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Synchronoss Gets Takeover Offer From B. Riley At 44% Premium

Benzinga

Synchronoss Technologies, Inc (NASDAQ: SNCR ) confirmed that on March 10, 2023, it received a non-binding proposal from B. Riley Financial, Inc (NASDAQ: RILY ) to acquire all outstanding shares for $1.15 Riley owns a 13.9% stake in Synchronoss and is the company's largest. Riley owns a 13.9%

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Eos Energy SPAC Investor Sues B. Riley Sponsor In Del.

Law 360 M&A

Riley, co-chairman of B. Riley Financial Inc., and others have been named in a Delaware Chancery Court stockholder action alleging misleading and inadequate disclosures leading up to a $320 million special purpose acquisition company deal for battery storage venture Eos Energy Storage LLC.

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Franchise Group, Inc. Announces Definitive Agreement to Be Acquired by a Consortium Led by Management Group

Benzinga

Premium Over the Unaffected Stock Price Prior to Announcement on March 20, 2023 of Receipt of Unsolicited Third Party Proposal Transaction Includes a 30 day Go Shop Provision to Solicit Superior Proposals DELAWARE, Ohio, May 10, 2023 (GLOBE NEWSWIRE) -- Franchise Group, Inc. Riley Financial, Inc.

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GSR II Meteora Acquisition Corp. Announces Filing of Preliminary Proxy Statement with SEC in Connection with its Proposed Business Combination with Bitcoin Depot

Benzinga

NASDAQ: GSRM ) ("GSRM"), a special purpose acquisition company, and Lux Vending, LLC dba Bitcoin Depot ® ("Bitcoin Depot" or the "Company"), a U.S.-based based Bitcoin ATM operator and leading fintech company, announced today that GSRM has filed a preliminary proxy statement (the "preliminary proxy statement") with the U.S.

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Skadden Discusses De-SPACed Companies Seeking Chapter 11 Protection

Reynolds Holding

The contraction of the market for special purpose acquisition companies (SPACs) and the recent challenges de-SPACed companies have encountered have attracted considerable press attention. Bankruptcy, though, is not necessarily the end of the road for a struggling de-SPACed company.

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SEC Chief Accountant Discusses Auditors’ Responsibility for Fraud Detection

Reynolds Holding

1] Frauds that affect issuers and their investors may involve asset misappropriation, financial reporting misconduct, or, more generally, corruption. As we have emphasized on many occasions, independent auditors play an important gatekeeper role in supporting high-quality financial reporting and the protection of investors. [3]

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Mobix Labs, an Innovative Provider of Next Generation Wireless mmWave 5G and Connectivity Solutions, to Go Public Through Merger with Chavant Capital Acquisition Corp.

Benzinga

James Peterson, former Chairman, CEO and President of Microsemi Corporation, to serve as Executive Chairman of the Board of the combined company, Mobix Labs, Inc. Mobix Labs"); leading a team experienced in growing technology companies organically and accelerating growth with M&A. IRVINE, Calif.,

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