On October 31, 2019, Callidus Capital Corporation announced the voting results of its special meeting of holders of common shares held on October 31, 2019. At the Meeting, shareholders passed a special resolution approving a statutory plan of arrangement under section 182 of the Business Corporations Act as contemplated by an arrangement agreement dated August 15, 2019 between Callidus and Braslyn Ltd. involving, among other things, the acquisition by Braslyn of all of the issued and outstanding common shares in the capital of the Company other than Shares held by Braslyn, certain investment funds managed by The Catalyst Capital Group Inc., FigCorp Ltd., and James Riley. The Company stated that shareholders approved the arrangement resolution with approximately 99.07% of the votes cast at the meeting in favor of the arrangement.