Public

On May 1, 2023, Midwest Holding Inc.(NASDAQ: MDWT) and Antarctica Capital, an international investment firm, announced that Antarctica will acquire Midwest in an all-cash transaction valued at approximately $100 million.

Under the terms of the agreement, $MDWT shareholders will receive $27.00 in cash per share.

Investors of Midwest may have reasons to suspect that the pricing terms of the M&A transaction are unfair and that the Company BoD breached fiduciary duties to shareholders.

Midwest Holding Inc

Attorney Investigation

Misleading Statements

Financial Misrepresentation

Failure to Disclose

Malpractice

Breach of Fiduciary duty

Omissions

Directors

Management

Shareholder

Investment Bank

Service Provider

Midwest Holding Inc.(MDWT) M&A Case

midwest-mna-case

Stocks

Long

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and product development, distribution support, policy administration, and asset/liability management services. Midwest Holding Inc. was incorporated in 2003 and is based in Lincoln, Nebraska. As of December 21, 2023, Midwest Holding Inc. was taken private.

Midwest Holding Inc.(MDWT) M&A Case

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