SAN ANTONIO, May 12, 2020 /PRNewswire/ -- GlobalSCAPE,
Inc. (NYSE American: GSB), a worldwide leader in the secure
movement and integration of data, today announced that its Annual
Meeting of Stockholders, held on May 12,
2020 (the "Original Meeting"), was adjourned until
May 26, 2020, at 9:00 a.m. Central Time (the "Adjourned Meeting").
In light of the restrictions on in-person meetings in the
City of San Antonio at the present
time, the Company determined to adjourn the meeting to provide
stockholders the opportunity to attend the meeting in person at a
later date following the lifting of the City of San Antonio's current stay-at-home
order related to the COVID-19 pandemic. The Adjourned Meeting will
be on May 26, 2020, at 9:00 a.m. Central Time, held at GlobalSCAPE's
headquarters, located at 4500 Lockhill-Selma Road, Suite 150,
San Antonio, Texas 78249.
A quorum was present for the authorization of the Original
Meeting and, as of the date and time of the Original Meeting, there
were sufficient proxies to approve the Company's proposals
presented at the meeting.
Important Information
This material may be deemed to
be solicitation material in respect of the Adjourned Meeting to be
held on May 26, 2020. In connection
with the Adjourned Meeting, the Company has filed a definitive
proxy statement with the United States Securities and Exchange
Commission (the "SEC") on March 30,
2020. BEFORE MAKING ANY VOTING OR INVESTMENT DECISIONS,
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE
PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH
THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE
ADJOURNED MEETING. The definitive proxy statement has been mailed
to stockholders who are entitled to vote at the Adjourned Meeting.
Stockholders will also be able to obtain a copy of the definitive
proxy statement free of charge by directing a request to the
Company's Secretary. In addition, the definitive proxy statement is
available free of charge at the SEC's
website, www.sec.gov.
About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE American:
GSB) is a pioneer in securing and automating the movement and
integration of data seamlessly in, around and outside your
business, between applications, people and places, in and out of
the cloud. GlobalSCAPE provides cloud services that automate your
work, secure your data, and integrate your applications – while
giving visibility to those who need it. GlobalSCAPE makes business
flow brilliantly. Visit www.globalscape.com.
Safe Harbor Statement
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. The words "would," "exceed," "should," "anticipates,"
"believe," "expect," and variations of such words and similar
expressions identify forward-looking statements, but their absence
does not mean that a statement is not a forward-looking statement.
These forward-looking statements are based upon the Company's
current expectations and are subject to a number of risks,
uncertainties and assumptions. The Company undertakes no obligation
to update any forward-looking statements, whether as a result of
new information, future events or otherwise. Among the important
factors that could cause the actual results of the operations or
financial condition of the Company to differ materially from those
expressed or implied by forward-looking statements include, but are
not limited to, the overall level of consumer spending on our
products; general economic conditions and other factors affecting
consumer confidence; disruption and volatility in the global
capital and credit markets; the Company's ability to protect
patents, trademarks and other intellectual property rights; any
breaches of, or interruptions in, our information systems; legal,
regulatory, political and economic risks in international markets
and global public health crises that reduce economic activity
(including the recent coronavirus COVID-19 outbreak); the results
of our reduction in force; the discovery of additional information
relevant to the internal investigation; the possibility that
additional errors relevant to the recently completed restatement
may be identified; pending litigation and other proceedings and the
possibility of further legal proceedings adverse to the Company
resulting from the restatement or related matters; the costs
associated with the restatement and the investigation, pending
litigation and other proceedings and possible future legal
proceedings; and our decreased "public float" (the number of shares
owned by non-affiliate stockholders and available for trading in
the securities markets) as a result of share repurchases. More
information on potential risks and other factors that could affect
the Company's financial results is included from time to time in
the Company's public reports filed with the SEC, including the
Company's Annual Report on Form 10-K, Quarterly Reports on Form
10-Q, and Current Reports on Form 8-K. All forward-looking
statements included in this press release are based upon
information available to the Company as of the date of this press
release and speak only as of the date hereof.
GlobalSCAPE Investor Relations Contact:
ir@GlobalSCAPE.com
GlobalSCAPE Public Relations Contact:
Zintel
Public Relations
Matthew Zintel
matthew.zintel@zintelpr.com
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SOURCE GlobalSCAPE, Inc.