8-K filing — Proficient Auto Logistics, Inc (PAL)
Filed: 2026-10-05 AccNo: 0001213900-26-106854 Size: 207 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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Proficient Auto Logistics Announces Deal To Acquire Hansen & Adkins For $130M Upfront, Including $75M Assumed Debt, Plus Up To $22.1M In Earnouts; Close Expected Mid-August
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Reported Earlier, Proficient Auto Logistics Prices $75.0M Convertible Senior Notes Offering Due 2033 At 5.50% Interest
Stifel Maintains Buy on Proficient Auto Logistics, Raises Price Target to $12
Stifel analyst J. Bruce Chan maintains Proficient Auto Logistics (NASDAQ:PAL) with a Buy and raises the price target from $9 to $12.
Proficient Auto Logistics shares are trading lower after the company reported mixed Q2 financial results. Also, the company announced a $75 million private offering.