#Canada #H.I.G. Capital #Toronto #Converge Technology #Proxy Voting

Converge Technology Solutions Calls for Action from Shareholders

As the clock ticks down to the proxy voting deadline, Converge Technology Solutions Corp. is reaching out to its shareholders, urging them to cast their votes ahead of the highly anticipated special meeting set for April 10, 2025. This meeting will deliberate on a critical resolution regarding a proposed arrangement between Converge and H.I.G. Capital, which is poised to impact the future of the company significantly.

Key Details for Shareholders

Converge, listed on the Toronto Stock Exchange under the ticker CTS, has announced that shareholders will vote on a special resolution, known as the Arrangement Resolution. This resolution requires approval for a statutory plan of arrangement that will see H.I.G. Capital acquire all the outstanding common shares of Converge at a cash consideration of C$6.00 per share. However, exceptions apply to shares held by specific shareholders who have entered into rollover equity agreements.

The Board of Directors of Converge unanimously recommends a vote in favor of the Arrangement Resolution, indicating their alignment with the proposed transaction. Shareholders are encouraged to familiarize themselves with the management information circular dated March 10, 2025, which provides comprehensive details of the arrangement, voting instructions, and other essential information. This circular, along with proxy materials relevant to the impending special meeting, can be accessed through Converge’s profile on SEDAR+ and via the company's official website.

Vote Ahead of the Deadline

For shareholders wishing to participate in this significant decision, it is essential to vote before the proxy voting deadline set at 11:00 a.m. Toronto time on April 8, 2025. The upcoming special meeting will take place in a virtual-only format, allowing easier access for all shareholders, and will begin promptly at 11:00 a.m. on April 10.

To ensure that shareholders can navigate this voting process smoothly, Converge has enlisted the support of Laurel Hill Advisory Group, a proxy solicitation agent, to assist those who have questions or may need help in this regard. Shareholders can reach Laurel Hill toll-free at 1-877-452-7184 for North American contacts or at +1 416-304-0211 for international queries, or they can email [email protected] for assistance.

About Converge Technology Solutions

Founded in 2017, Converge Technology Solutions Corp. is rethinking the IT landscape, driven by a human-centered vision. The organization offers solutions tailored to address various challenges faced by businesses today. By combining expert knowledge, local ties, and global resources, Converge has established itself as a leader in delivering cutting-edge IT Cloud Solutions. Their methodology—Advise, Implement, Manage (AIM)—allows for custom solutions that fit seamlessly within existing systems, thereby optimizing operations without adding complexity.

Through their commitment to advanced technologies, including artificial intelligence, cybersecurity, and workplace transformation, Converge empowers enterprises across multiple industries to innovate and achieve meaningful results. The company's dual focus on service delivery and technological innovation embodies their motto of 'IT reimagined.'

Conclusion

As we approach the special meeting, it is vital for shareholders of Converge Technology Solutions to engage in the voting process and make their voices heard. The proposed arrangement with H.I.G. Capital stands as a pivotal moment for the company, and your vote could help shape its future. Don't miss the chance to be part of this important decision—vote today and help steer Converge toward a promising new chapter.

For more information, visit their official website at convergetp.com.