CyberCatch Shareholders Approve $3.22 Per Share Cash Acquisition by Datavault AI Subsidiary
Securityholders of CyberCatch Holdings, Inc. (TSXV:CYBE) have approved a plan of arrangement for a subsidiary of Datavault AI to acquire all outstanding shares of the company for $3.22 per share in cash. The vote passed with 99.96% support from securityholders.
The overwhelming investor backing removes a major internal hurdle for the deal and lowers transaction risk. The agreed cash acquisition price sets a practical upper bound on the stock's valuation near the takeout price, barring any competing acquisition offers.
The transaction remains subject to customary closing conditions, including final approvals from the court and the TSX Venture Exchange. The acquisition is currently scheduled to close in the fourth quarter of 2026.
Key points
- CyberCatch Holdings securityholders voted 99.96% in favor of being acquired by a subsidiary of Datavault AI.
- Under the terms of the deal, shareholders will receive $3.22 in cash for each CyberCatch share held.
- The acquisition is expected to close in the fourth quarter of 2026, subject to final court and TSX Venture Exchange approvals.
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How we writeDisclaimerQuestions and answers
What are CyberCatch shareholders receiving in the acquisition?
Shareholders will receive $3.22 in cash for each CyberCatch share they hold.
When is the CyberCatch acquisition expected to close?
The deal is expected to close in the fourth quarter of 2026, subject to final court and TSX Venture Exchange approvals.