🟢 CIRC is trading 5.6% up in pre-market amid Circle8’s proposed SThree acquisition

CIRC is trading 5.6% up at $0.57 after volatile trading surrounding its proposed acquisition of SThree.

• SThree unanimously rejected Circle8’s unsolicited all-cash proposal on September 11, saying it significantly undervalued the company.
• Circle8’s bid process remains at an early stage.
• The gain contrasts with weaker pre-market futures, suggesting takeover activity is outweighing broader risk-off sentiment.