Trilogy International Partners Inc.: M&A transaction — Trilogy International completes going-private by SG Enterprises II for $0.07/share; delisting expected

Trilogy International Partners Inc.

SG Enterprises II acquired 71,719,030 common shares not already owned for aggregate cash of $5,020,332.
Shareholders received US$0.07 per share (no interest, less withholding taxes).
All directors except John W. Stanton resigned upon completion; company now wholly owned by Purchaser.
Common shares expected to be delisted from TSXV on or about April 1, 2024; SEC reporting to be terminated.
Transaction approved by Supreme Court of British Columbia on March 27, 2024.

item 2.01 item 3.03 item 5.01 item 5.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Trilogy International Partners Inc. underwent a change of control involving SG Enterprises II, LLC for $0.07 in cash (closed 2024-03-28).

Action: change of control
Counterparty: SG Enterprises II, LLC
Consideration: $0.07 in cash
Closing: 2024-03-28

Exact text from the filing

par value (the “Common Shares”), issued and outstanding immediately prior to the Effective Time, other than certain excluded shares, was converted into the right to receive $0.07 in cash, without interest and less any applicable withholding taxes. The Purchaser acquired 71,719,030 Common Shares for an aggregate price of $5,020,332. The funds used to

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Source: SEC EDGAR

accession 0001140361-24-015995

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