The Toronto Stock Exchange reports that Blackline Safety Corp. will be delisted at the close on July 3, 2026. According to the TSX, Apollo Purchaser Inc., a newly formed corporation controlled by Francisco Partners Management LP, has acquired all of the issued and outstanding shares of Blackline Safety pursuant to a plan of arrangement. The arrangement was approved by the company's shareholders at a special meeting held on June 15, 2026.

The TSX reports that shareholders of Blackline Safety, other than the rollover shareholders, will receive, for each share held: (a) $9 in cash; and (b) one contingent value right (CVR) that will entitle the holder thereof to a potential cash payment of up to 50 cents per CVR if the company achieves a certain annualized recurring revenue target in fiscal 2027. The rollover shareholders will receive equity of the purchaser or an affiliate thereof. To receive the consideration, shareholders must return the letter of transmittal together with share certificates, if applicable, to Odyssey Trust Company at its principal offices in Toronto.

For more information, see Blackline Safety's management information circular and proxy statement dated May 12, 2026, available on SEDAR+.