Important Shareholder Meeting Announced by Quorum Information Technologies
CALGARY, Alberta — Quorum Information Technologies Inc. (TSX-V: QIS) is delighted to announce the filing of its management information circular and associated proxy materials for its upcoming special meeting of shareholders. This meeting is significant for all Quorum Shareholders who hold stakes in this progressive company.
Key Meeting Information
The special meeting has been scheduled for November 26, 2025, at 10:00 a.m. Mountain Time. It will take place at the Conference Centre in Manulife Place, providing an opportunity for shareholders to engage directly with the company’s leadership and discuss vital business directions.
Resolution for Shareholder Approval
At this important meeting, Quorum Shareholders will be asked to evaluate and vote on the Arrangement Resolution, which is crucial for approving a statutory plan of arrangement involving Quorum and 2745122 Alberta Inc., an affiliate of Valsoft Corporation. This resolution is set to facilitate strategic changes that are anticipated to benefit the company significantly.
Recommendation from the Board
The Board of Directors has reviewed the Arrangement Resolution thoroughly and unanimously recommends that all Quorum Shareholders vote in favor of the proposal. Their support is seen as vital to the achievement of the company's strategic goals.
Accessing Meeting Materials
To ensure that shareholders are adequately informed, Quorum has already started sending out the meeting materials. However, to enhance accessibility and convenience, all materials are readily available on Quorum’s corporate website and SEDAR+ under the company’s profile. Shareholders are encouraged to check these resources online regularly.
Voting for Shareholders
Registered Quorum Shareholders are urged to cast their votes via the internet or email, ensuring their participation in the meeting. Given the potential delays impacting mailing services due to ongoing postal disruptions, beneficial shareholders are also advised to access materials and vote electronically to avoid any inconveniences.
About Quorum Information Technologies Inc.
Quorum is a leading North American provider of SaaS software solutions tailored for the automotive industry. Their suite of products plays a crucial role in enabling automotive dealerships and manufacturers to operate efficiently while maximizing customer satisfaction and revenue.
Some of the flagship services offered by Quorum include:
- Quorum’s Dealership Management System (DMS): This system enhances operational efficiency across departments in a dealership, focusing on revenue generation and service quality.
- DealerMine CRM: A sophisticated customer relationship management system that supports sales and service functions within dealerships.
- Autovance: A platform designed to optimize the customer’s buying experience while improving dealership profits through advanced retailing tools.
- Accessible Accessories: This platform significantly boosts accessory sales for dealerships, aligning with consumer demands effectively.
- VINN Automotive: An innovative marketplace aimed at streamlining vehicle purchases, benefiting both customers and dealership operations.
Contact Quorum
For more information about Quorum or the upcoming meeting, please reach out to the contacts below:
Maury Marks
President and CEO
403-777-0036
Maury.Marks@QuorumInfoTech.com
Marilyn Bown
Chief Financial Officer
403-777-0036
Marilyn.Bown@QuorumInfoTech.com
Frequently Asked Questions
What is the purpose of the special meeting?
The special meeting aims to seek shareholder approval for the Arrangement Resolution, facilitating strategic changes for the company.
How can shareholders participate in the vote?
Shareholders can vote online or submit their votes via email. They are encouraged to access materials electronically to ensure timely participation.
What should shareholders know about the mailed materials?
Mailing of the materials has begun, but due to potential disruptions, shareholders are urged to access materials online for quicker information.
What does the Board recommend regarding the Arrangement Resolution?
The Board unanimously recommends that shareholders vote in favor of the Arrangement Resolution to promote the company’s strategic objectives.
How can I get more information about Quorum’s services?
For more details about Quorum's software solutions and services, please visit their corporate website or contact the company directly.
