THR Thermon Group Holdings, Inc.

BULLISH Impact: 7/10 25-NSE
Horizon immediate Filed Jun 1, 2026 Processed 4d 7h ago SEC 0000876661-26-000492
Notable filing: 25-NSE

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Executive Summary

Thermon Group Holdings, Inc. (THR) has been acquired by CECO Environmental Corp. in a merger that closed on June 1, 2026. The NYSE filed a Form 25-NSE to delist THR common stock, effective June 12, 2026, with each share converted into either $63.89 cash, 0.8110 CECO shares, or a mixed consideration of $10.00 cash plus 0.6840 CECO shares. This filing is the procedural final step following the merger completion reported in the prior 8-K.

Actionable Insight

THR stock is now delisted and no longer trades. Holders who elected cash have received $63.89 per share; those who elected CECO stock now hold CECO shares. Monitor CECO (CECO) for post-merger integration and potential re-rating as the combined entity executes.

Key Facts

  • Merger with CECO Environmental Corp. closed on June 1, 2026; THR common stock delisted from NYSE effective June 12, 2026.
  • Each THR share converted into either $63.89 cash, 0.8110 CECO shares, or $10.00 cash plus 0.6840 CECO shares.
  • THR shareholders received approximately $329.4 million in cash and 22.53 million CECO shares in aggregate.
  • All THR directors and officers ceased positions upon merger effectiveness; credit agreement terminated and repaid.

Financial Impact

THR shareholders received $63.89 per share in cash or 0.8110 CECO shares per THR share, with aggregate consideration of ~$329.4M cash and 22.53M CECO shares.

share priceownership structuredebt

Risk Factors

  • Post-merger integration risk at CECO Environmental could affect combined entity performance.
  • CECO stock price volatility may impact the value of the stock consideration received by former THR shareholders.

Market Snapshot

Exchange
NYSE
Sector
Electrical Industrial Apparatus
Analyst Consensus
0% bullish (12 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
25-NSE Filing (Primary)0000876661-26-000492
Document: 0000876661-26-000492-index.html0000876661-26-000492
Document: 0000876661-26-000492.txt0000876661-26-000492
6 reports for THR
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for THR — sortable, filterable
Type Now
Jun 1, 2026
4d ago
25-NSE
BULLISH ★ 7/10
$61.02 awaiting T+1awaiting T+1
Jun 1, 2026
4d ago
8-K
BULLISH ★ 7/10
$61.02 awaiting T+1awaiting T+1
May 28, 2026
8d ago
8-K
NEUTRAL ★ 5/10
$66.81 $61.14▼ −8.49%▼ −8.73%
May 19, 2026
17d ago
425
NEUTRAL ★ 5/10
$65.43 $65.04▼ −0.60%▼ −0.79%
May 19, 2026
17d ago
8-K
NEUTRAL ★ 4/10
awaiting T+1
Apr 20, 2026
6w ago
8-K
BULLISH ★ 7/10
$54.12 $51.80▼ −4.29%▼ −3.63%
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (39h 14m)

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