QAD Inc. Announces Intention to Adjourn Special Meeting of Stockholders to November 2
Summary
On October 8, 2021, the Court ordered a limited injunction until at least 20 days after the Company issued two corrective disclosures, and otherwise denied plaintiff’s motion. In accordance with the Court’s ruling, QAD is today filing with the Securities and Exchange Commission (“SEC”) supplemental disclosures regarding the background of the transaction. The Company intends to reconvene the Special Meeting on Tuesday, November 2, 2021, at 8:00 a.m. PST, at the QAD corporate headquarters located at 100 Innovation Place, Santa Barbara, California. This communication is being made in respect of the proposed transaction involving the Company and Project Quick Parent, LLC, an affiliate of Thoma Bravo, L.P. This communication is not a substitute for the proxy statement or any other document that the Company may file with the SEC or send to its stockholders in connection with the proposed transaction.
Classifications
AskAI Classifications
LabelsLinked Companies
