Urgent.ly Tender Offer Finalized; Merger to Complete, Shares Delist

summarizeSummary

Urgent.ly Inc. announced the successful completion of its tender offer by Agero, Inc.'s subsidiary, with 58.7% of shares tendered, leading to an imminent merger and delisting from the OTCQB.

check_boxKey Events

• Tender Offer Completed

  The tender offer by Medford Hawk, Inc. for Urgent.ly Inc. shares expired on April 25, 2026, with 1,288,914 voting shares (58.7% of outstanding) validly tendered.

• Merger Imminent

  All conditions to the offer were satisfied, and the acquirer has accepted the tendered shares. The merger is expected to be completed on April 28, 2026, without a stockholder vote.

• Delisting Confirmed

  Following the merger, Urgent.ly Inc. shares will be delisted from the OTCQB Venture Market and deregistered under the Securities Exchange Act of 1934.

• Offer Price

  Shareholders will receive $5.50 per share in cash for their tendered shares.

auto_awesomeAnalysis

This filing confirms the successful conclusion of the tender offer for Urgent.ly Inc. shares at $5.50 each, with the acquirer securing sufficient shares to complete the merger via a short-form process. The impending delisting of shares from the OTCQB marks the end of Urgent.ly as a publicly traded entity. This event provides a definitive exit for shareholders at the offer price, resolving prior uncertainty regarding the acquisition.