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ECN Capital ( (TSE:ECN) ) just unveiled an announcement.
Shareholders of ECN Capital Corp. have approved a plan of arrangement under which a newly formed acquisition vehicle controlled by an investor group led by Warburg Pincus will acquire all of the company’s common and preferred shares for cash. The transaction, which passed with strong majorities across all shareholder classes in a special meeting on January 20, 2026, will see common shareholders receive C$3.10 per share and Series C preferred shareholders C$26.00 per share plus accrued dividends, with Series E preferred shareholders also receiving C$3.10 per share plus accrued dividends. Completion remains subject to court approval and regulatory clearances, with closing expected in the first half of 2026, marking a major ownership change that will take ECN Capital under private control and potentially reshape its strategic direction and capital structure.
The most recent analyst rating on (TSE:ECN) stock is a Hold with a C$3.10 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. is a Toronto-based financial services company listed on the Toronto Stock Exchange that focuses on specialty finance solutions, including structured and asset-based financing products for a range of commercial and consumer markets.
Average Trading Volume: 1,058,012
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$864.9M
For detailed information about ECN stock, go to TipRanks’ Stock Analysis page.