How about some merger talk? Stocks that are under $10.
10/31/2024 02:30pm
Here are some stocks under $10 that have announced mergers:
1. **Vivakor, Inc. (VIVK)**: Vivakor has announced a merger with Empire Diversified Energy, Inc. The merger is now expected to close in the first quarter of 2025.
2. **GlycoMimetics, Inc. (GLYC)**: GlycoMimetics has announced a merger with Crescent Biopharma, aiming to enhance their presence in the biopharma sector. The merger is structured as a tax-free reorganization, and both companies' boards have approved the merger, expected to close in mid-2025.
3. **GSE Systems (GVP)**: GSE Systems has received approval from its stockholders for a merger with Pelican Energy Partners. The agreement was initially signed on August 8, 2024, and later amended on October 20, 2024. The completion of the merger is anticipated for around October 31, 2024, pending the fulfillment of the remaining closing conditions.
These mergers involve companies with stock prices under $10 and are moving towards completing their mergers.