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Home Artificial Intelligence

Court Grants Final Order Approving Acquisition of Kneat by Thoma Bravo

August 7, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 8 mins read
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LIMERICK, I ela d, Aug. 06, 2026 (GLOBE NEWSWIRE) — k eat.com, i c. (TSX: KSI) (OTCQX: KSIOF), (“K eat” o the “Compa y”), the global leade i digital validatio a d quality p ocess automatio , today a ou ced that the O ta io Supe io Cou t of Justice (Comme cial List) has issued a fi al o de app ovi g the p eviously a ou ced pla of a a geme t (the “P oposed T a sactio ”) whe eby a affiliate of Thoma B avo, L.P. (“Thoma B avo”) will acqui e all of the outsta di g commo sha es of the Compa y (the “Sha es”), othe tha a y ollove sha es.

Subject to the satisfactio o waive , whe e pe mitted, of the emai i g co ditio s to closi g co tai ed i the a a geme t ag eeme t e te ed i to betwee the Compa y a d the Pu chase dated Ju e 8, 2026, it is a ticipated that the P oposed T a sactio will be completed by the pa ties o o about August 11, 2026.

About K eat

K eat Solutio s p ovides leadi g compa ies i highly egulated i dust ies with u pa alleled efficie cy i validatio a d complia ce th ough its digital validatio platfo m K eat Gx. As a i dust y leade i custome satisfactio , K eat boasts a excelle t eco d fo impleme tatio , powe ed by ou use -f ie dly desig , expe t suppo t, a d o -dema d t ai i g academy. K eat Gx is a i dust y-leadi g digital validatio platfo m that e ables highly egulated compa ies to ma age a y validatio discipli e f om e d-to-e d. K eat Gx is fully ISO 9001 a d ISO 27001 ce tified, fully validated, a d 21 CFR Pa t 11/A ex 11 complia t. Optio al AI capabilities withi K eat Gx accele ate the validatio lifecycle, f om co te t ge e atio to eview a d a alysis, while mai tai i g full GxP complia ce, gove a ce, a d data i teg ity. Multiple i depe de t custome studies have show that K eat Gx educes ma -hou s associated with validatio docume tatio by up to 50%, accele ates eview a d app oval cycles by up to 50%, a d co siste tly suppo ts highe sta da ds of egulato y complia ce. Fo mo e i fo matio visit www.k eat.com.

Cautio a y Note Rega di g Fo wa d-Looki g I fo matio

This p ess elease co tai s “fo wa d-looki g i fo matio ” a d “fo wa d-looki g stateme ts” (collectively, “fo wa d-looki g i fo matio ”) withi the mea i g of applicable secu ities laws. Such fo wa d-looki g i fo matio o stateme ts (“FLS”) a e p ovided fo the pu pose of p ovidi g i fo matio about ma ageme t’s cu e t expectatio s a d pla s elati g to the futu e. Reade s a e cautio ed that elia ce o such i fo matio may ot be app op iate fo othe pu poses. A y such FLS may be ide tified by wo ds such as “p oposed”, “expects”, “a ticipates”, “i te ds”, “may”, “will”, a d simila exp essio s. FLS co tai ed o efe ed to i this p ess elease i cludes, but is ot limited to, stateme ts ega di g the p oposed timi g a d va ious steps co templated i espect of the closi g of the P oposed T a sactio .

FLS a e based o a umbe of facto s a d assumptio s which have bee used to develop such stateme ts a d i fo matio , but which may p ove to be i co ect. Although the Compa y believes that the expectatio s eflected i such FLS a e easo able, u due elia ce should ot be placed o FLS because the Compa y ca give o assu a ce that such expectatio s will p ove to be co ect. Facto s that could cause actual esults to diffe mate ially f om those desc ibed i such FLS i clude, without limitatio , the followi g facto s, ma y of which a e beyo d the Compa y’s co t ol a d the effects of which ca be difficult to p edict: (a) the possibility that the P oposed T a sactio will ot be completed o the te ms a d co ditio s, o o the timi g, cu e tly co templated, a d that it may ot be completed at all, due to a failu e to obtai o satisfy, i a timely ma e o othe wise, a y of the co ditio s of closi g ecessa y to complete the P oposed T a sactio o fo othe easo s; a d (b) the ide tified isk facto s i cluded i the Compa y’s public disclosu e, i cludi g the a ual i fo matio fo m dated Feb ua y 25, 2026, which is available o SEDAR+ at www.seda plus.ca a d o the Compa y’s website at i vesto s.k eat.com. If a y of these isks o u ce tai ties mate ialize, o if the assumptio s u de lyi g the FLS p ove i co ect, actual esults o futu e eve ts might va y mate ially f om those a ticipated i the FLS. Although the Compa y has attempted to ide tify impo ta t isk facto s that could cause actual esults to diffe mate ially f om those co tai ed i FLS, the e may be othe isk facto s ot p ese tly k ow to the Compa y o that the Compa y p ese tly believes a e ot mate ial that could also cause actual esults o futu e eve ts to diffe mate ially f om those exp essed i such FLS. The FLS i this p ess elease eflect the cu e t expectatio s, assumptio s, judgeme ts a d/o beliefs of the Compa y based o i fo matio cu e tly available to the Compa y, a d a e subject to cha ge without otice.

A y FLS speaks o ly as of the date o which it is made a d, except as may be equi ed by applicable secu ities laws, the Compa y disclaims a y i te t o obligatio to update a y FLS, whethe as a esult of ew i fo matio , futu e eve ts o esults o othe wise, except as equi ed u de applicable secu ities laws. The FLS co tai ed i this p ess elease a e exp essly qualified by this cautio a y stateme t. Fo mo e i fo matio o the Compa y, please eview the Compa y’s co ti uous disclosu e fili gs that a e available at www.seda plus.ca.

Fo fu the i fo matio :

Katie KeitaI vesto Relatio s Lead+1 902-706-9074katie.keita@k eat.com

Adam Pollack/Kelly Sulliva Joele F a k, Wilki so B imme Katche +1 212 355-4449K eat-JF@joelef a k.com

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