06:02:07 EDT Wed 02 Jul 2025
Enter Symbol
or Name
USA
CA



Softchoice Corp
Symbol SFTC
Shares Issued 60,336,418
Close 2025-03-13 C$ 24.48
Market Cap C$ 1,477,035,513
Recent Sedar Documents

Softchoice closes acquisition by World Wide Technology

2025-03-13 18:03 ET - News Release

Ms. Cheryl Salman reports

WORLD WIDE TECHNOLOGY COMPLETES ACQUISITION OF SOFTCHOICE CORPORATION

An affiliate of World Wide Technology Holding Co. LLC, 2672989 Alberta ULC, has completed its previously announced acquisition of Softchoice Corp. pursuant to a plan of arrangement whereby the purchaser has acquired all of the issued and outstanding common shares of Softchoice for $24.50 in cash per share. The arrangement, which was announced on Dec. 31, 2024, was approved by shareholders of the company at a special meeting held on March 4, 2025.

In connection with the closing of the arrangement, it is expected that the shares will be delisted from the Toronto Stock Exchange on or about March 14, 2025. Softchoice has also applied to cease to be a reporting issuer under applicable Canadian securities laws.

Early warning reporting

Pursuant to the arrangement, the purchaser acquired 60,336,418 shares, representing all of the issued and outstanding shares, for a price of $24.50 per share, or $1,478,242,241 in the aggregate. Prior to the arrangement, the purchaser and its subsidiaries did not own any shares.

An early warning report will be made available under Softchoice's profile on SEDAR+. To obtain a copy of the early warning report, please contact Tim Foran at 416-986-8515.

About Softchoice Corp.

Softchoice, a World Wide Technology company, is a software and cloud-focused information technology solution provider that equips people to be engaged, connected and creative at work, and organizations to be agile, innovative and secure by delivering artificial-intelligence-powered cloud and digital workplace solutions. Through its mission, it unleashes the potential in people and technology to unlock value for its customers as it guide them through their transformation journey with comprehensive end-to-end solutions. It has a highly engaged, high performing team that is welcoming, inclusive and diverse in thought and experience, and is certified as a great place to work in Canada and the United States. For the past 19 years, it has consistently been recognized by Great Place to Work as a best workplace in Canada.

As part of World Wide Technology, a global technology solution provider leading the AI and digital revolution, it has access to serve its customers through WWT's resources. That includes its advanced technologies centre, a collaborative ecosystem of the world's most advanced hardware and software solutions, which help customers and partners conceptualize, test and validate innovative technology solutions for the best business outcomes and then deploy them at scale through WWT's global warehousing, distribution and integration capabilities.

We seek Safe Harbor.

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