Topicus.com Inc. Announces a Revised Proposal to Acquire ReadyTech

Source · https://www.globenewswire.com/news-release/2026/06/01/3303973/0/en/Topicus-com-Inc-Announces-a-Revised-Proposal-to-Acquire-ReadyTech.html

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1
Topicus.com Inc. has submitted a revised proposal to acquire ReadyTech Holdings Limited via a scheme of arrangement for $2.00 per share in cash. — A cash acquisition proposal at a specific price typically creates a strong floor for the target company's stock price.
+0.80
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The revised proposal includes an alternative off-market takeover bid at a lower cash consideration of $1.75 per share with a 50.1% minimum acceptance condition. — This provides a secondary path to acquisition but at a lower valuation than the primary scheme proposal.
+0.40
3
The revised offer is non-binding and responds to feedback from the ReadyTech Board regarding preferred structure and price. — Indicates active negotiations and a willingness by the acquirer to increase terms, though the deal is not yet finalized.
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