Shareholders in SailPoint Technologies Holdings (SailPoint), a specialist in enterprise identity security, have voted to approve the company’s pending acquisition by software investment firm Thoma Bravo.
The final voting results on the proposals voted on at the special meeting will be set forth in a Form 8-K filed by SailPoint with the US Securities and Exchange Commission, after certification by SailPoint’s inspector of elections.
As previously announced, under the terms of the merger agreement, SailPoint stockholders will receive $65.25 in cash per share of SailPoint common stock they own. The transaction is currently expected to close in the second half of 2022, subject to customary closing conditions, including the receipt of regulatory approvals. Upon completion of the transaction, SailPoint’s shares will no longer trade on the NYSE, and SailPoint will become a private company.
