Press Release: Engagement Labs Provides Update
Press Release: Engagement Labs Provides Update
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021 /CNW/ -- Engagement Labs Inc. (TSXV: EL) (the "Company") announced today that due to unanticipated delays, the proposed completion of its previously announced merger proposal with DGTL Holdings Inc., if approved by shareholders, might not be completed before year-end. The proposed merger is subject to a number of conditions including DGTL satisfying or waiving its financing condition, which expired on October 8, 2021 and which DGTL indicates has delayed its ability to close its financing. This delay in DGTL's year-end financial filing has also postponed EL's completion of its valuation and fairness opinion of the merger, which must be included with any documentation submitted to shareholders to consider approval of the transaction. Once these matters are clarified, EL will issue a further news release. Engagement Labs Provides Update
項目實驗室提供最新信息
Canada NewsWire
加拿大新聞通訊社
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021
新澤西州新不倫瑞克和多倫多，2021年11月1日
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021 /CNW/ -- Engagement Labs Inc. (TSXV: EL) (the "Company") announced today that due to unanticipated delays, the proposed completion of its previously announced merger proposal with DGTL Holdings Inc., if approved by shareholders, might not be completed before year-end. The proposed merger is subject to a number of conditions including DGTL satisfying or waiving its financing condition, which expired on October 8, 2021 and which DGTL indicates has delayed its ability to close its financing. This delay in DGTL's year-end financial filing has also postponed EL's completion of its valuation and fairness opinion of the merger, which must be included with any documentation submitted to shareholders to consider approval of the transaction. Once these matters are clarified, EL will issue a further news release.
新澤西州新不倫瑞克和多倫多，2021年11月1日/CNW/--Engagement Labs Inc.(TSXV：EL)(以下簡稱“公司”)今天宣佈，由於意想不到的延遲，其先前宣佈的與DGTL控股公司的合併提議如果獲得股東批准，可能無法在年底前完成。擬議中的合併受到多個條件的限制，包括DGTL滿足或放棄其融資條件，該條件於2021年10月8日到期，DGTL表示，該條件推遲了其結束融資的能力。DGTL年終財務申報的這一延遲也推遲了El完成對合並的估值和公平意見，這些意見必須包括在提交給股東的任何文件中，以考慮批准交易。一旦這些問題得到澄清，El將發佈進一步的新聞稿。
About Engagement Labs
關於接洽實驗室
Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.
Engagement Labs(多倫多證券交易所股票代碼：EL)是一家行業領先的數據和分析公司，為財富500強品牌和公司提供社交情報。
To learn more visit www.engagementlabs.com
欲瞭解更多信息，請訪問www.Engagementlabs.com。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
For media inquiries please contact:
媒體查詢請聯繫：
Vanessa Lontoc / Ed Keller, CEO
Vanessa Lontoc/Ed Keller，首席執行官
Engagement Labs
參與實驗室
vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com
電子郵件：vanessa.lontoc@Engagementlabs.com/ed.keller@Engagementlabs.com
SOURCE Engagement Labs
來源參與實驗室
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