Wednesday, May 11, 2022

Equity Corporate Actions Alert #2022 - 94
(UPDATED: Acquisition Completed) Information Regarding the Acquisition of Bottomline Technologies, Inc. (EPAY)

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  • Industry Announcement

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At a special meeting held on March 8, 2022, shareholders of Bottomline Technologies, Inc. (EPAY) approved the acquisition of the company by Thoma Bravo Fund XV, L.P. The acquisition closed prior to the market open on May 13, 2022. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on May 12, 2022. The stock will remain halted on the day of closing (May 13th) and will be suspended effective May 16, 2022. The details are as follows:

Company Name/Issue: Bottomline Technologies, Inc. Common Stock
CUSIP#: 101388106
Symbol: EPAY
Last Trading Date: May 12, 2022
Marketplace Effective Date for Suspension: May 16, 2022
Merger Consideration: $57.00 for each share held.


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