Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 12, 2021, the Board of Directors ('Board') of Thryv Holdings, Inc. (the 'Company') approved and authorized certain amendments to the Thryv Holdings, Inc. 2020 Equity Incentive Award Plan (the 'Plan'), subject to stockholder approval, to (i) increase the number of shares of the Company's common stock available for delivery under the Plan by 2,981,490 shares, (ii) allow for broker-assisted cashless exercise as a method of exercise of the outstanding options under the Plan granted to employees, and (iii) adopt an automatic annual increase in the share reserve of up to 5% of the Company's outstanding shares (or such lesser amount as determined by the Board) (the 'Amendments').
Subsequently, on May 18, 2021, the Amendments were approved by written consent of the Company's stockholders representing approximately 55.3% of the voting power of the Company as of such date.
The Company intends to file with the U.S. Securities and Exchange Commission, and distribute to all stockholders entitled to receive notice thereof, a related information statement on Schedule 14C (the 'Information Statement'), as required by the Securities Exchange Act of 1934. The Amendments will become effective on the trading day following the date that is 20 days after the Information Statement is first mailed or otherwise delivered to our stockholders entitled to receive notice thereof.
Submission of Matters to a Vote of Security Holders.
The information set forth under Item 5.02 above is incorporated by reference into this Item 5.07.
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Thryv Holdings Inc. published this content on 19 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2021 10:05:06 UTC.
Thryv Holdings, Inc. is a software and marketing services company that enables small-to medium-sized businesses (SMBs). The Companyâs software as a service (SaaS) platform, Thryv, is used by approximately 65,000 businesses, to manage their end-to-end operations. The Companyâs solutions enable its SMB clients to generate new business leads, manage their customer relationships, and run their day-to-day operations. It serves approximately 350,000 SMB clients through four segments. Thryv U.S. Marketing Services segment includes its print and digital solutions business in the United States. Thryv U.S. SaaS segment includes the Company's SaaS flagship all-in-one small business management platform in the United States. Thryv International Marketing Services segment comprises Thryv's print and digital solutions business outside the United States. Thryv International SaaS segment includes its SaaS flagship all-in-one small business management platform outside the United States.
THRYV HOLDINGS, INC. 
