Keypath Education International, Inc. (ASX:KED) has requested an immediate suspension to the trading of its CDIs on the ASX. The suspension is in connection with the stockholder approval received for the merger between Keypath and Karpos Merger Sub, Inc., an affiliate of Sterling Partners, to facilitate the closing of the merger.
Keypath Education International, Inc. has requested the suspension of its CDIs from official quotation following the stockholder approval for the merger with Karpos Merger Sub, Inc. This request is made to facilitate the closing of the merger, and Keypath anticipates making a request for removal from the official list of the ASX after the effective time specified in the certificate of merger. The company is not aware of any reason why its securities should not be suspended or of any other information necessary to inform the market about the suspension.
Keypath Education International, Inc. (ASX:KED) has requested the suspension of its CDIs from official quotation following the stockholder approval for the merger with Karpos Merger Sub, Inc. The request aims to facilitate the closing of the merger, and the company anticipates making a request for removal from the official list of the ASX after the effective time specified in the certificate of merger. Keypath Education International, Inc. is not aware of any reason why its securities should not be suspended or of any other information necessary to inform the market about the suspension. The company's decision reflects its commitment to ensuring a smooth transition during the merger process.