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$KEQU – Kewaunee Scientific to Acquire Nycom, Inc. for Base Price of $55 Million

KEWAUNEE SCIENTIFIC CORP /DE/
· SEC_8K · All $KEQU
?? Positive AI Sentiment (+4.5 / 10)
  • Kewaunee signs definitive agreement to acquire US lab dealer Nycom for $55M initial purchase price.
  • Funding structured via $20M subordinated note, $5M in new common stock, plus cash and PNC Bank debt.
  • Closing anticipated in Q4 FY2027 subject to customary closing conditions.