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, Thomas A. Krueger, the Company's Chief Financial Officer, resigned from all director positions with the Company's subsidiaries.
1st Jan change | Capi. | |
---|---|---|
-19.95% | 214B | |
-9.06% | 66.27B | |
-3.37% | 56.38B | |
-10.49% | 46.62B | |
+8.30% | 43.93B | |
-6.51% | 34.19B | |
-7.95% | 29.14B | |
+85.24% | 24.32B | |
+3.45% | 21.64B |