InnerWorkings Stockholders Approve Merger With HH Global
September 25 2020 - 9:00AM
Business Wire
InnerWorkings, Inc. (NASDAQ: INWK) (“InnerWorkings” or the
“Company”) today announced that, at a special meeting of
stockholders held on September 24, 2020, InnerWorkings’
stockholders approved the adoption of the previously announced
merger agreement relating to the proposed transaction between
InnerWorkings and HH Global Group Limited (“HH Global”), whereby
InnerWorkings will become a wholly owned subsidiary of HH
Global.
After certification by the Company’s inspector of elections, the
final voting results for the Company’s special meeting will be
filed with the U.S. Securities and Exchange Commission (the “SEC”)
in a Form 8-K, which will also be available at
https://investors.inwk.com.
The merger is expected to close on October 1, 2020, subject to
the satisfaction of the remaining customary closing conditions.
About InnerWorkings
InnerWorkings, Inc. engineers marketing for leading brands
across a wide range of industries. We dive deep into clients’ brand
strategies to deliver solutions that leverage our global expertise,
certified supplier base, proven methods, and proprietary
technology. By engineering marketing across key touch points in the
customer journey, we power campaigns that drive value, enhance
awareness and inspire action. With services that include creative,
print, direct mail, branded merchandise, luxury packaging, retail
environments, and digital solutions, we’re elevating beyond
execution to shape brand experience. For more information visit:
www.inwk.com.
About HH Global
Founded in 1991, HH Global is a global outsourced marketing
execution provider. Applying proven processes, industry-leading
technology, and the deep expertise of over 1,300+ employees, we
develop innovative solutions that drive down the cost of our
clients’ physical marketing procurement and content development,
while improving quality, sustainability, and speed to market. For
more information visit: www.hhglobal.com.
Forward-Looking
Statements
This release contains “forward-looking statements” that are
based on beliefs, assumptions, and expectations of future events,
taking into account the information currently available to the
Company. All statements other than statements of current or
historical fact contained in this report are forward-looking
statements. The words “believe,” “may,” “should,” “anticipate,”
“estimate,” “expect,” “intend,” “will,” “seek,” “plan,” and similar
statements are intended to identify forward-looking statements.
Forward-looking statements involve risks and uncertainties that may
cause actual outcomes to differ materially from expectations of
future outcomes the Company expresses or implies in any
forward-looking statements. These risks and uncertainties include,
but are not limited to: the satisfaction of the conditions
precedent to the consummation of the proposed merger, including,
without limitation, the receipt of regulatory approvals;
unanticipated difficulties or expenditures relating to the proposed
merger; legal proceedings, judgments or settlements, including
those that may be instituted against the Company, the Company’s
board of directors, officers and others following the announcement
of the proposed merger; disruptions of current plans and operations
caused by the announcement and pendency of the proposed merger;
potential difficulties in employee retention due to the
announcement and pendency of the proposed merger; the response of
customers, suppliers, business partners and regulators to the
announcement of the proposed merger; and other risks, relevant
factors, and uncertainties identified in the Company’s filings with
the SEC (including the information set forth in the “Risk Factors”
section of the Company’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2019, its Quarterly Report on Form 10-Q for
the quarter ended March 31, 2020, its Quarterly Report on Form 10-Q
for the quarter ended June 30, 2020 and in subsequent filings),
which filings are available at the SEC’s website at www.sec.gov.
Given the risks and uncertainties surrounding forward-looking
statements, you should not place undue reliance on these
statements. The Company’s forward-looking statements speak only as
of the date of this document. Other than as required by law, the
Company undertakes no obligation to update or revise
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20200925005087/en/
InnerWorkings, Inc. Bridget Freas 312.589.5613
bfreas@inwk.com
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