Computer Services, Inc. Shareholders Approve Merger With Catalyst Merger Sub, Inc. – Valdosta Daily Times
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Cloudy and windy. Low 63F. Winds N at 25 to 35 mph. Higher wind gusts possible.
Updated: November 9, 2022 @ 11:44 pm
PADUCAH, Ky.–(BUSINESS WIRE)–Nov 9, 2022–
On Nov. 9, 2022, Computer Services, Inc., a Kentucky corporation (“CSI”) (OTCQX: CSVI), held a special meeting of shareholders (the “Special Meeting”) to consider and vote on a proposal to approve the Agreement and Plan of Merger (the “Merger Agreement”), dated as of Aug. 20, 2022, by and among Catalyst Top Parent, Inc., a Delaware corporation (“Parent”), Catalyst Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), and CSI, pursuant to which Merger Sub will merge with and into CSI, with CSI surviving the merger as a wholly-owned subsidiary of Parent (the “Merger”). At the Special Meeting, CSI shareholders approved the Merger Agreement.
The completion of the Merger is currently expected to occur on Nov. 15, 2022, subject to the satisfaction or waiver of customary closing conditions.
Cautionary Statement Regarding Forward-Looking Information
Statements included in this press release that are not historical in nature are intended to be, and hereby are identified as, “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and should be evaluated as such. These forward-looking statements include, without limitation, statements regarding the outlook and expectations of the parties with respect to the timing of the closing of the Merger.
Forward-looking statements are typically identified by words such as “believe”, “plan”, “expect”, “anticipate”, “intend”, “will”, “should”, and other similar words and expressions. Forward-looking statements are subject to risks, uncertainties and assumptions which may change over time or as a result of unforeseen circumstances. Future events or circumstances may change expectations or outlook and may affect the nature of the assumptions, risks and uncertainties to which forward-looking statements are subject. The forward-looking statements in this press release pertain only to the date hereof, and the parties disclaim any obligation to update or revise any forward-looking statements, except as required by law. Actual results or future events may differ, possibly materially, from those anticipated in these forward-looking statements. Accordingly, we caution against placing undue reliance on any forward-looking statements.
Forward-looking statements contained in this press release are subject to, among others, the following risks, uncertainties and assumptions:
These risks and uncertainties are not intended to represent a complete list of all risks and uncertainties inherent in CSI’s business. Additional information regarding other factors that may affect CSI’s operations is set forth in CSI’s Annual Report (including Supplemental Information), Quarterly Reports, Information and Disclosure Statements, News Releases and other documents posted from time to time on the OTCQX website at https://www.otcmarkets.com/stock/CSVI/disclosure. CSI disclaims any obligation to update or revise any forward-looking statements contained in this press release, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com:https://www.businesswire.com/news/home/20221109005812/en/
CONTACT: For shareholders,
Brian K. Brown
ir@csiweb.comFor media,
Callie Neatherlin
media@csiweb.com
KEYWORD: KENTUCKY UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SOFTWARE BANKING MOBILE/WIRELESS INTERNET PROFESSIONAL SERVICES TECHNOLOGY SMALL BUSINESS SECURITY OTHER PROFESSIONAL SERVICES FINANCE OTHER TECHNOLOGY CONSULTING
SOURCE: Computer Services, Inc.
Copyright Business Wire 2022.
PUB: 11/09/2022 12:05 PM/DISC: 11/09/2022 12:06 PM
http://www.businesswire.com/news/home/20221109005812/en
Copyright Business Wire 2022.
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