Quorum Information Technologies Receives Shareholder Support for Proposed Arrangement and Announces Final Order Approving Arrangement

Core Viewpoint - Quorum Information Technologies Inc. has received shareholder approval for a statutory plan of arrangement with 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc., indicating a significant corporate restructuring move [1][2][3]. Group 1: Shareholder Approval - A total of 58,584,797 Common Shares were represented at the special meeting, accounting for 79.55% of the issued and outstanding shares [2]. - Approximately 97.65% of the votes cast were in favor of the special resolution approving the arrangement [2]. Group 2: Court Approval and Next Steps - The Court of King's Bench of Alberta has granted a final order approving the arrangement, which is a critical step in the process [3]. - The completion of the arrangement is contingent upon satisfying or waiving remaining conditions outlined in the arrangement agreement dated September 22, 2025, including final approval from the TSX Venture Exchange [3]. Group 3: Company Overview - Quorum Information Technologies Inc. is a North American SaaS company providing essential enterprise solutions for automotive dealerships and Original Equipment Manufacturers [5]. - The company offers a range of products including a Dealership Management System, DealerMine CRM, Autovance, Accessible Accessories, and VINN Automotive, all aimed at enhancing dealership operations and customer satisfaction [5][6].