Core Points - Quorum Information Technologies Inc. has completed a statutory plan of arrangement, resulting in the acquisition of all issued and outstanding common shares at a price of $0.80 per share in cash by 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc. [1] - The company expects to delist its common shares from the TSX Venture Exchange on or about December 10, 2025, pending final approval [2]. Company Overview - Quorum is a North American SaaS software and services company that provides essential enterprise solutions for automotive dealerships and Original Equipment Manufacturers [3]. - The company offers various products, including a Dealership Management System (DMS), DealerMine CRM, Autovance, Accessible Accessories, and VINN Automotive, which enhance dealership operations and customer satisfaction [5].
Quorum Information Technologies Announces Closing of Arrangement
Globenewswire·2025-12-10 13:34