Olo Receives FTC Approval for Merger Progress: A Boost for Future Growth

Olo has received FTC approval for its merger with Project Hospitality Parent and subsidiary, Project Hospitality Merger Sub. The merger's completion is subject to other customary closing conditions, including stockholder approval. The most recent analyst rating on OLO stock is a Hold with a $8.50 price target. Spark's Take on OLO Stock is Neutral, driven by strong technical indicators and a positive earnings call, offset by valuation concerns due to negative profitability.

Olo Inc. has received approval from the U.S. Federal Trade Commission (FTC) for its merger with Project Hospitality Parent and its subsidiary, Project Hospitality Merger Sub. The FTC granted early termination of the Hart-Scott-Rodino waiting period on August 15, 2025, clearing a key regulatory step [1]. The merger, however, remains subject to customary closing conditions, including stockholder approval.

A virtual special stockholder meeting is scheduled for September 9, 2025, at 9:00 a.m. Eastern Time, to vote on the adoption of the Merger Agreement. The filing reiterates extensive forward-looking statement risk factors that could affect the timing or completion of the transaction [1].

The most recent analyst rating on OLO stock is a Hold with a $8.50 price target. Spark's Take on OLO stock is Neutral, driven by strong technical indicators and a positive earnings call, offset by valuation concerns due to negative profitability.

References:
[1] https://www.stocktitan.net/sec-filings/OLO/8-k-olo-inc-reports-material-event-080be8fb70d7.html