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Tuesday, November 12, 2024

Equity Corporate Actions Alert #2024 - 547
(UPDATED: Merger closed) Information Regarding the Merger of Thoughtworks Holding, Inc. (TWKS)

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  • Industry Announcement

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The merger of Thoughtworks Holding, Inc. (TWKS) with Tasmania Midco, LLC, and Tasmania Merger Sub, Inc. was approved by way of written consent and closed prior to the market open on November 13, 2024. In anticipation of the closing, the stock was halted immediately following the after-hours session at or around 7:50 p.m. on November 12, 2024. The stock will remain halted on the day of closing (November 13th) and will be suspended effective November 14, 2024. The details are as follows:

Company Name/Issue: Thoughtworks Holding, Inc. Common Stock
CUSIP#: 88546E105
Symbol: TWKS
Last Trading Date: November 12, 2024
Marketplace Effective Date for Suspension: November 14, 2024
Merger Consideration: $4.40 for each share held.

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