Keypath Education International's trading halt request

Keypath Education International, Inc. (ASX:KED) has requested a trading halt on the ASX for its CDIs pending the outcome of a special meeting to approve the merger between Keypath and Karpos Merger Sub, Inc., an affiliate of Sterling Partners. The trading halt will remain in place until the announcement of the meeting results or the commencement of normal trading on 9 September 2024.

Keypath Education International's request details

The trading halt request by Keypath Education International, Inc. is in line with the special meeting of stockholders to approve the merger with Karpos Merger Sub, Inc. The company has outlined the conditions under which the trading halt will be lifted, including the approval or rejection of the merger and the subsequent announcement to the ASX. Keypath has expressed its lack of awareness of any reason why the trading halt should not be granted or any other information necessary to inform the market about the trading halt.

Keypath Education International's trading halt summary

Keypath Education International, Inc. (ASX:KED) has requested a trading halt on the ASX for its CDIs pending the outcome of a special meeting to approve the merger with Karpos Merger Sub, Inc., an affiliate of Sterling Partners. The company has provided clear conditions for the lifting of the trading halt, indicating that it will be lifted upon the announcement of the meeting results or the commencement of normal trading on 9 September 2024. Keypath has emphasized its lack of awareness of any reason why the trading halt should not be granted or any other necessary information to inform the market about the trading halt. The outcome of the special meeting and the subsequent trading halt lift will be crucial for the company's future corporate strategy and direction.