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ConvergeOne Holdings Inc (CVON.OQ)

CVON.OQ on NASDAQ Stock Exchange Global Market

8.91USD
19 Oct 2018
Change (% chg)

$-0.04 (-0.45%)
Prev Close
$8.95
Open
$8.85
Day's High
$9.17
Day's Low
$8.76
Volume
17,302
Avg. Vol
54,888
52-wk High
$10.66
52-wk Low
$7.95

Latest Key Developments (Source: Significant Developments)

ConvergeOne Announces $25 Million Stock Repurchase Program
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE ANNOUNCES $25 MILLION STOCK REPURCHASE PROGRAM.CONVERGEONE HOLDINGS INC - REPURCHASE PROGRAM EXPECTED TO CONTINUE THROUGH AUGUST 2020, UNLESS EXTENDED OR SHORTENED BY CO'S BOARD.CONVERGEONE HOLDINGS INC - STOCK REPURCHASES WOULD BE FUNDED FROM AVAILABLE WORKING CAPITAL.  Full Article

ConvergeOne Holdings Announces Information With Respect To Previously Announced Cash Tender Offer For Its Warrants
Friday, 13 Apr 2018 

April 13 (Reuters) - ConvergeOne Holdings Inc ::CONVERGEONE HOLDINGS INC ANNOUNCES IMPORTANT INFORMATION WITH RESPECT TO PREVIOUSLY ANNOUNCED CASH TENDER OFFER FOR ITS WARRANTS.CONVERGEONE - EXTENDING SCHEDULED EXPIRATION OF PREVIOUSLY ANNOUNCED CASH TENDER OFFER TO PURCHASE CONVERGEONE WARRANTS TO APRIL 20.  Full Article

Convergeone Announces Combination With Forum Merger to Become Nasdaq-Listed Co, With Anticipated Enterprise Value Of About $1.2 Bln
Friday, 1 Dec 2017 

Dec 1 (Reuters) - CONVERGEONE::CONVERGEONE ANNOUNCES COMBINATION WITH FORUM MERGER CORPORATION TO BECOME PUBLICLY LISTED COMPANY.CONVERGEONE SAYS DEAL WILL ENABLE CO TO BECOME A NASDAQ-LISTED PUBLIC CO, WITH AN ANTICIPATED INITIAL ENTERPRISE VALUE OF ABOUT $1.2 BILLION.CONVERGEONE - IMMEDIATELY UPON CONSUMMATION OF TRANSACTION, FORUM WILL CHANGE ITS NAME TO CONVERGEONE.CONVERGEONE - CLEARLAKE WILL REMAIN LARGEST SHAREHOLDER IN COMBINED COMPANY UPON COMPLETION OF TRANSACTION.CONVERGEONE- ON COMPLETION OF BUSINESS COMBINATION, COMBINED CO WILL CONTINUE TO BE LED BY JOHN A. MCKENNA JR. AS CHAIRMAN AND CEO.CONVERGEONE - PART OF CONSIDERATION PAYABLE TO EXISTING CONVERGEONE SHAREHOLDERS WILL CONSIST OF SHARES OF FORUM COMMON STOCK.CONVERGEONE - EXISTING CONVERGEONE SHAREHOLDERS HAVE POTENTIAL TO RECEIVE AN EARNOUT IF CERTAIN CONVERGEONE ADJUSTED. EBITDA TARGETS ARE MET.CONVERGEONE-AFTER REDEMPTIONS, BALANCE OF ABOUT $175 MILLION WITH $144 MILLION IN PLACEMENTS TO BE USED TO PAY EXISTING CO SHAREHOLDERS CASH CONSIDERATION.  Full Article