05:24 PM EST, 11/13/2025 (MT Newswires) -- ECN Capital ( ECNCF ) after trade Thursday said it agreed to be acquired by a newly formed acquisition vehicle, controlled by an investor group led by Warburg Pincus LLC.

The company said the suitors are offering for C$3.10 per in cash; and C$26.00 each for its cumulative 5-year minimum rate reset preferred shares, Series C , in cash, plus all accrued but unpaid dividend; they will also acquire all of the ECN's mandatory convertible preferred shares, Series E for C$3.10 per share, in cash.

The offer is a premium of 13% to the shares' closing price on the Toronto Stock Exchange on Nov.12.

The price per Series C Share represents a premium of 11% to the closing price on the TSX of the Series C Shares on November 12, 2025 and a premium of approximately 11% to the 10-day volume weighted average trading price per Series C Share as of that date, in addition to the payment of accrued and unpaid dividends.