ECN Capital Sets January Vote on Warburg Pincus-Led Takeover at 13% Premium

An update from ECN Capital ( (TSE:ECN) ) is now available.

ECN Capital has filed and begun mailing its management information circular to holders of its common and preferred shares ahead of a special virtual shareholders’ meeting on January 20, 2026, where investors will vote on a proposed plan of arrangement with a purchaser controlled by an investor group led by Warburg Pincus. Under the deal, the acquisition vehicle, Sinatra CA Acquisition Corp., would acquire all outstanding common shares for C$3.10 in cash per share, representing about a 13% premium to the company’s unaffected share price, as well as all Series C preferred shares for C$26.00 plus accrued dividends and all Series E preferred shares for C$3.10 plus accrued dividends; ECN’s board, following a special committee review and external advice, has unanimously determined the transaction is in the company’s best interests and is urging all affected shareholders to vote in favour of the resolutions, setting the stage for a potential change of control that would take the company fully into private hands and crystallize value for existing investors.

The most recent analyst rating on (TSE:ECN) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on ECN Capital stock, see the TSE:ECN Stock Forecast page.

Spark’s Take on TSE:ECN Stock

According to Spark, TipRanks’ AI Analyst, TSE:ECN is a Neutral.

ECN Capital’s stock score is primarily influenced by its financial performance and technical analysis. While there are signs of recovery in revenue and profit margins, high leverage and declining cash flow are concerning. The technical indicators show positive momentum, but the high P/E ratio suggests overvaluation, limiting the stock’s attractiveness.

To see Spark’s full report on TSE:ECN stock, click here.

More about ECN Capital

ECN Capital Corp., listed on the Toronto Stock Exchange, is a Canadian specialty finance company that provides financing solutions through various classes of shares, including common and preferred shares, to a broad base of investors. The company focuses on structured arrangements that attract institutional capital, reflecting its role in the financial services sector and its appeal to private equity and other sophisticated investors.

Average Trading Volume: 1,021,421

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$856.5M

For a thorough assessment of ECN stock, go to TipRanks’ Stock Analysis page.