On September 14, TRAXION ( number 5 of the Top 100 of Motor Transport® ) informed the investing public of the intention of a company to make a voluntary public acquisition offer for up to 100% of the shares representing the outstanding share capital of TRAXION .
The company, headed by TRAXION co-founder and current CEO Aby Lijtszain Chernizky , is called Pantera Holdings and, according to documents filed with the Mexican Stock Exchange (BMV), is interested in acquiring 100% of TRAXION’s outstanding share capital, the TRAXION shares, Series “A” Class I.
The document presented describes that the Series “A” Class I shares total 542 million 382 thousand 858 shares , while 30 million 932 thousand 359 shares are in the company’s treasury.
The offer submitted by Pantera Holdings proposes a price of 13.18 pesos per share representing TRAXION’s outstanding share capital. This amounts to seven billion, one hundred forty-eight million, six hundred sixty-eight thousand, sixty-eight pesos (7,148,606,068.44 pesos) for the outstanding Class I Series “A” shares.
If the acquisition of all Series “A” Class I shares is considered, the amount amounts to seven thousand 556.29 million pesos (7,556,294,560.06 pesos) .
Pantera Holdings’ offer of 13.18 pesos per share represents an estimated premium of 2.23 pesos, which translates to a 20.4% increase over the volume-weighted average closing price of the shares representing the Company’s capital stock on the Stock Exchange for the 60 trading days prior to the date of the Offer’s announcement (10.95 pesos). This methodology reflects the premium offered over the price unaffected by the Offer announcement.
TRAXION’s share price closed on September 22 at 12.70 pesos per share , representing an increase of 14.8% compared to the closing price on the day of the announcement of the acquisition of all outstanding shares.
The publication date for the results of the offer is scheduled for October 20, 2026.
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