Absolute Securityholders Approve Acquisition by Crosspoint Capital Partners
Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the “Shares”) by 1414364 B.C.
- Absolute Software Corporation (NASDAQ: ABST) (TSX: ABST) (“Absolute” or the “Company”) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the “Shares”) by 1414364 B.C.
- LTD., an affiliate of Crosspoint Capital Partners, L.P. (“Crosspoint”), by way of a statutory plan of arrangement (the “Transaction” or the “Arrangement”) at the special meeting of Securityholders held today (the “Meeting”).
- Following completion of the Transaction, the Shares will be delisted from the Toronto Stock Exchange and Nasdaq Global Market.
- The Company will also deregister the Shares under the U.S. Securities Exchange Act of 1934, as amended.