/C O R R E C T I O N -- Instructure/
/C O R R E C T I O N -- Instructure/
In the news release, Instructure and Thoma Bravo Amend Definitive Merger Agreement to Increase Offer Price to$49.00Per Share in Cash, issued14-Feb-2020by Instructure over PR Newswire, we are advised by the company to add the following third and fourth paragraphs. The complete, corrected release follows:
在新聞稿中，InStructure和Thoma Bravo修改了最終的合併協議，將出價提高到每股現金49.00美元，於2020年2月14日發行。基礎設施在美通社上，公司建議我們增加以下第三和第四段。經過修正的完整版本如下：
Instructure and Thoma Bravo Amend Definitive Merger Agreement to Increase Offer Price to $49.00 Per Share in Cash
InStructure和Thoma Bravo修改最終合併協議將出價提高到每股49.00美元現金
- Revised Agreement Approved by Instructure's Board of Directors
-Instructure董事會批准了修訂後的協議
- Revised Agreement Represents 'Best and Final' Offer from Thoma Bravo; Consideration Delivers Instructure Stockholders Certain and Immediate Value
-修訂後的協議代表Thoma Bravo提出的“最佳和最終”報價；對價為結構股東帶來一定和直接的價值
February 25, 2020 " data-reactid="15">- Special Meeting of Instructure Stockholders Adjourned toFebruary 25, 2020
2020年2月25日“data-reactid=”15“>-機構股東特別會議休會至2020年2月25日
SALT LAKE CITY,Feb. 14, 2020/PRNewswire/ -- Instructure (NYSE: INST) and Thoma Bravo, LLC today announced that they have entered into an amendment to their definitive merger agreement under which Thoma Bravo has increased to$49.00per share in cash its offer to acquire all outstanding shares of Instructure. The offer, which represents a best and final offer, is an increase from the prior$47.60per share offer.
亞洲網鹽湖城2020年2月14日電InStructure(紐約證券交易所市場代碼：INST)和Thoma Bravo，LLC今天宣佈，他們已經對最終合併協議進行了修改，根據該協議，Thoma Bravo將收購InStructure公司所有流通股的報價提高到每股49.00美元。這一報價代表了最好的、也是最終的報價，比之前每股47.60美元的報價有所提高。
The Instructure Board of Directors approved the revised merger agreement and recommend that Instructure stockholders vote in favor of the transaction.
InStructure董事會批准了修訂後的合併協議，並建議InStructure股東投票支持這筆交易。
"This best and final offer is a significant increase over the original bid, and at this stage in the process, it should be clear that this is the best path for the company and stockholders moving forward," saidJosh Coates, Executive Chairman of the Instructure Board of Directors. "I've voted my shares today in favor of the transaction."
Instructure董事會執行主席喬希·科茨(Josh Coates)説：“這個最好的、也是最終的報價比最初的報價有了很大提高，在這個過程的這個階段，很明顯，這是公司和股東前進的最佳途徑。”“我今天對我的股票投了贊成票。”
"This revised agreement demonstrates our commitment to completing this transaction and applying our expertise as specialist software investors and operators to improve Instructure's long-term value," saidHolden Spaht, Managing Partner at Thoma Bravo. "At the same time, Thoma Bravo is a disciplined and experienced investor, and this is our best and final offer for the Company. We would like to acknowledge the thoughtful and constructive dialogue that we have had with Instructure's Board of Directors and believe today's announcement is the result of a thorough and diligent process."
Thoma Bravo公司執行合夥人霍爾登·斯帕特説：“這項修訂後的協議表明我們致力於完成這項交易，並運用我們作為專業軟件投資者和運營商的專業知識來提高InStructure公司的長期價值。”同時，Thoma Bravo是一位紀律嚴明、經驗豐富的投資者，這是我們對公司最好也是最後的報價。我們要感謝我們與InStructure董事會進行的深思熟慮和建設性的對話，並相信今天的宣佈是徹底和勤奮過程的結果。“
The Special Meeting of Instructure Stockholders scheduled for today will be convened and then adjourned again untilTuesday, February 25, 2020at9:00 a.m. Mountain Time, allowing stockholders additional time to consider voting in favor of the transaction.
原定於今天召開的機構股東特別大會將會召開，然後再次休會，至2020年2月25日(星期二)上午9時正復會。高山時間，讓股東有更多的時間考慮投票支持這筆交易。
Stockholders who have already voted do not need to recast their votes. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked. Stockholders who have not already voted or wish to change their vote are encouraged to do so using the instructions provided in the revised definitive proxy statement. No other changes have been made in the proposals to be voted on by stockholders at the special meeting.
已經投票的股東不需要重新投票。以前提交的委託書將在重新召開的會議上投票表決，除非適當撤銷。我們鼓勵尚未投票或希望更改投票的股東使用修訂後的最終委託書中提供的指示進行投票。將由股東在特別會議上投票表決的提案沒有其他變化。
The failure to return the proxy, or vote at the special meeting in person, will have the same effect as a vote "against" the merger. Stockholders seeking copies of the definitive proxy statement or with questions about the special meeting may contact the company's proxy solicitor, MacKenzie Partners, Inc., toll-free at (800) 322-2885.
未能退回委託書或親自在特別會議上投票，將與投票“反對”合併具有相同的效果。尋求最終委託書副本或對特別會議有疑問的股東可免費致電(800)322-2885與該公司的委託書律師麥肯齊合夥人公司(MacKenzie Partners，Inc.)聯繫。
J.P. Morgan Securities LLC is serving as the exclusive financial advisor to Instructure and Cooley LLP is serving as its legal advisor. Kirkland & Ellis is serving as legal advisor to Thoma Bravo.
摩根大通證券有限責任公司(J.P.Morgan Securities LLC)擔任Instructure的獨家財務顧問，庫利律師事務所(Cooley LLP)擔任其法律顧問。Kirkland&Ellis是Thoma Bravo的法律顧問。
ABOUT INSTRUCTURE
關於結構
Instructure helps people grow from the first day of school to the last day of work. More than 30 million people use the Canvas Learning Management Platform for schools and the Bridge Employee Development Platform for businesses. More information atwww.instructure.com.
機構幫助人們從上學的第一天到工作的最後一天成長。超過3000萬人使用Canvas學習管理平台供學校和橋牌企業員工發展平台。欲瞭解更多信息，請訪問www.Instructure.com。
ABOUT THOMA BRAVO, LLC
關於Thoma Bravo，LLC
Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With a series of funds representing more than$35 billionin capital commitments, Thoma Bravo partners with a Company's management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Representative past and present portfolio companies include industry leaders such as ABC Financial, Blue Coat Systems, Deltek, Digital Insight, Frontline Education, Global Healthcare Exchange, Hyland Software, Imprivata, iPipeline, PowerPlan, Qlik, Riverbed, SailPoint, SolarWinds, SonicWall, Sparta Systems, TravelClick and Veracode. The firm has offices inSan FranciscoandChicago.
Thoma Bravo是一家領先的私募股權公司，專注於軟件和技術支持的服務行業。Thoma Bravo擁有一系列基金，共計超過350億美元的資本承諾，與公司的管理團隊合作，實施最佳運營實踐，投資於增長計劃，並進行旨在加速收入和收益的增值性收購，目標是增加業務價值。具有代表性的過去和現在的投資組合公司包括行業領先者，如ABC金融，藍衣系統，德爾泰克，數字洞察，前線教育、全球醫療交易所、海蘭軟件、Impriata、iPipeline、PowerPlan、Qlik、Riverbed、Sailpoint、SolarWinds、SonicWall、Sparta Systems、TravelClick和Veracode。該公司在仁山、法國和芝加哥設有辦事處。
Additional Information and Where to Find It
更多信息以及在哪裏可以找到它
Instructure filed with the Securities and Exchange Commission (the "SEC") a revised definitive proxy statement on Schedule 14A onJanuary 7, 2020(the "proxy statement"), as well as other relevant documents concerning the proposed transaction. The proxy statement contains important information about the proposed merger and related matters. Investors and security holders of Instructure are urged to carefully read the entire proxy statement because it contains important information about the proposed transactions. A definitive proxy statement will be sent to the stockholders of Instructure seeking any required stockholder approvals.
本公司於2020年1月7日向美國證券交易委員會(“證券交易委員會”)提交經修訂的附表14A最終委託書(“委託書”)，以及與建議交易有關的其他相關文件。委託書包含有關擬議合併及相關事宜的重要信息。InStructure的投資者和證券持有人被敦促仔細閲讀整個委託書，因為它包含有關擬議交易的重要信息。一份最終的委託書將被髮送給InStructure的股東，尋求任何所需的股東批准。
Investors and security holders of Instructure will be able to obtain a free copy of the proxy statement, as well as other relevant filings containing information about Instructure and the proposed transactions, including materials that will be incorporated by reference into the proxy statement, without charge, at the SEC's website (http://www.sec.gov) or from Instructure by contacting Instructure's Investor Relations at (866) 574-3127, by email atInvestors@instructure.com, or by going to Instructure's Investor Relations page on its website athttps://ir.instructure.com/overview/default.aspxand clicking on the link titled "SEC Filings."
InStructure的投資者和證券持有人將能夠免費獲得委託書的副本，以及包含InStructure和擬議交易信息的其他相關文件，包括將通過引用免費併入代理聲明的材料，可從證券交易委員會的網站(http://www.sec.gov)或Instructure)獲得，方法是聯繫InStructure的投資者關係部，電話：(8665743127)，電子郵件：Investors@Instructure.com，或轉到Instructure網站athttps://ir.instructure.com/overview/default.aspxand上的投資者關係頁面，點擊標題為“證券交易委員會文件”的鏈接
Participants in the Solicitation
參與徵集活動的人士
Instructure and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed merger. Information regarding the interests of Instructure's directors and executive officers and their ownership of Instructure common stock is set forth in Instructure's annual report on Form 10-K filed with the SEC onFebruary 20, 2019and Instructure's proxy statement on Schedule 14A filed with the SEC onApril 8, 2019. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests in the proposed merger, by security holdings or otherwise, are contained in the proxy statement and other relevant materials to be filed with the SEC in connection with the proposed merger. Free copies of these documents may be obtained, without charge, from the SEC or Instructure as described in the preceding paragraph.
機構及其若干董事、行政人員和僱員可被視為參與就擬議合併徵集委託書。有關InStructure董事和高管的利益以及他們對InStructure普通股的所有權的信息，載於InStructure於2019年2月20日提交給SEC的Form 10-K年度報告和InStructure於2019年4月8日提交的關於附表14A的委託書。關於委託書徵集參與者的其他信息，以及他們在擬議中的合併中的直接和間接利益(通過持有證券或其他方式)的描述，都包含在將提交給證券交易委員會的委託書和其他與擬議中的合併相關的材料中。前款所述，可以從證券交易委員會或機構免費獲得這些文件的免費副本。
Notice Regarding Forward-Looking Statements
關於前瞻性陳述的通知
This communication contains forward-looking information related to the Company and the acquisition of the Company. Forward-looking statements in this release include, among other things, statements about the potential benefits of the proposed transaction, Instructure's plans, objectives, expectations and intentions, the financial condition, results of operations and business of Instructure, and the anticipated timing of closing of the proposed transaction. Risks and uncertainties include, among other things, risks related to the ability of Instructure to consummate the proposed transaction on a timely basis or at all, including due to complexities resulting from the adoption of new accounting pronouncements and associated system implementations; the satisfaction of the conditions precedent to consummation of the proposed transaction; Instructure's ability to secure regulatory approvals on the terms expected in a timely manner or at all; disruption from the transaction making it more difficult to maintain business and operational relationships; the negative side effects of the announcement or the consummation of the proposed transaction on the market price of Instructure's common stock or on Instructure's operating results; significant transaction costs; unknown liabilities; the risk of litigation and/or regulatory actions related to the proposed transaction; competitive factors, including competitive responses to the transaction and changes in the competitive environment, pricing changes, sales cycle time and increased competition; customer demand for Instructure's products; new application introductions and Instructure's ability to develop and deliver innovative applications and features; Instructure's ability to provide high-quality service and support offerings; Instructure's ability to build and expand its sales efforts; regulatory requirements or developments; changes in capital resource requirements; and other business effects, including the effects of industry, market, economic, political or regulatory conditions; future exchange and interest rates; changes in tax and other laws, regulations, rates and policies; and future business combinations or disposals.
本新聞稿包含與本公司及收購本公司有關的前瞻性信息。本新聞稿中的前瞻性陳述包括有關擬議交易的潛在利益、InStructure公司的計劃、目標、預期和意圖、InStructure公司的財務狀況、運營和業務結果以及預期完成擬議交易的時間的陳述。除其他事項外，風險和不確定性包括與機構及時或完全完成擬議交易的能力相關的風險，包括由於採用新的會計聲明和相聯系統實施；完成擬議交易的先決條件的滿足情況；機構及時或完全按照預期條款獲得監管批准的能力；交易中斷使維持業務和運營關係變得更加困難；宣佈或完成擬議交易對Instructure普通股的市場價格或Instructure的經營業績產生的負面影響；重大交易成本；未知負債；與擬議交易相關的訴訟和/或監管行動的風險；競爭因素，包括對交易的競爭性反應客户對InStructure產品的需求；新應用的推出以及InStructure開發和交付創新應用程序和功能的能力；InStructure提供高質量服務和支持產品的能力；InStructure的能力建立和擴大其銷售努力；監管要求或發展；資本資源要求的變化；以及其他業務影響，包括行業、市場、經濟、政治或監管條件的影響；未來匯率和利率；税收和其他法律、法規、利率和政策的變化；以及未來業務合併或處置的影響。
Further information on these and other risk and uncertainties relating to Instructure can be found in its reports on Forms 10-K, 10-Q and 8-K and in other filings Instructure makes with the SEC from time to time and available atwww.sec.gov. These documents are available under the SEC filings heading of the Investors section of Instructure's website athttps://ir.instructure.com/overview/default.aspx.
有關這些和其他與Instructure相關的風險和不確定性的更多信息，可以在Instructure的報告10-K、10-Q和8-K以及InStructure不時提交給證券交易委員會的其他文件中找到，也可以在www.sec.gov上獲得。這些文件可在證券交易委員會備案文件標題下查閲，該標題位於Instructs網站athttps://ir.instructure.com/overview/default.aspx.的投資者部分。
The forward-looking statements included in this communication are made only as of the date hereof. Instructure assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
本新聞稿中包含的前瞻性陳述僅在本新聞稿發佈之日作出。除法律要求外，InStructure不承擔任何義務，也不打算更新這些前瞻性陳述。
CONTACTS:
聯繫人：
For Instructure
對於基礎設施
Instructure Investor Relations 866-574-3127,Investors@instructure.com
機構投資者關係部866-574-3127電子郵件：Investors@Instructure.com
Instructure Media Contact
結構媒體聯繫人
Cory Edwards, 801-869-5258,cory@instructure.com
科裏愛德華茲電話：801-869-5258
or
或
Kekst CNC
KEKST數控系統
Ross Lovern, 212-521-4800,ross.lovern@kekstcnc.com
羅斯·洛弗恩(Ross Lovern)電話：212-521-4800電子郵件：ross.loven@kekstcnc.com
For Thoma Bravo
為了托馬布拉沃
Megan Frank, 628-218-0274,mfrank@thomabravo.com
梅根·弗蘭克(Megan Frank)電話：628-218-0274電子郵件：mfrank@thomrapvo.com
or
或
Finsbury
芬斯伯裏
Andrew Johnson, 646-495-2044,andrew.johnson@finsbury.com
安德魯約翰遜電子郵件：andrew.johnson@finsbury.com
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SOURCE Instructure
源結構
譯文內容由第三人軟體翻譯。