Keypath Education International, Inc. enters into Merger Agreement

Keypath Education International, Inc. (ASX: $KED) has entered into an Agreement and Plan of Merger with Parent and Merger Sub on May 23, 2024. Pursuant to the Merger Agreement, Merger Sub will be merged with and into Keypath Education International, Inc., with the latter surviving the Merger as a wholly-owned subsidiary of Parent.

Executive Commentary on Merger Agreement

The Merger Agreement represents a significant step for Keypath Education International, Inc. and is expected to provide strategic benefits for the company. The agreement reflects our commitment to enhancing shareholder value and furthering our corporate objectives.

Summary of Merger Agreement and Outlook

The Merger Agreement between Keypath Education International, Inc., Parent, and Merger Sub signifies a pivotal moment for the company's corporate strategy. The agreement is subject to the approval of the stockholders of Keypath Education International, Inc. at a special meeting. Upon completion, the Merger is anticipated to contribute to the company's long-term growth and operational efficiency. Keypath Education International, Inc. remains focused on delivering value to its shareholders and achieving its strategic goals.