Qumu Corporation (the Company) entered into an Agreement and Plan of Merger (the Merger Agreement), dated December 17, 2022, with Enghouse Interactive Inc. (Parent), and Cosmos Merger Sub Inc. and a wholly owned subsidiary of Parent (Merger Sub), providing for the acquisition of the Company by Parent in an all-cash transaction, consisting of a tender offer (the Offer) for all of the outstanding shares of the Company's common stock, par value $0.01 per share (the Common Stock), followed by a subsequent merger of Merger Sub with and into the Company (the Merger), with the Company surviving the Merger as a wholly-owned subsidiary of Parent. Effective as of the Effective Time, Rose Bentley, the Company's Chief Executive Officer, resigned from all director positions with the Company's subsidiaries.
1st Jan change | Capi. | |
---|---|---|
-10.27% | 66.22B | |
-4.22% | 55.78B | |
-11.21% | 45.77B | |
-3.47% | 39.2B | |
-7.54% | 33.48B | |
-9.98% | 28.54B | |
+120.70% | 24.38B | |
+2.47% | 21.35B | |
+5.19% | 13.77B |