RTTNews | Jan 20, 2022 09:54AM EST

09:54 Thursday, January 20, 2022 (RTTNews.com) - Casper Sleep Inc. (CSPR) shares are trading more than 11 percent on Thursday morning trade after the stockholders voted to adopt the agreement and plan of merger whereby the company will be acquired by subsidiaries of Durational Consumer SPV IV, LP.

Upon closing of the transaction, Casper will operate as a privately-held and will remain based in New York.

Currently, shares are at $6.36, up 11.14 percent from the previous close of $5.73 on a volume of 2,633,943. For the 52-week period, the shares have traded in a range of $3.18-$12.00 on average volume of 1,935,870.

Read the original article on RTTNews ( https://www.rttnews.com/3256290/casper-sleep-climbs-after-stockholder-s-approval-to-merger-with-durational-consumer.aspx)

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