Company: SSUP
Filing Date: 2025-08-15
Form Type: DEFM14A
Source: 0001140361-25-031532
Chunk: 83

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-08-15
Form: DEFM14A
Chunk 83
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 parties will take all action necessary so that the directors of Merger Sub immediately prior to the Effective Time will, from and after the Effective Time, be the directors of the Surviving Corporation to hold office until their respective successors have been duly elected or appointed and qualified or until their earlier death, resignation, retirement, disqualification or removal in accordance with the DGCL, the Company’s certificate of incorporation and bylaws.

Merger Consideration Received by Superior Stockholders

At the Effective Time, each Share, issued and outstanding immediately prior to the Effective Time (other than in respect of Excluded Shares and Dissenting Shares) will be converted into the right to receive the applicable Merger Consideration.

Excluded Shares

At the Effective Time, each Share owned by (a) Parent or Merger Sub or any of their respective subsidiaries and (b) the Company as treasury stock, will be cancelled without payment of any consideration therefor.

Shares Held by Dissenting Stockholders

All Common Shares that are issued and outstanding as of immediately prior to the Effective Time and held by Dissenting Stockholders will be cancelled without payment of any consideration therefor. Instead, at the Effective Time, the Common Shares held by such Dissenting Shareholders will thereafter represent only those rights provided by Section 262 of the DGCL. Any Common Shares held by such Dissenting Stockholders who fail to properly perfect or who have effectively withdrawn, waived or lost the right to appraisal and payment under Section 262 of the DGCL or who a court of competent jurisdiction has finally determined is not entitled to relief provided by Section 262 of the DGCL with respect to any Common Shares, such Common Shares will thereupon be treated as though such Common Shares had been converted, as of the Effective Time, into the right to receive the Common Stock Merger Consideration, net of any applicable withholding taxes and without interest.

The Company is required to provide Parent with written notice, and copies of any written demands, as promptly as practicable of any written demands for appraisal, actual, attempted or purported withdrawals of such demands and any other instruments served pursuant (or purportedly pursuant) to applicable law and received by the Company relating to stockholders’ rights of appraisal. Absent the prior written consent of Parent, the Company is prohibited from voluntarily making any payment with respect to any demands for appraisal, from settling or offering to settle any such demands or from approving any withdrawal of any such demands. Parent will have the right to participate in and direct and control all negotiations and proceedings with respect to any such demands