The Shyft Group and Aebi Schmidt Group Announce Successful Completion of Merger, Creating Global Specialty Vehicle Leader The Shyft Group (NASDAQ: SHYF) has successfully completed its merger with Aebi Schmidt Holding AG, creating a global leader in specialty vehicles. The combined entity will operate as Aebi Schmidt Group and begin trading on NASDAQ under the ticker symbol "AEBIV" for when-issued trading on July 1, 2025, followed by regular-way trading under "AEBI" on July 2, 2025.The merger unites two organizations with complementary strengths - Shyft's North American leadership in specialty vehicle manufacturing and Aebi Schmidt's global expertise in mission-critical infrastructure, environmental, and agricultural solutions. The combined company aims to leverage expanded geographical reach across North America and Europe, complementary product portfolios, and enhanced operational capabilities.As part of the transaction, Shyft's common stock will be delisted from NASDAQ. The newly formed Aebi Schmidt Group will be led by Barend Fruithof as Group Chief Executive Officer and James Sharman as Chairman of the Board.

#SHYF The Shyft Group and Aebi Schmidt Group Announce Successful Completion of Merger, Creating Global Specialty Vehicle Leader

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Spartan® RV Chassis Strengthens North American Service Network Through Rush Truck Centers Partnership Spartan RV Chassis, a brand of The Shyft Group (NASDAQ: SHYF), has announced a strategic partnership with Rush Truck Centers, North America's largest commercial vehicle dealership network. The collaboration adds 148 Rush Truck Centers service locations across the U.S. and Canada to Spartan's authorized service network, significantly expanding maintenance and repair capabilities for motorhome owners.Select locations will provide chassis alignment services for Class A motorhomes. The partnership is supported by Spartan's comprehensive warranty program, which includes a 20-year transferable warranty on frame and cross members, a 5-year/100,000-mile Cummins engine warranty, and a 5-year/200,000-mile Allison transmission warranty. Owners can locate service centers through the Spartan RV Chassis Connected Care® App or website.

#SHYF Spartan® RV Chassis Strengthens North American Service Network Through Rush Truck Centers Partnership

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The Shyft Group Reports First Quarter 2025 Results The Shyft Group (NASDAQ: SHYF) reported Q1 2025 financial results showing improved performance. Sales increased 3.4% year-over-year to $204.6 million. The company reduced its net loss to $1.4 million (($0.04) per share) from $4.7 million (($0.14) per share) in Q1 2024.Key highlights include:Adjusted EBITDA of $12.3 million (6.0% of sales), up from $6.1 millionAdjusted net income of $2.4 million ($0.07 per share)Consolidated backlog of $335.3 million, down 23.7% YoY but up 7.1% from year-endBlue Arc sales of $26.3 millionThe company maintained its full-year 2025 guidance:Sales: $870-970 millionAdjusted EBITDA: $62-72 millionAdjusted EPS: $0.69-0.92Free cash flow: $25-30 millionThe pending merger with Aebi Schmidt remains on track to close by mid-2025.

#SHYF The Shyft Group Reports First Quarter 2025 Results

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Shyft Group's Strategic Expansion: What This Isuzu Partnership Means for Investors New dedicated upfit center and vehicle program will support Isuzu's 50,000-vehicle production facility, positioning Shyft for sustained revenue growth through 2027 and beyond.

#SHYF The Shyft Group and Isuzu Expand Collaboration to Drive Long-Term Growth in North America

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Can Shyft Group's Dramatic Margin Improvement Signal a Major Turnaround in 2025? Q4 shows significant margin expansion to 7.9% despite sales challenges. 2025 outlook projects $870-970M revenue with improved profitability amid strategic transformation.

#SHYF The Shyft Group Reports Fourth Quarter and Full-Year 2024 Results

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Specialty Vehicle Giant Shyft Group Announces Critical Q4 Earnings Date - Key Details Inside Shyft Group schedules Q4 and FY2024 financial results before market open on Feb 20, with investor conference call at 8:30 AM ET. Access details inside.

#SHYF The Shyft Group Announces Fourth Quarter and Full-Year 2024 Financial Results Conference Call

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Shyft Group Merger Projects $2.7B Revenue by 2028, Offers 58% Premium to Shareholders Shyft's merger with Aebi Schmidt targets $315M EBITDA by 2028. Deal gives Shyft holders 48% of combined entity with up to 58% premium in tax-free transaction.

#SHYF The Shyft Group Provides Supplemental Information Reinforcing Significant Value Creation Potential of Proposed Merger with Aebi Schmidt

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The Shyft Group Names Scott Ocholik as Interim CFO, Launches Search for Permanent Finance Chief The Shyft Group appoints internal executive Scott Ocholik as Interim CFO starting January 2025, while conducting a comprehensive search for permanent leadership.

#SHYF The Shyft Group Announces Interim CFO Appointment

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Halper Sadeh LLC Investigates Significant Transactions Affecting SHYF, BRKL, VTS, and BHLB for Shareholders' Rights Halper Sadeh LLC is examining several major companies, including SHYF and BRKL, for potential violations of securities laws, focusing on shareholder rights.

Halper Sadeh LLC Investigates Significant Transactions Affecting SHYF, BRKL, VTS, and BHLB for Shareholders' Rights #USA #New_York #Halper_Sadeh_LLC #SHYF #BRKL

JUST IN: ( NASDAQ: #SHYF ) The Shyft Group to Merge with Aebi Schmidt Group to Create A Specialty Vehicles Leader

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Shyft Group, Aebi Schmidt Announce $1.95B Merger to Create Global Specialty Vehicle Powerhouse Strategic merger combines Shyft and Aebi Schmidt's expertise, targeting $200M+ in EBITDA and $30M in synergies. Deal reshapes specialty vehicle market with enhanced global reach.

#SHYF The Shyft Group to Merge with Aebi Schmidt Group to Create A Specialty Vehicles Leader

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Shyft Group Launches Commercial Production of Blue Arc EV Delivery Trucks, Ships First Units Shyft Group achieves milestone with initial shipments of Blue Arc™ Class 4 EV trucks to major delivery customers, marking its official entry into commercial EV production.

#SHYF First Blue Arc™ Class 4 EV Trucks Ship

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#SHYF The Shyft Group Announces Chief Financial Officer to Depart at Year-End

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News; ( NASDAQ: #SHYF ) The Shyft Group Acquires Independent Truck Upfitters, Enhancing Capabilities Across Specialty Vehicle Product Portfolio

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Breaking News: ( NASDAQ: #SHYF ) The Shyft Group Reports Second Quarter 2024 Results

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