Qualtrics International Inc. announced that in connection with the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, dated as of March 12, 2023 (the âMerger Agreementâ), by and among Qualtrics International Inc. (âQualtricsâ or the âCompanyâ), Quartz Holdco, LLC (âParentâ) and Quartz MergerCo Inc. and a wholly owned subsidiary of Parent (âMerger Subâ). Parent and Merger Sub are affiliates of funds advised by Silver Lake Group, L.L.C. On June 28, 2023 (the âClosing Dateâ), pursuant to the terms of the Merger Agreement, Merger Sub merged with and into the Company (the âMergerâ), with the Company surviving the Merger as a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the Effective Time, Omar Johnson, Luka Mucic, Kelly Steckelberg, Ritu Bhargava, Sindhu Gangadharan, Christian Klein, Robin Manherz and Scott Russell each ceased to be directors of the Company.
At the Effective Time, each of Mark Gillett, Karen King, Gregg Lemkau, David Lubek, Kyle Paster and Vincent Yu became a director of the Company.