Tuesday, October 08, 2019

Equity Corporate Actions Alert #2019 - 203
(UPDATED) Information Regarding the Merger of Isramco, Inc. (ISRL)

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  • Industry Announcement

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The anticipated dates in this notice have been revised. At a special meeting held on October 22, 2019, the shareholders of Isramco, Inc. (ISRL) approved a merger with Naphtha Group. The merger closed prior to the market open today, October 25, 2019. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on October 24, 2019. The stock will remain halted on the day of closing (October 24th) and will be suspended effective October 28, 2019. The details are as follows:

Company: Isramco, Inc.
Issue: Common Stock
CUSIP#: 465141406
Symbol: ISRL
Last Trading Date: October 24, 2019
Marketplace Effective Date for Suspension: October 28, 2019
Merger Consideration: $121.40 for each share held.


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