Optiva Receives Final Order Approving Arrangement with Qvantel

Core Viewpoint - Optiva Inc. has received the final court approval for its arrangement with Qvantel Oy, with the transaction expected to close by the end of the year [1][2]. Group 1: Arrangement Details - The arrangement involves Qvantel Oy acquiring all issued and outstanding common shares of Optiva at a price of C$0.25 per share [2]. - Holders of the 9.75% senior secured payment-in-kind toggle notes will receive approximately 22.4% of the Purchaser Shares, US$25 million in secured notes, warrants for additional shares, and potential cash payments based on surplus conditions [2]. - The arrangement was overwhelmingly approved by Optiva's shareholders and noteholders during special meetings held on November 27, 2025 [2]. Group 2: Company Overview - Optiva Inc. is a provider of cloud-native, AI-powered revenue management software for the telecommunications industry, established in 1999 and listed on the Toronto Stock Exchange [4]. - The company's solutions aim to help service providers capitalize on digital, 5G, IoT, and emerging market opportunities [4].