• MasterCraft agreed to combine with Marine Products in a stock-and-cash transaction signed Feb. 5, 2026.
• Structure calls for Marine Products to become a wholly owned MasterCraft subsidiary through a two-step merger process.
• Marine Products stockholders filed two substantively identical New York state lawsuits on April 22, 2026, seeking to block or unwind deal over alleged disclosure issues in joint proxy materials.
• MasterCraft filed supplemental deal disclosures in an April 8-K to address demand letters and lawsuits without admitting wrongdoing.
• Supplemental details added context on deal talks and valuation work, including Wells Fargo DCF assumptions using 10.8% to 11.5% discount rates and net cash of about $81.4 million for MasterCraft and $54.2 million for Marine Products as of Dec. 31, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mastercraft Boat Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-201645), on May 01, 2026, and is solely responsible for the information contained therein.