Business
TaskUs, Inc. Announces Additional Adjournment of Special Meeting of Stockholders Regarding Proposed Take-Private Transaction
NEW BRAUNFELS, Texas--(BUSINESS WIRE)-- TaskUs, Inc. (Nasdaq: TASK) (“TaskUs” or the “Company”), a leading provider of outsourced digital services and
About this update from Taskus, Inc.
[{"type":"text","content":" NEW BRAUNFELS, Texas--(BUSINESS WIRE)--\nTaskUs, Inc. (Nasdaq: TASK) (“TaskUs” or the “Company”), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced that its special meeting of stockholders, which was previously adjourned on September 10, 2025, has been adjourned again to October 8, 2025, at 7:30 a.m. Central Time, to solicit additional proxies in favor of the Company’s acquisition by an affiliate of Blackstone, TaskUs Co-Founder and Chief Executive Officer Bryce Maddock and TaskUs Co-Founder and President Jaspar Weir (collectively, the “Buyer Group”).\n\n\nThe approval of the merger agreement requires, among other things, the affirmative vote of a majority of votes cast by stockholders excluding the Buyer Group (the “Unaffiliated Stockholder Vote”). Based on a preliminary assessment of votes received by the Company’s proxy solicitor, the Unaffiliated Stockholder Vote had not been obtained as of September 24, 2025. Accordingly, the special meeting is being adjourned to provide additional time to solicit proxies from TaskUs stockholders to obtain the Unaffiliated Stockholder Vote.\n\n\nSince the announcement of the transaction, the Special Committee of the TaskUs Board of Directors and the Buyer Group have engaged in discussions with several stockholders concerning the proposed transaction. In light of AI’s impact on the Company’s business and its future prospects, the Special Committee continues to believe that the proposed transaction is in the best interest of TaskUs stockholders.\n\n\nThe special meeting was adjourned to October 8, 2025, at 7:30 a.m. Central Time, and will be held virtually. The record date for the adjourned special meeting remains August 6, 2025. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked. Stockholders who have not already voted or wish to change their votes are encouraged to do so promptly using the instructions provided in their voting instruction form or proxy card.\n\n\nAs previously announced on May 9, 2025, the Company and the Buyer Group entered into a definitive agreement under which the Buyer Group will acquire 100% of the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction.\n\n\nThe Company ...