CVGW: 15-12G · delisting
Calavo Growers Inc. has filed Form 15 to terminate its registration under Section 12(g) of the Securities Exchange Act of 1934. This action follows the company's merger with and into Mission Produce, Inc., which was completed on May 28, 2026. The merger structure involved Calavo merging into a subsidiary of Mission Produce, resulting in the termination of Calavo's separate corporate existence. Consequently, the number of holders of record for Calavo stock is now zero, satisfying the requirements for suspending reporting duties under Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i). This filing effectively delists Calavo Growers from public reporting requirements as it is no longer an independent public entity. Investors holding Calavo shares should refer to Mission Produce (MPW) for ongoing disclosures and market data.
CVGW: 8-K · acquisition merger
Calavo Growers, Inc. (Ticker: CVGW, CIK: 1133470) has completed its merger with Mission Produce, Inc. (Ticker: MPW) as of May 28, 2026. The transaction involved a two-step merger where Calavo shareholders received 0.9790 shares of Mission Produce common stock and $14.85 in cash per share, totaling a merger consideration value of $27.69 per share. Following the closing, Calavo’s shares have been removed from listing on the Nasdaq Global Select Market via Form 25. The company intends to file Form 15 to deregister its securities and suspend its reporting obligations under the Securities Exchange Act of 1934, effectively ending its status as a public reporting company. All outstanding Calavo equity awards, including options and restricted stock units, were cancelled and converted into cash payments based on the merger consideration value. Additionally, all members of Calavo’s board of directors resigned effective at the closing of the merger, and Calavo’s existing credit facility with Wells Fargo was terminated and repaid.
Mission Produce and Calavo Growers Merger Obtains Mexican Antitrust Approval
Mission Produce (AVO) has obtained antitrust clearance from Mexico’s Federal Economic Competition Commission (COFECE) for its pending acquisition of Calavo Growers (CVGW). This approval satisfies a key closing condition in the merger agreement, clearing the path for the transaction to close as planned. The companies now expect the deal to close on May 28, 2026, subject to the satisfaction of remaining closing conditions.
