Steelcase Sets December 4 Election Deadline for Shareholder Merger Consideration Choices

Reuters11-25

Steelcase Sets December 4 Election Deadline for Shareholder Merger Consideration Choices

HNI and Steelcase have announced the election deadline for Steelcase shareholders regarding the form of consideration in their pending merger. Shareholders may choose between cash, stock, or a mixed consideration for their Steelcase shares. The election deadline has been set for 5:00 p.m. Eastern Time, on December 4, 2025. Those who do not submit their election forms by the deadline will automatically receive a combination of 0.2192 shares of HNI common stock and $7.20 in cash for each Steelcase share. The final allocation of cash and stock will be subject to adjustment to ensure the overall transaction terms remain consistent with the mixed consideration outlined in the merger agreement. This update was disclosed by HNI.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Steelcase Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-294589), on November 25, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/SCS\">Steelcase Inc.</a> published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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