Converge Technology Solutions Corp ( (TSE:CTS) ) has shared an announcement.
Converge Technology Solutions Corp. has announced a special meeting for shareholders to vote on a resolution regarding a statutory plan of arrangement with H.I.G. Capital, which involves H.I.G. acquiring all issued and outstanding common shares of the company for C$6.00 per share. The board of directors recommends shareholders vote in favor of the resolution, which could significantly impact the company’s ownership structure and market positioning.
More about Converge Technology Solutions Corp
Converge Technology Solutions Corp. is a services-led, software-enabled IT and Cloud Solutions provider that focuses on delivering outcomes-driven solutions to tackle human-centered challenges. The company leverages advanced analytics, artificial intelligence, cloud platforms, cybersecurity, digital infrastructure, and workplace transformation to empower businesses across industries, ensuring innovation and streamlined operations through its AIM (Advise, Implement, Manage) methodology.
YTD Price Performance: 77.94%
Average Trading Volume: 1,588,251
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$1.03B
Find detailed analytics on CTS stock on TipRanks’ Stock Analysis page.