MergerJun 10, 2026, 09:46 AM
Masimo Completes Merger; Shares Delisted at $180.00 Per Share
AI Summary
Masimo Corp. has completed its merger, resulting in the company becoming a wholly-owned subsidiary. Each outstanding share of common stock was converted into the right to receive $180.00 in cash. Concurrently, Masimo initiated the delisting of its shares from Nasdaq and terminated its Credit Agreement, paying off all outstanding obligations. An executive separation and consulting agreement was also executed, detailing severance benefits and equity treatment.
Key Highlights
- Masimo Corp. completed its merger, becoming a wholly-owned subsidiary.
- Each outstanding common stock share converted into $180.00 cash.
- Nasdaq delisting process initiated for Masimo shares.
- Credit Agreement dated December 1, 2025, was terminated.
- All obligations under the Credit Agreement were paid in full.
- An executive's employment terminated, followed by a 3-month consulting period.
- Executive to receive lump sum severance and prorated annual bonus.
- Pre-Merger Agreement equity awards vested fully upon separation.
Price Impact
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