CHICAGO, May 18, 2018 /PRNewswire/ -- Cision (NYSE:
CISN) announced today the completion and settlement of its
previously announced exchange offer (the "Exchange Offer") and
consent solicitation (the "Consent Solicitation") relating to
certain of its outstanding warrants. On May
18, 2018, Cision accepted all warrants validly tendered in
the Exchange Offer and issued ordinary shares in exchange. As a
result of the consents received in the Consent Solicitation, Cision
also executed an amendment (the "Warrant Amendment") to the
agreement governing its outstanding warrants (the "Warrant
Agreement"). Cision also announced today that it will exchange all
remaining untendered warrants on June 4,
2018 in accordance with the terms of the Warrant
Agreement.
This press release shall not constitute an offer to sell, or a
solicitation of an offer to buy, the securities described herein
and is also not a solicitation of the related consents. The
exchange offer was made only pursuant to the terms and conditions
of the Prospectus/Offer to Exchange and related letter of
transmittal.
Forward-looking statements
This press release contains "forward-looking statements," as
defined by federal securities laws. Forward-looking statements
reflect Cision's current expectations and projections about future
events at the time, and thus involve uncertainty and risk. The
words "believe," "expect," "anticipate," "will," "could," "would,"
"should," "may," "plan," "estimate," "intend," "predict,"
"potential," "continue," and the negatives of these words and other
similar expressions generally identify forward-looking statements.
Such forward-looking statements are subject to various risks and
uncertainties, including those described under the section entitled
"Risk Factors" in Cision's Registration Statement on Form S-4/A,
filed on May 9, 2018, as such factors
may be updated from time to time in Cision's periodic filings with
the SEC, which are accessible on the SEC's website at www.sec.gov.
Accordingly, there are or will be important factors that could
cause actual outcomes or results to differ materially from those
indicated in these statements. These factors should not be
construed as exhaustive and should be read in conjunction with the
other cautionary statements that are included in this release and
in Cision's filings with the SEC. While forward-looking statements
reflect Cision's good faith beliefs, they are not guarantees of
future performance. Cision disclaims any obligation to publicly
update or revise any forward-looking statement to reflect changes
in underlying assumptions or factors, new information, data or
methods, future events or other changes after the date of this
press release, except as required by applicable law. You should not
place undue reliance on any forward-looking statements, which are
based only on information currently available to Cision (or to
third parties making the forward-looking statements).
Investor Contact:
Jack
Pearlstein
Chief Financial Officer
Jack.Pearlstein@cision.com
Media Contact:
Nick
Bell
Vice President, Marketing Communications and Content
CisionPR@cision.com
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SOURCE Cision