Shyft Group, Aebi Schmidt Group complete merger

The Shyft Group (SHYF) announced the successful completion of the previously announced merger of an indirect, wholly owned subsidiary of Aebi Schmidt Holding AG, a global provider of mission-critical infrastructure, environmental, and agricultural solutions, with and into Shyft. The combined company, now operating as “Aebi Schmidt Group”, is strategically positioned as a differentiated global leader in the specialty vehicles sector, with expanded reach across North America and Europe, complementary product portfolios, and enhanced operational capabilities. Shares of Aebi Schmidt Group (AEBI) are expected to begin trading on the Nasdaq (i) on a “when-issued” basis under the ticker symbol “AEBIV” on Tuesday, July 1 and (ii) on a “regular-way” basis under the ticker symbol “AEBI” on Wednesday July 2.