Pivot Tech Solution (PVVTF) 0.3500 $PVVTF Torre
Post# of 273254
Torrent Capital Proposes an Alternative Course of Action to Pivot Technology Solutions
CNW Group - Tue Feb 09, 7:11PM CST
Torrent Capital Inc. ("Torrent" has reached out to the board of Pivot Technology Solutions, Inc. ("Pivot" or the "Company" both proceeding and subsequent to the recently proposed Arrangement Agreement (the "Agreement". Torrent has done so in an effort to provide alternatives to the Company that would maximize value for the common shareholders of Pivot (the "Shareholders".
Torrent Capital Issues Open Letter to Pivot Technology Solutions, Board of Directors
CNW Group - Tue Feb 02, 3:55PM CST
Today Torrent Capital Inc. released the attached open letter to the Board of Directors of Pivot Technology Solutions, Inc.
Torrent Capital opposes proposed Pivot transaction as Pivot founders try to wrestle control of the company from the shareholders for no money
CNW Group - Tue Jan 26, 3:45PM CST
Pivot Technology Solutions, Inc. ("Pivot" or the "Company" (TSX-V: PTG) today announced that it has entered into an arrangement agreement (the "Arrangement Agreement" with PTS Holdings Corporation ("PTS Holdco", a company controlled by a group of investors that includes two of the Company's founders (the "Founder Group", and PTS Income Corp ("Income Corp", a special purpose corporation that will receive cash distributions under the terms of preferred securities to be issued to Income Corp by a successor to the Company. Under the terms of the Arrangement Agreement, once all shareholder, court and regulatory approvals are obtained, and subject to the satisfaction of other customary conditions of closing, the current common shares held by Pivot shareholders (the "Common Shares", other than the members of the Founder Group, will be exchanged for preferred securities (the "Preferred Securities" of Income Corp (collectively, the "Transaction".
PTG.VN: 0.460 (unch)
IIROC Trade Resumption - Pivot Technology Solutions, Inc.
Newsfile Corp - Tue Jan 26, 8:20AM CST
Trading resumes in:
IIROC Trade Halt - Pivot Technology Solutions, Inc.
Newsfile Corp - Tue Jan 26, 7:01AM CST
The following issues have been halted by IIROC: