October 24, 2024 — Shareholders Special Meeting

OneSoft Solutions Inc. held a special meeting of shareholders on October 24, 2024, to consider and vote on the proposed arrangement agreement with Irth Solutions LLC, a wholly-owned subsidiary of Irth Acquisition Corp. and a portfolio company of Blackstone Inc.

Purpose of the Meeting

The primary purpose of the special meeting was to seek shareholder approval for the plan of arrangement pursuant to which Irth Solutions LLC would acquire all of the issued and outstanding common shares of OneSoft Solutions. The arrangement required approval by at least two-thirds of the votes cast by shareholders present in person or represented by proxy at the meeting.

Background

OneSoft Solutions had previously announced that it had entered into a definitive arrangement agreement with Irth Solutions LLC. The company received an interim order from the Court of Queen's Bench of Alberta approving the calling of the special meeting and distributed an information circular to shareholders detailing the terms of the arrangement.

Outcome

The arrangement was approved by shareholders at the special meeting. Following the receipt of final court approval and the satisfaction of all closing conditions, the acquisition was completed in November 2024. OneSoft's shares were subsequently delisted from the TSX Venture Exchange.