Absolute Securityholders Approve Acquisition By Crosspoint Capital Partners
Portfolio Pulse from Happy Mohamed
Absolute Software Corporation's securityholders have approved the acquisition of all outstanding shares by Crosspoint Capital Partners' affiliate. The transaction is subject to regulatory approval and is expected to complete in the second half of 2023. Post completion, the shares will be delisted from the Toronto Stock Exchange and Nasdaq Global Market.
June 29, 2023 | 8:25 pm
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Absolute Software's shares will be delisted from Nasdaq and Toronto Stock Exchange following the acquisition by Crosspoint Capital Partners. The transaction is expected to complete in the second half of 2023.
The acquisition of Absolute Software by Crosspoint Capital Partners will result in the delisting of the company's shares from Nasdaq and Toronto Stock Exchange. This will limit the liquidity of the shares and could potentially impact the share price negatively in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100