Feb. 20 at 3:54 AM
$VTYX Glazer Capital's Likely Objectives
Given Glazer’s history, their 6% ownership is likely focused on two main goals:
Capturing the Merger Spread: Arbitrageurs buy shares after a deal is announced to capture the "spread"—the difference between the current market price and the
$14.00 buyout price. As of February 13, 2026, VTYX was trading at approximately
$13.97, very close to the offer price.
Ensuring Deal Completion: With a 6% stake, Glazer has a significant vote in the upcoming stockholder meeting. Ventyx has scheduled a vote for March 3, 2026, to approve the merger. Glazer typically supports deals they invest in once they are satisfied with the terms.