On June 24, 2022, Trecora Resources and Balmoral Swan MergerSub, Inc. announced the successful completion of the previously commenced cash tender offer by Balmoral Swan to purchase all of the issued and outstanding shares of common stock of the Company. As a result of the tender offer and the merger, the Company will become a privately held, indirect wholly owned subsidiary of Balmoral and the Company's common stock will cease trading on the New York Stock Exchange.