m_and_a
confidence high
sentiment neutral
materiality 0.75
Olo stockholders approve merger with Parent, taking company private
Olo Inc.
- Merger Proposal passed with 550,001,081 for, 6,905,566 against; Class B Vote unanimous (473,014,000 for).
- Advisory Compensation Proposal also approved (549,698,818 for, 6,874,021 against).
- All three voting thresholds (Majority, Class B, Charter Article VIII) satisfied.
- Merger will combine Olo with Merger Sub; Olo survives as wholly owned subsidiary of Parent.
item 5.07