Crawford United CORP

Market Movers (8-K)

SPX Enterprises, LLC completed its acquisition of Crawford United Corporation for $83.86360 per share in cash, leading to significant corporate restructuring.
Crawford United Corporation shareholders overwhelmingly approved the merger agreement with SPX Enterprises, LLC, paving the way for the company to become a wholly-owned subsidiary.
SPX Technologies will acquire Crawford United Corporation for an estimated $83.42 per share in cash, expanding its HVAC capabilities and divesting non-core assets.
Delay expected
Crawford United Corporation announced record third-quarter 2025 results, with significant increases in sales, net income, and earnings per share.
Better than expected
Crawford United Corporation announced record second quarter 2025 financial results, including significant increases in sales, net income, and earnings per share.
Better than expected
Crawford United Corporation announced the results of its 2025 Annual Meeting of Shareholders, where seven directors were elected, the independent auditor was ratified, and executive compensation was approved on an advisory basis.

Quarterly Earnings (10-Q)

Crawford United Corporation reported a significant increase in sales and net income for the third quarter and first nine months of 2025, primarily driven by recent acquisitions and operational efficiencies.
Better than expected
Crawford United Corporation announced significant revenue and net income increases for the second quarter and first half of 2025, primarily fueled by recent strategic acquisitions and improved operational efficiencies.
Better than expected
Capital raise
Crawford United Corporation's Q1 2025 sales increased by 12.7% to $43.3 million, driven by recent acquisitions, while net income rose to $3.1 million, or $0.88 per diluted share.
Better than expected
Crawford United Corporation's Q3 2024 results show a 9.2% increase in sales and improved profitability driven by the Commercial Air Handling segment.
Better than expected
Crawford United Corporation's second quarter of 2024 saw a slight increase in sales, offset by decreased profitability in the Industrial and Transportation Products segment, and the acquisition of Heany Industries.
Worse than expected
Crawford United Corporation reported a slight decrease in Q1 2024 sales, primarily due to reduced volume in its Industrial and Transportation Products segment, but maintained profitability through cost management and operational efficiencies.
Worse than expected

Annual Reports (10-K)

Crawford United Corporation's 2024 10-K filing reveals increased sales and net income, driven by growth in the Commercial Air Handling segment and strategic acquisitions.
Crawford United Corporation's 2023 annual report reveals a significant increase in net income and revenue, driven by strong performance in both its Commercial Air Handling and Industrial and Transportation Products segments.
Better than expected

Insider Trading (Form 4)

Edward F. Crawford, a director and 10% owner of Crawford United Corp, disposed of all his beneficial ownership following the company's merger with SPX Enterprises, LLC.
Matthew V. Crawford, a Director and 10% owner of Crawford United Corp, disposed of all his Class A and Class B common shares following the company's merger with SPX Enterprises, LLC, receiving $83.8636 per share.
Luis Enrique Jimenez, a director of Crawford United Corporation, reported the disposal of 13,650 Class A Common Shares following the company's merger into a wholly-owned subsidiary of SPX Enterprises, LLC.
Crawford United Corporation's CEO, Brian E. Powers, reported the disposition of 79,233 Class A Common Shares following the company's merger with SPX Enterprises, LLC.
Director Steven H. Rosen reports the disposal of Crawford United shares following the company's merger into a wholly-owned subsidiary of SPX Enterprises, LLC.
Kirin Smith, a director of Crawford United Corporation, disposed of all his Class A Common Shares following the company's merger into a wholly-owned subsidiary of SPX Enterprises, LLC.

Proxy Statements (Def-14A)

Crawford United Corporation has filed additional proxy materials to address shareholder lawsuits alleging disclosure deficiencies related to its pending merger with SPX Enterprises, LLC.
Delay expected
Crawford United Corporation shareholders are set to vote on a definitive merger agreement with SPX Enterprises, LLC, valuing the company at an estimated $300 million, or $83.42 per share in cash.
Better than expected
SPX Technologies will acquire Crawford United Corporation for an estimated $300 million, expanding its HVAC portfolio with custom air-handling solutions.
Delay expected
Crawford United Corporation will hold its 2025 Annual Meeting of Shareholders on May 22, 2025, to vote on director elections, auditor ratification, executive compensation, and the frequency of future advisory votes on executive pay.
Crawford United Corporation has released its proxy statement for the 2024 Annual Meeting of Shareholders, detailing proposals for director elections, auditor ratification, and equity plan approval.