Lightspeed confirms it is conducting strategic review

Lightspeed Commerce issued the following statement: “While it is the long-standing policy of Lightspeed not to comment on market rumors, the Company notes the recent media reports concerning a potential transaction involving the Company. Lightspeed periodically undertakes, and is currently conducting, a strategic review of its business and operations with a view to realizing its full potential. In this context, the Company has engaged, and may continue to engage, in discussions relating to a range of potential strategic alternatives. The Board of Directors of Lightspeed is committed to acting in the best interests of the Company and its stakeholders. The Company does not intend to issue or disclose developments with respect to any of the above matters except as required under its regulatory obligations.”