What happens when a share I hold undergoes a merger or an acquisition?

A merger refers to the combination of two or more companies into a single entity, where they join their operations, assets, and liabilities. It is a strategic decision made by companies to create a stronger, more competitive entity, often with the goal of achieving synergies and enhancing market position.

An acquisition, on the other hand, involves one company acquiring another company, usually by purchasing a majority stake or all its assets or shares. The acquiring company gains control over the acquired company, which may continue to operate as a subsidiary or be merged into the acquiring company.

When a share undergoes a merger or an acquisition, the shares of the acquired company may be converted into shares of the acquiring company at a predetermined ratio. We will automatically manage the adjustment of your shares, accordingly, ensuring a seamless transition for your equity positions . We recommend reaching out to your share registry for comprehensive and detailed information.