BULLETIN V2025-0724
QUISITIVE TECHNOLOGY SOLUTIONS INC. ("QUIS")
BULLETIN TYPE: Plan of Arrangement - Delist
BULLETIN DATE: March 11, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with the plan of arrangement between Quisitive Technology Solutions, Inc. ("Quisitive") and Irving Parent, Corp. (the "Purchaser"), an affiliate of funds managed by of H.I.G Capital, LLC, under the provisions of the Business Corporations Act (British Columbia) (the "Arrangement"). The Arrangement was carried out pursuant to the terms of an arrangement agreement between 1517079 B.C. Unlimited Liability Company ("1517079") and Quisitive, as amended pursuant to an amending agreement dated January 28, 2025 and as assigned by 1517079 to the Purchaser pursuant to an assignment agreement dated January 28, 2025. The Arrangement was approved by Quisitive's shareholders at a special meeting of shareholders held on February 28, 2025 and the final order from the Supreme Court of British Columbia approving the Arrangement was received on March 4, 2025. The Arrangement was completed on March 11, 2025, and resulted in the Purchaser acquiring all of the issued and outstanding common shares of Quisitive for C$0.57 per common share in cash, other than common shares held by certain employees who entered into rollover agreements.
For additional information regarding the Arrangement, please refer to the management information circular of Quisitive dated January 28, 2025 and Quisitive's news releases dated January 2, 2025, February 4, 2025, February 20, 2025, February 28, 2025 and March 11, 2025, available on Quisitive's profile on SEDAR+.
Delist
As a result of the completion of the Arrangement and at the request of Quisitive, effective at the close of business on Wednesday, March 12, 2025, the common shares of Quisitive will be delisted from the Exchange.
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