06/23/2026 | Press release | Distributed by Public on 06/23/2026 07:00
| Item 8.01. |
Other Events. |
As previously disclosed, on April 23, 2026, TruBridge, Inc., a Delaware corporation (the "Company"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with Inventurus Knowledge Solutions, Inc., a Delaware corporation ("Parent"), IKS Next Horizon, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and solely for certain limited purposes as specified therein, Inventurus Knowledge Solutions Limited, an Indian public limited company ("TopCo"). Pursuant to the Merger Agreement, and upon the terms and subject to the conditions thereof, Merger Sub will be merged with and into the Company, with the Company continuing as the surviving corporation and becoming a wholly owned subsidiary of Parent (the "Merger").
The respective obligations of each party to consummate the Merger are subject to the satisfaction or waiver of certain customary closing conditions, including the expiration or termination of the statutory waiting period (and any extensions thereof) applicable to the consummation of the transactions contemplated by the Merger Agreement under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ( the "HSR Act"), and, if applicable, any contractual waiting periods under any timing agreements in connection therewith. The applicable waiting period under the HSR Act expired on June 22, 2026, at 11:59 p.m. Central Time.
The consummation of the Merger remains subject to other customary closing conditions set forth in the Merger Agreement, including the adoption of the Merger Agreement by the holders of a majority of the outstanding shares of common stock of the Company, par value $0.001 per share, entitled to vote on such matter.