SDF Price sensitive 9 Jul 2026, 9:16 AM

Update on non-binding indicative proposal

Steadfast Group Ltd

Steadfast Group Update on Non-Binding Proposal

Key points

  • Steadfast granted a four-week extension to Consortium for exclusivity
  • Proposal remains non-binding and indicative at $6.00 per share
  • No guarantee of reaching a binding agreement with the Consortium

Full summary

Steadfast Group Limited has extended the exclusivity period for the Consortium, comprising Amwins Group, Inc. and Dragoneer Investment Group, LLC, by an additional four weeks. This extension follows the Consortium's re-confirmation of their non-binding, indicative proposal to acquire Steadfast for $6.00 per share. The proposal remains subject to due diligence and no binding agreement has been reached. Steadfast advises shareholders to take no immediate action.

Summary generated by a large language model. Please interpret with care.

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