Press Release: Engagement Labs Provides Update
Press Release: Engagement Labs Provides Update
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021 /CNW/ -- Engagement Labs Inc. (TSXV: EL) (the "Company") announced today that due to unanticipated delays, the proposed completion of its previously announced merger proposal with DGTL Holdings Inc., if approved by shareholders, might not be completed before year-end. The proposed merger is subject to a number of conditions including DGTL satisfying or waiving its financing condition, which expired on October 8, 2021 and which DGTL indicates has delayed its ability to close its financing. This delay in DGTL's year-end financial filing has also postponed EL's completion of its valuation and fairness opinion of the merger, which must be included with any documentation submitted to shareholders to consider approval of the transaction. Once these matters are clarified, EL will issue a further news release. Engagement Labs Provides Update
项目实验室提供最新信息
Canada NewsWire
加拿大新闻通讯社
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021
新泽西州新不伦瑞克和多伦多，2021年11月1日
NEW BRUNSWICK, N.J. and TORONTO, Nov. 1, 2021 /CNW/ -- Engagement Labs Inc. (TSXV: EL) (the "Company") announced today that due to unanticipated delays, the proposed completion of its previously announced merger proposal with DGTL Holdings Inc., if approved by shareholders, might not be completed before year-end. The proposed merger is subject to a number of conditions including DGTL satisfying or waiving its financing condition, which expired on October 8, 2021 and which DGTL indicates has delayed its ability to close its financing. This delay in DGTL's year-end financial filing has also postponed EL's completion of its valuation and fairness opinion of the merger, which must be included with any documentation submitted to shareholders to consider approval of the transaction. Once these matters are clarified, EL will issue a further news release.
新泽西州新不伦瑞克和多伦多，2021年11月1日/CNW/--Engagement Labs Inc.(TSXV：EL)(以下简称“公司”)今天宣布，由于意想不到的延迟，其先前宣布的与DGTL控股公司的合并提议如果获得股东批准，可能无法在年底前完成。拟议中的合并受到多个条件的限制，包括DGTL满足或放弃其融资条件，该条件于2021年10月8日到期，DGTL表示，该条件推迟了其结束融资的能力。DGTL年终财务申报的这一延迟也推迟了El完成对合并的估值和公平意见，这些意见必须包括在提交给股东的任何文件中，以考虑批准交易。一旦这些问题得到澄清，El将发布进一步的新闻稿。
About Engagement Labs
关于接洽实验室
Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.
Engagement Labs(多伦多证券交易所股票代码：EL)是一家行业领先的数据和分析公司，为财富500强品牌和公司提供社交情报。
To learn more visit www.engagementlabs.com
欲了解更多信息，请访问www.Engagementlabs.com。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板政策中定义)均不对本新闻稿的充分性或准确性承担责任。
For media inquiries please contact:
媒体查询请联系：
Vanessa Lontoc / Ed Keller, CEO
Vanessa Lontoc/Ed Keller，首席执行官
Engagement Labs
参与实验室
vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com
电子邮件：vanessa.lontoc@Engagementlabs.com/ed.keller@Engagementlabs.com
SOURCE Engagement Labs
来源参与实验室
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