uranium exploration company 100% owned by Aurora Energy Metals Limited, reported total assets of $443,089 as of December 31, 2025, up 2.9% from $430,549 at June 30, 2025, with member's capital rising to $441,521 amid a $14,946 net income for the six months ended December 31, 2025 versus a $66,005 loss YoY, boosted by $117,869 other income. However, cash plummeted 89.6% to $1,733, exploration expenses surged 79% YoY to $86,575, the three-month period showed a widened net loss of $17,443 versus $15,543 YoY, and substantial going concern doubts persist due to low liquidity.

• ·Holds mining claims covering approximately 43 square kilometers.
• ·Restricted cash of $140,960 posted as bonds for reclamation with BLM and DOGAMI.
• ·Going concern doubt raised due to $1,733 cash balance and accumulated deficit of $13.4M; dependent on additional financing.
• ·Reclamation obligation fully settled at $0 as of Dec 31, 2025.

02-03-2026

Fortress Value Acquisition Corp. V, a blank check company sponsored by an affiliate of Fortress Investment Group LLC, announced the pricing of its $250M initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share, with trading on Nasdaq under ticker FVAV beginning February 26, 2026. Deutsche Bank Securities Inc. serves as the sole underwriter, with a 45-day option to purchase up to an additional 3,750,000 shares for over-allotments. The registration statement was declared effective by the SEC on February 25, 2026.

• ·SEC registration statement declared effective on February 25, 2026.
• ·45-day underwriter option to cover over-allotments.