Agero to Acquire Urgent.ly for $5.50/Share

Agero, Inc. will acquire Urgent.ly Inc. through a wholly owned subsidiary, Medford Hawk, Inc., under a tender offer framework. The offer seeks to purchase any and all issued and outstanding shares of Urgent.ly common stock.

The offer price is $5.50 per share, paid in cash (net to holders), without interest and subject to applicable tax withholding. The tender offer is tied to an Agreement and Plan of Merger dated March 13, 2026, and the Offer to Purchase is dated March 30, 2026.