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Mergers & Acquisitions ·

Arcline affiliate agrees to acquire AstroNova for $29 per share in cash

ALOTAstroNova, Inc.

AstroNova, Inc. entered into a Merger Agreement on June 16, 2026, to be acquired by Orion Merger Parent, Inc., an affiliate of Arcline Investment Management LP, for $29.00 per share in cash. The transaction is subject to shareholder approval and customary closing conditions, including antitrust regulatory approvals. AstroNova, Inc. provides technology solutions for the aerospace and human factors industries.

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