Optiva Inc. (TSX: OPT) announces shareholder and noteholder approval of a proposed plan of arrangement with Qvantel Oy. Shareholders will receive C$0.25 per share, while noteholders will receive voting shares, secured notes, warrants, cash payments, and deferred cash payments. The special resolution approving the arrangement required at least two-thirds of shareholder votes and two-thirds of noteholder votes, which were met at the meetings. The arrangement is expected to become effective before the end of the year pending final court approval. Following completion, Optiva shares will be delisted from the Toronto Stock Exchange. For more details, refer to Optiva’s management information circular dated October 27, 2025.
The Arrangement between Optiva Inc. and Qvantel Oy has been approved by shareholders and noteholders, with the final court order hearing scheduled for December 2, 2025. Once effective, Optiva shares will be delisted from the Toronto Stock Exchange. Shareholders will receive C$0.25 per share, while noteholders will receive various forms of consideration, including voting shares, secured notes, warrants, and cash payments. The Arrangement is subject to final court approval and other customary closing conditions. Additional details can be found in Optiva’s management information circular dated October 27, 2025.
Optiva Inc. (TSX: OPT) has received shareholder and noteholder approval for its proposed plan of arrangement with Qvantel Oy. Shareholders will receive C$0.25 per share, while noteholders will receive voting shares, secured notes, warrants, cash payments, and deferred cash payments. The arrangement is expected to be effective before the end of the year, pending final court approval. Once completed, Optiva shares will be delisted from the Toronto Stock Exchange. Further information can be found in Optiva’s management information circular dated October 27, 2025.
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