Quisitive files, mails management information circular for special meeting

Quisitive Technology (QUISF) Solutions announced its management information circular in connection with the Company’s upcoming special meeting of the holders of common shares of Quisitive is now available under Quisitive’s profile on SEDAR+. The mailing of the Circular and related materials for the Meeting, to Shareholders, has also commenced. At the Meeting, Shareholders will be asked to consider a resolution approving the Arrangement. On December 31, 2024, the Company entered into an arrangement agreement with 1517079 B.C. Unlimited Liability Company, an affiliate of funds managed by H.I.G. Capital, in respect of a proposed statutory plan of arrangement under the Business Corporations Act. On January 28, 2025, 1517079 and Irving Parent entered into an assignment agreement pursuant to which the Arrangement Agreement was assigned by 1517079 to the Purchaser. The purpose of the Arrangement is to, among other things, permit the acquisition by the Purchaser of all of the issued and outstanding Shares. Under the terms of the Arrangement Agreement, Shareholders will receive cash consideration of C$0.57 for each Share held, other than Shares held by those Shareholders exchanging a portion of their Shares for an interest in an affiliate of the Purchaser and any Shareholder who has validly exercised its dissent rights.Quisitive will hold the virtual-only Meeting on Friday, February 28, 2025, at 10:00 a.m. The Board of Directors of Quisitive unanimously recommends that Shareholders vote IN FAVOUR of the Arrangement Resolution.