ACCESSWIRE
23 Feb 2021, 23:01 GMT+10
Greater than 99% of CounterPath shareholders who voted at the meeting vote in favor of the acquisition of CounterPath by Alianza, Inc.
VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / CounterPath Corporation ('CounterPath' or the 'Company') (NASDAQ:CPAH)(TSX:PATH), a global provider of award-winning Unified Communications and Collaboration (UCC) solutions for enterprises and service providers, announced that at its special meeting, held February 22, 2021 (the 'Meeting'), the shareholders of CounterPath have approved the agreement and plan of merger, dated as of December 6, 2020, among CounterPath, Alianza, Inc., and CounterPath Merger Sub, Inc., and the transactions contemplated thereby (the 'Merger Transaction') referred to in its definitive proxy statement dated January 20, 2021.
A total of 4,550,171 common shares representing 70.48% of the outstanding common shares were present in person or by proxy at the Meeting.
At the Meeting, the stockholders voted on the approval of the Merger Transaction with the following votes:
In addition, the votes were re-tabulated under applicable Canadian securities laws while excluding those holders of CounterPath common stock whose votes are required to be excluded pursuant to Part 8 of Multilateral Instrument 61-101, with the following votes:
At the Meeting, the stockholders also voted on the approval of a proposal to adjourn the Meeting if necessary or appropriate in the view of the CounterPath board of directors to solicit additional proxies if there are not sufficient votes at this Meeting to approve the Merger Transaction with the following votes:
The results of other matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR (www.sedar.com) filed on February 23, 2021 and the Form 8-K as filed on EDGAR (www.sec.gov/edgar), filed on February 23, 2021.
About CounterPath
CounterPath Corporation (NASDAQ:CPAH)(TSX:PATH) is revolutionizing how people communicate in today's modern mobile workforce. Its award-winning Bria solutions for desktop and mobile devices enable organizations to leverage their existing PBX and hosted voice call servers to extend seamless and secure unified communications and collaboration services to users regardless of their location and network. CounterPath technology meets the unique requirements of several industries, including the contact center, retail, warehouse, hospitality, and healthcare verticals. Learn more at counterpath.com and follow us on Twitter @counterpath.
Contact
David Karp
Chief Executive Officer
dkarp@counterpath.com
SOURCE: CounterPath Corporation
Get a daily dose of Hawaii Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hawaii Telegraph.
More InformationAn Afghan taxi-driver in Vancouver told one of us a decade ago that this day would come. "We defeated the ...
DES MOINES, Iowa: As the number of Iowa residents who have been vaccinated against Covid rises, the demand has fallen ...
THE HAGUE, Netherlands: Dutch Prime Minister Mark Rutte announced the easing of the country's months-long coronavirus lockdown on Tuesday. A ...
TORONTO, Canada: The province of Ontario, Canada will offer AstraZeneca vaccines to people 40 years and over. This follows a ...
WASHINGTON D.C.: Citing the need to protect U.S. citizens from contracting the Coronavirus, the U.S. State Department said on April ...
NEW YORK, New York: Those who have been inoculated against COVID-19 with the Pfizer vaccine will likely need a third ...
NEW YORK, New York - U.S. stocks tumbled on Friday following news of a new capital gains tax planned by ...
ORLANDO, Florida: April 19 -- Amazon is moving ahead with plans to launch 3,200 satellites to offer Internet services from ...
LONDON, England: Held down by the government's huge jobs subsidies programme, Britain's unemployment rate surprisingly fell for the second month ...
SYDNEY, NSW, Australia - Stocks in Japan took off on Thursday with solid gains also being recorded in Hong Kong ...
WOONSOCKET, Rhode Island: The major American pharmacy chain CVS Health announced this week that it would offer three brands of ...
BANGKOK, Thailand: Thailand is on the brink of putting the finishing touches to one of the largest projects installed atop ...