Company Overview - The merger between Shyft Group, Inc. and Aebi Schmidt Holding AG has been completed, resulting in the formation of Aebi Schmidt Group, a leader in the specialty vehicles sector [1][2] - The combined company reported a pro forma revenue of $1.9 billion and adjusted EBITDA of $148 million for 2024 [4] Leadership and Governance - Barend Fruithof has been appointed as the Group Chief Executive Officer, while James Sharman serves as the Chairman of the Board of Directors [5] - The leadership team combines expertise from both legacy organizations to ensure effective integration and performance [5] Market Position and Strategy - Aebi Schmidt Group is positioned as a differentiated global leader with expanded reach across North America and Europe, complemented by enhanced operational capabilities [2][3] - The merger aims to accelerate innovation and enhance global market leadership, focusing on delivering customer-driven solutions [3] Stock and Trading Information - Shares of Aebi Schmidt Group are set to begin trading on NASDAQ under the ticker symbols "AEBIV" on a "when-issued" basis and "AEBI" on a "regular-way" basis starting July 1 and July 2, 2025, respectively [2] - Shyft's common stock has been delisted from NASDAQ as part of the merger process [6][7]

Company Overview - Vantage Mobility is a leading manufacturer of wheelchair accessible vehicles (WAVs) built on Toyota, Honda, and Stellantis chassis, with over 30 years of experience in the mobility industry [4] - The company has a robust portfolio of minivan conversions and platform lifts, and has been recognized with the Toyota Gold Certificate for Quality for the last two years [4] Leadership Appointment - Daryl Adams has been appointed as the new Chief Executive Officer of Vantage Mobility, bringing over 35 years of experience in the automotive industry [1][2] - Adams has a proven track record of driving transformational growth and operational improvements in global automotive companies [2] Strategic Vision - The leadership at Wingspire Capital expressed full confidence in Adams' expertise and vision, anticipating that he will strengthen the company's product output and drive significant scale [3] - Adams aims to accelerate the company's growth, expand customer offerings, and enhance operational processes in collaboration with Vantage Mobility management and employees [3] Previous Experience of CEO - Prior to joining Vantage Mobility, Adams served as President and CEO of The Shyft Group, where he doubled the company's earnings and led the development of new products [2] - He also held the position of CEO at Midway Products Group and has experience at Lear Corporation, progressing to Vice President of Global Engineering and R&D [2]