On a corporate action affecting Class A ordinary shares of MoneyLion Inc. (ML)
On December 10, 2024, MoneyLion Inc. entered into a merger agreement under which it will be acquired by Gen Digital Inc. MoneyLion Inc. stockholders will receive $82.00 in cash and one Contingent Value Right (CVR) for each share of MoneyLion Inc. that they own if transaction is approved by stockholders on the special meeting of stockholders to be held on April 10, 2025. Transaction is expected to close in the first half of Gen Digital Inc. fiscal year 2026. For more details, please, refer to the company’s website.
ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.