Shyft Group, INC

The Shyft Group, Inc. has completed its merger with Aebi Schmidt Holding AG, becoming a wholly owned subsidiary and initiating its delisting from Nasdaq.

The Shyft Group, Inc. shareholders have overwhelmingly approved the merger agreement with Aebi Schmidt Group, paving the way for the transaction to close around July 1, 2025, under the new combined entity name Aebi Schmidt Group, trading as AEBI on NASDAQ.

The Shyft Group, Inc. filed an 8-K to provide supplemental disclosures regarding its pending merger with Aebi Schmidt Holding AG, addressing shareholder litigation and an executive's resignation, while reaffirming the Board's recommendation for the merger.

Joshua Sherbin, Shyft Group's Chief Legal, Administrative and Compliance Officer and Corporate Secretary, will resign following the merger with Aebi Schmidt, with a Transition and Separation Agreement in place.

The Shyft Group successfully held its annual shareholder meeting on May 14, 2025, addressing key proposals including the election of directors, ratification of auditors, executive compensation, and stock incentive plan amendments.

The Shyft Group's Chief Legal, Administrative and Compliance Officer, Joshua Sherbin, plans to resign if the merger with Aebi Schmidt is completed.

The Shyft Group's Q1 2025 sales increased by 3.4% year-over-year, with a net loss of $1.4 million, as the company progresses towards its merger with Aebi Schmidt.

Shyft Group's third-quarter results show a slight decrease in sales but an increase in gross profit, influenced by the acquisition of Independent Truck Upfitters and changes in market demand.

Shyft Group's second-quarter results show a decrease in sales and net income compared to the previous year, alongside a strategic acquisition aimed at expanding service body offerings.

Shyft Group's first quarter 2024 results show a decrease in revenue and a net loss compared to the same period last year, driven by lower sales volumes in the Fleet Vehicles and Services segment.

The Shyft Group reports a decrease in sales and net income for 2024, while also announcing a merger agreement with Aebi Schmidt expected to close in mid-2025.

The Shyft Group has appointed Jacob Farmer as President of Fleet Vehicles and Services, while also detailing compensation changes for CEO John Dunn.

Aebi Schmidt Group announced the successful completion of its merger with The Shyft Group, providing an investor update on post-merger execution, targeted synergies, and a strong financial position.

Scott Matthew Ocholik, VP Chief Accounting Officer of SHYFT Group, Inc., has filed a Form 4 indicating he is no longer subject to Section 16 reporting requirements.

Pamela L. Kermisch, a director of SHYFT Group, Inc., has indicated she is no longer subject to Section 16 reporting obligations, effective July 1, 2025.

Mark B. Rourke, a director at The Shyft Group, Inc., has filed a Form 4 indicating he is no longer subject to Section 16 reporting requirements, effective July 1, 2025.

Michael Dinkins, a Director at The Shyft Group, Inc., has filed a Form 4 indicating he is no longer subject to Section 16 reporting requirements, effective July 1, 2025.

Joshua A. Sherbin, Chief Administration Officer of SHYFT Group, Inc., has filed a Form 4 indicating he is no longer subject to Section 16 reporting requirements, effective July 1, 2025.

The Shyft Group, Inc. has filed supplemental disclosures to its definitive proxy statement for the upcoming merger with Aebi Schmidt Holding AG, addressing shareholder litigation and providing updated financial analysis and executive retention details.

Shyft Group, Inc. is seeking shareholder approval for its merger with Aebi Schmidt Holding AG, a deal that would create a global specialty vehicle powerhouse.

The Shyft Group, Inc. has filed a definitive proxy statement with the Securities and Exchange Commission.

The Shyft Group's 2025 proxy statement highlights the company's focus on execution, resilience, and strategic positioning for future success, including a proposed merger with Aebi Schmidt.

The Shyft Group, Inc. has filed a definitive proxy statement with the U.S. Securities and Exchange Commission.

The Shyft Group's proxy statement details the agenda for the 2024 Annual Meeting of Shareholders, director nominations, executive compensation, and corporate governance practices.

Pzena Investment Management, LLC has filed an amended Schedule 13G, reporting a 10.2% beneficial ownership stake in Shyft Group, Inc. as of June 30, 2025.

T. Rowe Price Investment Management, Inc. has filed an amended Schedule 13G, revealing a beneficial ownership of 10.6% in The Shyft Group Inc.'s common stock as of April 30, 2025.

BlackRock, Inc. has filed an Amendment No. 9 to its Schedule 13G, reporting a 7.0% beneficial ownership stake in SHYFT Group, Inc. as of March 31, 2025.

T. Rowe Price Investment Management, Inc. has filed an amended Schedule 13G, revealing a 9.4% beneficial ownership stake in The Shyft Group Inc. as of December 31, 2024.