Springbig Holdings, Inc. (OTCQB:SBIG) said on September 9, 2026, that it is holding preliminary discussions with three prospective transaction candidates as part of its previously announced review of strategic opportunities.
The candidates are described by Springbig as established operating businesses that could potentially benefit from access to the U.S. public markets, additional growth capital and the company’s existing public-company infrastructure.
The discussions cover possible acquisitions, mergers and other business combinations. Springbig is also continuing to assess additional opportunities.
Springbig said it is reviewing the candidates’ operating history, management teams, financial profiles, growth potential and ability to meet applicable financial reporting and audit requirements.
Andrew Glashow, Springbig’s Chairman and Chief Executive Officer, said the company’s objective is to identify an operating business, management team and transaction structure that could provide a long-term opportunity for stockholders, rather than simply completing a transaction.
No definitive agreement has been signed with any of the three candidates. Springbig said there is no assurance that the discussions will lead to the execution or completion of a transaction.
The company also identified uncertainties involving its strategic review, its ability to identify, negotiate and complete a transaction, the anticipated size or valuation of a potential transaction, existing stockholders’ ownership interests after a transaction, access to growth capital and potential stockholder value creation.
Springbig said there is no assurance that it will identify, enter into or complete a proposed transaction, that a potential transaction will fall within the indicated enterprise-value range, that existing stockholders will retain any particular ownership percentage in a combined company, or that a transaction will increase the value or trading price of its common stock.
Springbig Holdings, Inc. (OTCQB:SBIG) said on September 9, 2026 that it is engaged in preliminary discussions with three prospective transaction candidates as part of its previously announced review of strategic opportunities.
The discussions involve different potential structures, including acquisitions, mergers and other business combinations. The Company has not entered into a definitive agreement with any of the prospective candidates.
Each candidate is described as an established operating business that the Company believes could potentially benefit from access to the U.S. public markets, additional growth capital and Springbig's existing public-company infrastructure.
The opportunities are being evaluated based on operating history, management team, financial profile, growth potential and the ability to satisfy applicable financial reporting and audit requirements.
The discussions remain preliminary. There can be no assurance that any discussions will result in the execution or completion of a transaction, and Springbig is continuing to review additional opportunities.
Springbig said the review, its ability to identify, negotiate and complete a transaction, the anticipated size or valuation of a potential transaction, existing stockholders' ownership interests following a transaction, access to growth capital and potential stockholder value creation are subject to risks and uncertainties. It also said there can be no assurance that it will identify, enter into or complete any proposed transaction, that any potential transaction will fall within the indicated enterprise-value range, that existing stockholders will retain any particular ownership percentage in a combined company, or that any transaction will increase the value or trading price of its common stock.
Andrew Glashow, Chairman and Chief Executive Officer, said the Company was encouraged by the quality of the opportunities under review and the level of interest generated by its recently announced strategic criteria. He said the objective was not simply to complete a transaction, but to identify the right operating business, management team and transaction structure for a long-term opportunity for stockholders.