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filed unaudited pro forma condensed combined financial information with the Securities and Exchange Commission, disclosing that a $250.0 million milestone payment remains payable to Runway Midco, LLC on or before January 8, 2027.
The Canadian corporation acquired all issued and outstanding limited liability company interests of Runway Buyer, LLC through an Equity Purchase Agreement signed on June 8, 2026, with the transaction closing on July 23, 2026.
The aggregate purchase price for the acquisition was approximately $1,450.6 million.
Novanta funded this amount using cash on hand and $616.0 million in borrowings under its revolving credit facility and delayed draw term loan facility.
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