Perion Network Ltd. (PERI) Form 6-K — Nov 2, 2026
Perion Network entered a definitive merger agreement on November 1, 2026 to be acquired by Affle 3IL Ltd., with each Perion share converting into US$11.70 in cash. The board unanimously approved the deal and recommends shareholders vote in favor. The agreement includes a 40-day go-shop period, a US$14.7 million termination fee (US$10.5 million during go-shop), and financing backed by an equity commitment letter plus a committed debt facility from Affle entities. Closing is subject to majority shareholder approval, HSR clearance, and Israeli statutory waiting periods.
Key figures
- Deal Value Usd
- 0
- Offering Price
- 11.7
- Termination Fee
- US$14,700,000
- Treasury Shares
- 378024
- Expected Closing
- early 2027
- Outside Date Days
- 180
- Shares Under PSUs
- 1089805
- Shares Under RSUs
- 2333757
- Go Shop Period Days
- 40
- Shares Under Options
- 86178
- Go Shop Termination Fee
- US$10,500,000
- Ordinary Shares Outstanding
- 32461992
AI analysis
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