Etude Storage Partners LLC proposed to acquire an unknown majority stake in Global Self Storage, Inc. (NasdaqCM:SELF) on May 7, 2024. The purchase price equals to $6.15 per share in cash. The transaction is subject to (i) receipt of required Board and stockholder approvals; (ii) receipt of any required governmental and third-party approvals; (iii) satisfactory completion of due diligence; (iv) the Company?s continued maintenance of its current operations without any material and adverse changes; and (v) the execution of a definitive agreement containing terms and conditions customary for a transaction of this type and size. Olshan Frome Wolosky LLP acted as legal advisor to Etude Storage Partners LLC.

Etude Storage Partners LLC cancelled the acquisition of an unknown majority stake in Global Self Storage, Inc. (NasdaqCM:SELF) on May 21, 2024.