IS&S board unanimously rejects unsolicited $7.25/share bid from Christopher Harborne

INNOVATIVE SOLUTIONS & SUPPORT INC

Unsolicited non-binding proposal from Christopher Harborne to acquire remaining ISSC shares at $7.25/share in cash.
Board unanimously rejected the offer, stating it undervalues IS&S and lacks certainty.
Offer is subject to negotiation, due diligence, execution of definitive agreements, and antitrust clearance.
Company reaffirms confidence in senior management's strategic plan to deliver long-term value.

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