Tuesday, October 08, 2019

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


  • Industry Announcement

Markets Impacted:

Contact Information:


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.

Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives.

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.