Transom Capital agrees to buy SoundThinking for USD 8 per share plus CVR up to USD 3

Bitget2026/09/29 11:35

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Transom Capital Group agreed to acquire SoundThinking for USD 8.00 a share in cash, with a contingent value right worth up to USD 3.00.
Deal implies enterprise value of about USD 114 million on the upfront cash consideration, rising to about USD 159 million if the CVR pays out.
CVR payout tied to 2027 revenue milestones for ShotSpotter and SafePointe, starting at USD 73.5 million and scaling up to USD 87 million.
Shareholders representing about 33% of outstanding shares signed tender and support agreements, including Veradace Partners and Gary M. Lauder affiliates.
Closing targeted for Q4 2026, subject to customary conditions including a majority of shares tendered; stock expected to be delisted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoundThinking Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609290735PRIMZONEFULLFEED9835917) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Transom Capital agrees to buy SoundThinking for USD 8 per share plus CVR up to USD 3

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