Fundamental advisors to acquire mma capital holdings in all-cash transaction

Baltimore, may 24, 2021 /prnewswire/ -- mma capital holdings, inc. (nasdaq: mmac) ("mma" or the "company"), an infrastructure finance company focused on providing debt financing for renewable energy projects, today announced that it has entered into a definitive merger agreement with an affiliate of fundamental advisors lp (together "fundamental"), under which it will be acquired by fundamental in an all-cash transaction valued at approximately $161.7 million (the "merger agreement"). under the terms of the merger agreement, holders of mma's common stock will upon the closing of the merger receive $27.77 per share in cash.
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