Pluralsight To Adjourn Special Meeting of Shareholders
March 02 2021 - 7:00AM
Pluralsight, Inc. (NASDAQ: PS), the technology workforce
development company, today announced that it intends to convene and
then adjourn the special meeting of shareholders scheduled to occur
at 10:30 a.m., Mountain Time, on Tuesday, March 2, 2021. No other
business will be conducted at the special meeting.
Pluralsight is adjourning the special meeting to provide
additional time to solicit proxies from shareholders, and for
Pluralsight and Vista Equity Partners (“Vista”) to discuss whether
there is a potential path to completing their proposed transaction
on revised terms. There can be no assurance that these discussions
will be successful or that they will result in any modifications to
the currently contemplated transaction. Pluralsight does not intend
to further comment publicly on the status of these discussions.
The special meeting will be adjourned to 10:30 a.m., Mountain
Time, on Tuesday, March 9, 2021. The special meeting will still be
held online via a live interactive webcast on the internet at
http://www.cesonlineservices.com/ps21_vm. The record date for
shareholders entitled to vote at the special meeting remains
January 15, 2021.
As previously announced on December 13, 2020, affiliates of
Vista agreed to acquire all outstanding shares of Pluralsight
common stock for $20.26 per share in an all-cash transaction valued
at approximately $3.5 billion.
If Pluralsight shareholders have any questions or need
assistance voting their shares, please contact Innisfree
M&A Incorporated, Pluralsight’s proxy solicitor:
Innisfree M&A
Incorporated501 Madison Avenue, 20th
FloorNew York, New
York 10022Shareholders
(Toll-Free): 1-877-687-1866Banks and Brokers
(Collect): 1-212-750-5833
About Pluralsight
Pluralsight is the leading technology workforce development
company that helps companies and teams build better products by
developing critical skills, improving processes and gaining
insights through data, and providing strategic skills consulting.
Trusted by forward-thinking companies of every size in every
industry, Pluralsight helps individuals and businesses transform
with technology. Pluralsight Skills helps enterprises build
technology skills at scale with expert-authored courses on today’s
most important technologies, including cloud, artificial
intelligence and machine learning, data science, and security,
among others. Skills also includes tools to align skill development
with business objectives, virtual instructor-led training, hands-on
labs, skill assessments and one-of-a-kind analytics. Flow
complements Skills by providing engineering teams with actionable
data and visibility into workflow patterns to accelerate the
delivery of products and services. For more information about
Pluralsight (NASDAQ: PS), visit pluralsight.com.
Forward-Looking Statements
This communication contains forward-looking statements that
involve risks and uncertainties, including statements regarding our
pending acquisition by affiliates of Vista (the “Transaction”),
including the possibility of revisions to the terms of the
Transaction. These forward-looking statements involve risks and
uncertainties. If any of these risks or uncertainties materialize,
or if any of our assumptions prove incorrect, our actual results
could differ materially from the results expressed or implied by
these forward-looking statements. These risks and uncertainties
include risks associated with: the risk that the conditions to the
closing of the Transaction are not satisfied, including the risk
that required approvals from the stockholders of Pluralsight for
the Transaction or required regulatory approvals are not obtained;
potential litigation relating to the Transaction; uncertainties as
to the timing of the consummation of the Transaction and the
ability of each party to consummate the Transaction; risks that the
Transaction disrupts the current plans and operations of
Pluralsight; and the risks described in the filings that we make
with the Securities and Exchange Commission (the “SEC”) from time
to time, including the risks described under the headings “Risk
Factors” and “Management Discussion and Analysis of Financial
Condition and Results of Operations” in our Annual Report on Form
10-K, which was filed with the SEC on February 25, 2020, and
amended on March 2, 2020, and which should be read in conjunction
with our financial results and forward-looking statements. Our
filings with the SEC are available on the SEC filings section of
the Investor Relations page of our website at
http://investors.pluralsight.com. All forward-looking statements in
this communication are based on information available to us as of
the date of this communication, and we do not assume any obligation
to update the forward-looking statements provided to reflect events
that occur or circumstances that exist after the date on which they
were made, except as required by law.
Contacts
Investor RelationsMark
McReynoldsmark-mcreynolds@pluralsight.com
MediaDJ Andersonpress@pluralsight.com
Joele Frank, Wilkinson Brimmer KatcherMatthew Sherman / Jed
Repko212.355.4449
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