Snap One to Suspend Trading of Common Stock upon Completion of Merger with Resideo

Company Overview - Snap One is a leading distributor of smart-living technology, providing entertainment, connectivity, control, and security solutions to residential and commercial end users globally [2] - The company distributes a wide range of proprietary and third-party products through an online portal and local branch network, combining e-commerce benefits with same-day pickup convenience [2] - In addition to products, Snap One offers software, award-winning support, and digital workflow tools to assist integrator partners in building successful businesses [2] Merger and Trading Suspension - Snap One plans to suspend trading of its common stock on Nasdaq in connection with its acquisition by Resideo Technologies, Inc., which will be executed through a merger [4] - The merger is expected to close on June 14, 2024, pending the satisfaction of customary closing conditions [4] - Following the merger, Snap One will become a wholly-owned subsidiary of Resideo [4] Regulatory Filings - The company intends to file a Form 25 with the SEC around June 14, 2024, to suspend trading of its common stock [1] - Snap One also plans to file a Form 15 with the SEC shortly after the effectiveness of Form 25 to indefinitely suspend its reporting obligations under the Securities Exchange Act of 1934 [1]