15:09:04 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Trilogy International Partners Inc
Symbol TRL
Shares Issued 88,627,603
Close 2024-03-26 C$ 0.085
Market Cap C$ 7,533,346
Recent Sedar Documents

Trilogy Int'l, SG complete go-private deal

2024-03-28 14:19 ET - News Release

Mr. Scott Morris reports

TRILOGY INTERNATIONAL PARTNERS INC. AND SG ENTERPRISES II, LLC ANNOUNCE COMPLETION OF GO-PRIVATE TRANSACTION

SG Enterprises II LLC, an entity controlled by John W. Stanton, a director of Trilogy International Partners Inc., and Theresa E. Gillespie, a former director of Trilogy International Partners, has completed the previously announced acquisition of the company by way of a court-approved plan of arrangement.

Under the terms of the arrangement, SG acquired all of the issued and outstanding common shares of the company, other than the common shares already held by SG1, in exchange for cash consideration of seven U.S. cents per common share. SG will pay an aggregate of $5,020,332.10 (U.S.) in cash to shareholders under the arrangement.

On March 27, 2024, the company obtained a final order from the Supreme Court of British Columbia approving the arrangement. The common shares are expected to be delisted from the TSX Venture Exchange on or around market close on April 1, 2024. An application has been made for the company to cease to be a reporting issuer under applicable Canadian securities laws. An application will also be made for the company to terminate its reporting obligations in the United States.

Information regarding the procedure for exchange of common shares for the consideration is provided in the company's proxy statement and management information circular dated Feb. 21, 2024. The circular is available under the company's SEDAR+ profile.

About Trilogy International Partners Inc.

Trilogy International Partners formerly owned wireless and fixed broadband telecommunications subsidiaries in New Zealand and Bolivia.

Its head office is located at 155 108th Ave. NE, Suite 400, Bellevue, Wash., 98004.

About SG Enterprises II LLC

SG's head office is located at 155 108th Ave. NE, Suite 400, Bellevue, Wash., 98004.

As of the date hereof, SG owns all of the issued and outstanding common shares.

We seek Safe Harbor.

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