The independent Special Committee of the Board of Directors of Magnet Forensics Inc. (TSX: MAGT) (“Magnet” or the “Company”), a developer of digital investigation solutions for more than 4,000 enterprises and public safety agencies in over 100 countries, acknowledges the press release issued by Nellore, and is reiterating its support for the previously announced transaction with Morpheus Purchaser Inc. (the “Purchaser”), a newly created corporation controlled by Thoma Bravo, pursuant to which the Purchaser would acquire all of the outstanding shares of the Company (the “Arrangement”). Concurrently, the Company is posting an investor presentation to the investor relations page of its website that sets out further details regarding the robust process undertaken by the Special Committee and the reasons that they continue to recommend the Arrangement. The presentation can be found at https%3A%2F%2Finvestors.magnetforensics.com and is filed under the Company’s profile on SEDAR.
Magnet Forensics Independent Special Committee Reiterates Support for Value-Maximizing Thoma Bravo Transaction
Feb 10, 2023
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