Magnet Forensics Inc. (the “Company” or “Magnet”) (TSX: MAGT), a developer of digital investigation solutions for enterprises and public safety organizations, is pleased to announce that at the Company’s special meeting of shareholders held on March 23, 2023 (the “Meeting”), shareholders approved the previously announced plan of arrangement (the “Arrangement”) with Morpheus Purchaser Inc. (the “Purchaser”), a newly created corporation controlled by Thoma Bravo, a leading software investment firm, whereby the Purchaser will acquire all of the issued and outstanding subordinate voting shares (“SV Shares”) and multiple voting shares (“MV Shares” and together with the SV Shares, the “Shares”) of the Company, subject to the terms and conditions of the definitive arrangement agreement entered into on January 20, 2023 (the “Arrangement Agreement”).
Magnet Forensics Shareholders Approve Plan of Arrangement with Thoma Bravo
Mar 24, 2023
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