Monday, July 8, 2024

Equity Corporate Actions Alert #2024 - 333
(UPDATED: Merger closed) Information Regarding the Merger of National Western Life Group, Inc. (NWLI)


  • Industry Announcement

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At a special meeting held on January 8, 2024, the shareholders of National Western Life Group, Inc. (NWLI) approved the merger with Prosperity Life Group company S. USA Life Insurance Company, Inc. The merger closed prior to the market open on July 9, 2024. In anticipation of the closing, the stock was halted immediately following the after-hours session at or around 7:50 p.m. on July 8, 2024. The stock will remain halted on the day of closing (July 9th) and will be suspended effective July 10, 2024. The details are as follows:

Company Name/Issue: National Western Life Group, Inc. Class A Common Stock
CUSIP#: 638517102
Symbol: NWLI
Last Trading Date: July 8, 2024
Marketplace Effective Date for Suspension: July 10, 2024
Merger Consideration: $500.00 for each share held.

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