Optiva Inc. enters into Support Agreement with Holders of Approximately 85% of Outstanding Senior Secured Notes to Provide 45-Day Period to Continue Negotiations with Noteholders and Third Parties regarding a Potential Transaction
Optiva is in negotiations with its existing noteholders and certain third parties regarding a potential transaction that would result in the exchange of Optiva's outstanding notes for a combination of shares and new notes of a proforma merged strategic third party (a "Potential Transaction").Optiva will continue operating its business as usual, fulfilling all ongoing commitments to customers, employees, and suppliers.Based on the proposals received to date, Optiva’s common shareholders are expected to recei ...