The Risk Arbitrage Report for July 26, 2021

New Deals:

• Zoom Video Communications Inc Com Cl A (ZM) to acquire Five9 Inc Com (FIVN).

• Kite Realty Group Trust Com Usd0.01 (KRG) to acquire Retail Prop Of America Inc Com Usd0.001 Cl A (RPAI).

• Apollo Global Management Inc Com Cl A (APO) to acquire New Home Company Inc Com (NWHM).

• South State Corp Com (SSB) to acquire Atlantic Cap Bancshares Inc Com (ACBI).

• Magna International Inc Com (MGA) to acquire Veoneer Inc Com (VNE).

Closed Deals:

• Herman Miller Inc Com (MLHR) completes acquisition of Knoll Inc Mrg  $11/Sh & 0.32:1 7/20/21 (KNL).

• Enterprise Fin Services Corp Com (EFSC) completes acquisition of First Choice Bancorp .6603:1 Exc 7/22/21 293712105 (FCBP).

• Astrazeneca Adr Sponsored (AZN) completes acquisition of Alexion Pharmaceutical Inc Mrg $60.00/Sh & 2.1243:1 (ALXN).

• Sundial Growers Inc Com (SNDL) completes acquisition of Inner Spirit Holdings Ltd Mrg $0.30/Sh Cad & 0.0835:1 (INSHF).

• Hellman & Friedman completes acquisition of At Home Group Inc Csh Mgr @ $37.00/Sh 7/23/21 (HOME).

• Atn International Inc Com (ATNI) completes acquisition of Alaska Communications Sys Grp Csh Mrg $3.40/Sh 7/23/21 (ALSK).

• Salesforce.Com Inc Com (CRM) completes acquisition of Slack Technologies Inc Mrg $26.79/Sh & 0.0776:1 (WORK).

Merger Arbitrage Spreads July 26, 2021

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 19, 2021

New Deals:

• Liberty Mutual Holding Company Inc. to acquire State Auto Financial Corp Com (STFC).

• Penn Virginia Corp Com (PVAC) to acquire Lonestar Resources Us Inc Com (LONE).

• Welbilt Inc Com (WBT) agrees to be acquired by Ali Holding and terminates deal with Middleby Corp Com (MIDD).

• EQT to acquire Covanta Holding Corporation Com (CVA).

• Learning Technologies Group to acquire Gp Strategies Corp Com (GPX).

• Lakeland Bancorp Inc Com (LBAI) to acquire First Constitution Bancorp Com (FCCY).

• Fnb Corp Pa Com (FNB) to acquire Howard Bancorp Inc Com (HBMD).

• United Community Banks Inc Com (UCBI) to acquire Reliant Bancorp Inc Com (RBNC).

• Blue Ridge Bankshares Inc (Va) Com (BRBS) to acquire Fvcbankcorp Inc Com (FVCB).

Busted Deals:

• Huya Inc Adr (HUYA) terminates agreement with Douyu Intl Hldgs Ltd Adr (DOYU).

Closed Deals:

• Management completes acquisition of Newater Technology Inc Csh Mrg 3.65/Sh 7/14/21 (NEWA).

• Diasorin Spa Com (DSRLF) completes acquisition of Luminex Corp (Del) Csh Mrg @ $37.00/Sh 7/15/21 (LMNX).

• Morphosys Adr Sponsored (MOR) completes acquisition of Constellation Pharmas Inc Csh Mrg @ $34.00/Sh 7/16/21 (CNST).

• International Seaways Inc Com (INSW) completes acquisition of Diamond S Shipping Inc 0.55375:1 Exc 7/16/21 (DSSI).

• Mks Instruments Inc Com (MKSI) completes acquisition of Photon Control Inc Csh Mrg $3.60/Sh Cad 7/19/21 (POCEF).

Merger Arbitrage Spreads July 19, 2021

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 12, 2021

New Deals:

• Thoma Bravo to acquire Stamps.Com Inc Com (STMP).

Closed Deals:

• Madison Square Garden Entertai Com Cl A (MSGE) completes acquisition of Msg Network Inc 0.172:1 Exc 7/9/21 55826T102 (MSGN).

• Management completes acquisition of China Customer Relations Cente Csh Mrg @$6.50/Sh 7/7/21 (CCRC).

• Secure Energy Services Inc Com (SECYF) completes acquisition of Tervita Corporation 1.2757:1 Exc 7/7/21 81373C102 (TRVCF).

Merger Arbitrage Spreads July 12, 2021

The latest stock merger arbitrage spreads:

The Risk Arbitrage Report for July 5, 2021

New Deals:

• Thoma Bravo to acquire Qad Inc Com Cl A (QADA).

• Mks Instruments Inc Com (MKSI) to acquire Atotech Ltd Com (ATC).

• SPB Hospitality to acquire J Alexanders Hldgs Inc Com (JAX).

• Ventas Inc Com Usd0.25 (VTR) to acquire New Sr Invest Grp Inc Com Npv (SNR).

• Mid Penn Bancorp Inc Com (MPB) to acquire Riverview Financial Corp New Com (RIVE).

Closed Deals:

• Volkswagen Ag Adr Unsponsored (VWAGY) completes acquisition of Navistar International Corp Csh Mrg @$44.50/Sh 7/1/21 (NAV).

• Svb Financial Group Com (SIVB) completes acquisition of Boston Private Holdings Inc Mrg @$2.10 & .0228:1 78486Q101 (BPFH).

• Torchlight Energy Resources In 1:2 R/S 6/28/21 59134N104 (TRCH) completes acquisition of Metamaterial Exchangeco Inc Com (MMATF).

• Icon Plc Com (ICLR) completes acquisition of Pra Health Sciences Inc Mgr $80.00 & 0.4125:1 7/2/21 (PRAH).

• Arch Capital Group Com (ACGL) completes acquisition of Watford Holdings Ltd Csh Mgr @ $35.00/Sh 7/2/21 (WTRE).

• Cbb Bancorp Inc Com (CBBI) completes acquisition of Ohana Pacific Bank Com (Physical Only) (OHPB).

• Fidelity D&D Bancorp Com (FDBC) completes acquisition of Landmark Bancorp Inc Mrg @$3.26/Sh & .272:1 7/1/21 (LDKB).

• Fortuna Silver Mines Inc Com (FSM) completes acquisition of Roxgold Inc 0.283:1 & $.001Cdn/Sh 7/6/21 (ROGFF).

• Secure Energy Services Inc Com (SECYF) completes acquisition of Tervita Corporation Com (TRVCF).

• First National Corp (Va) Com (FXNC) completes acquisition of Bank Fincastle Va Com (BFTL).

Merger Arbitrage Spreads July 5, 2021

The latest stock merger arbitrage spreads: