This Amendment No. 8 amends the Schedule 13D filed with the SEC on June 1, 2018 (the
Schedule 13D), as amended by Amendment No. 1 filed with the SEC on March 18, 2019, Amendment No. 2 filed with the SEC on March 12, 2020, Amendment No. 3 filed with the SEC on August 21, 2020,
Amendment No. 4 filed with the SEC on March 23, 2021, Amendment No. 5 filed with the SEC on July 14, 2021, Amendment No. 6 filed with the SEC on June 21, 2022, and Amendment No. 7 filed with the SEC on
March 7, 2023. Unless otherwise stated herein, the Schedule 13D remains in full force and effect. Terms used herein and not otherwise defined herein shall have the meaning ascribed thereto in the Schedule 13D.
Item 4. Purpose of Transaction
Item 4 is
hereby amended to add the following:
On January 2, 2024, Mr. Kiso was granted 9,000 shares of Common Stock by the Company as compensation for
his service on the Companys Board of Directors, of which 3,000 shares vested immediately and 6,000 shares remain subject to vesting conditions. The shares were assigned to Tadano Ltd., a Japanese corporation (Tadano) under
the terms of Mr. Kisos arrangement with Tadano.
On September 12, 2024, Manitex International, Inc., a Michigan corporation (the
Company), entered into an Agreement and Plan of Merger (the Merger Agreement) with Tadano and Lift SPC Inc., a Michigan corporation and wholly owned subsidiary of Tadano (Merger Sub).
Merger
On the terms and subject to the conditions
of the Merger Agreement, Merger Sub will merge with and into the Company (the Merger), with the Company continuing as the surviving corporation and a wholly owned subsidiary of Tadano.
Merger Consideration
In the Merger, each share of
Common Stock issued and outstanding immediately prior to the effective time (other than shares owned by Tadano, Merger Sub or the Company, or any subsidiary thereof (Excluded Shares)) will be converted into the right to receive
cash in the amount of $5.80 per share, without interest, less any required withholding taxes. At the effective time, (i) each Excluded Share held by Tadano or any subsidiary thereof will be converted into a number of shares of common stock of
the surviving corporation and (ii) each other Excluded Share will be cancelled and will cease to exist, and no consideration will be payable therefor.
Closing Conditions
The respective obligations of
the Company, Tadano and Merger Sub to consummate the Merger are subject to the satisfaction or waiver of certain customary conditions, including the approval of the Merger Agreement by the Companys shareholders, receipt of certain regulatory
approvals, the absence of any legal prohibitions against the Merger by a governmental authority of competent jurisdiction and the accuracy of the representations and warranties of the parties set forth in the Merger Agreement, subject in most cases
to material adverse effect qualifications. Additionally, each of the parties shall have performed in all material respects all obligations required to be performed by such party.
Regulatory Approvals
The Company, Tadano and
Merger Sub will use their reasonable best efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable under applicable law (including under any antitrust law and from the Committee on
Foreign Investment in the United States) to consummate the Merger and the other transactions contemplated by the Merger Agreement, subject to the conditions and limitations set forth therein.