Symbolic Logic Inc EVOL:OTC Pink - Current Information

Last Price$1.43NASDAQ Last Trade (15-minute delayed) as of 9:45AM ET 8/11/22
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Today's Change0.00(0.00%)
Bid (Size)$1.41 (300)
Ask (Size)$1.42 (100)
Day Low / High$1.43 - 1.44

Evolving Systems Says Go-Shop Period for Asset Sale to PartnerOne Has Expired

10:43AM ET 11/17/2021 MT Newswires
Evolving Systems (EVOL) said Wednesday that the go-shop period in connection with the pending sale of its operating subsidiaries and other businesses to PartnerOne Capital has expired.

In October, the company agreed to sell all the assets of its Customer Acquisition and Network Services division and its CVML and Loyalty business to PartnerOne for a base price of $40 million.

No superior proposal was received during the go-shop period, the supplier of technology solutions to communications service providers said in a statement.

The deal is expected to close in 2021, subject to shareholder approval and other customary closing conditions.

Evolving Systems shares were 2.1% lower in morning trading.

Price: 2.53, Change: -0.05, Percent Change: -2.12