Transom Capital Commences Tender Offer for All Issued and Outstanding Shares of Common Stock of SoundThinking at $8.00 Per Share in Cash, Plus One Contingent Value Right Per Share
Transom Capital has commenced a tender offer for all outstanding SoundThinking (SSTI) shares at $8.00 per share in cash, plus one non-transferable CVR per share worth up to $3.00 upon revenue milestones. The $8.00 cash price represents a 46% premium to SSTI's September 28, 2026 close, the last trading day before the merger agreement was announced, and the SoundThinking board unanimously recommends stockholders tender. The offer expires November 17, 2026 and is conditioned on tendering of more than 50% of shares outstanding; a second-step merger at the same consideration follows completion.
Key figures
- Deal Value Usd
- $8.00 per share cash plus CVR up to $3.00
- Cvr max payment
- $3.00 per CVR
- Offer expiration
- November 17, 2026
- Premium to prior close
- 46%
- Minimum tender condition
- more than 50% of shares outstanding
AI analysis
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