The stock will be delisted effective May 26, 2026. No further trading in EHAB common stock is expected after delisting. Monitor for any post-closing adjustments or appraisal rights.
Price Chart
Executive Summary
Enhabit, Inc. (EHAB) has been acquired by Kinderhook Industries in an all-cash transaction at $13.80 per share, closing on May 15, 2026. The NYSE filed a 25-NSE to delist EHAB common stock, effective May 26, 2026, as the company becomes a private subsidiary. This is the final step in the going-private transaction, with shareholders receiving cash and the stock ceasing to trade.
Key Facts
- Merger closed on May 15, 2026, with Enhabit acquired by Kinderhook Industries for $13.80 per share in cash.
- NYSE filed 25-NSE to delist EHAB common stock, effective at the opening of business on May 26, 2026.
- Each share converted into $13.80 cash, representing a ~33.8% premium to the pre-announcement 60-day VWAP.
- Aggregate purchase price approximately $762 million, funded by Kinderhook equity and third-party debt.
Financial Impact
Shareholders receive $13.80 per share in cash, a ~33.8% premium to pre-announcement VWAP; total deal value ~$762M.
Risk Factors
- Delisting eliminates public market liquidity; remaining shareholders must tender shares for cash.
- Potential appraisal rights or litigation could delay or reduce cash proceeds.
- No further upside beyond the fixed $13.80 per share.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0000876661-26-000435 |
| Document: 0000876661-26-000435-index.html | 0000876661-26-000435 |
| Document: 0000876661-26-000435.txt | 0000876661-26-000435 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 12, 2026 19w ago | Institutional Cluster | — | awaiting T+20 | — | — |
Jun 11, 2026 19w ago | Institutional Cluster | — | awaiting T+20 | — | — |
May 26, 2026 22w ago | 15-12G | — | awaiting T+20 | — | — |
May 15, 2026 23w ago | 25-NSE | $13.80 | awaiting T+20 | — | — |
May 15, 2026 23w ago | 8-K | $13.80 | awaiting T+20 | — | — |
May 12, 2026 23w ago | 8-K | $13.79 | awaiting T+20 | — | — |
May 5, 2026 25w ago | 8-K | $13.74 | awaiting T+20 | — | — |
Apr 16, 2026 27w ago | 8-K | $13.72 $13.80 | ▲ +0.58% | ▼ −4.79% | — |
Apr 14, 2026 27w ago | DEFM14A | $13.71 $13.79 | ▲ +0.58% | ▼ −5.46% | — |
Mar 10, 2026 33w ago | Insider Cluster | $13.60 $13.99 | ▲ +2.87% | ▲ +3.02% | — |
US Market Status
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