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TORONTO, April 11, 2017 /CNW/ - INFOR Acquisition Corp. (TSX: IAC.A, IAC.WT) ("INFOR Acquisition" or the "Company") announces that its Class A Restricted Voting Shares will be automatically redeemed at the close of business on or about May 4, 2017 ("Redemption Date"). The redemption amount per share, as provided under the Articles, will be $10.04 per share. Payment of such amounts will be made effective on the Redemption Date and will constitute the Company's final payment in respect of the liquidation of the escrow account that holds the proceeds of the Company's initial public offering. There will be no distributions with respect to the Company's warrants, which will expire at 5:00 p.m. (Toronto time) on or about May 4, 2017. The Company's securities will be delisted from the Toronto Stock Exchange on or about the Redemption Date.
About INFOR Acquisition Corp.
INFOR Acquisition Corp. is a special purpose acquisition corporation incorporated under the laws of the Province of Ontario for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or engaging in any other similar business combination with one or more businesses or assets.
Visit INFOR Acquisition Corp. at www.inforacquisitioncorp.com
SOURCE INFOR Acquisition Corp.
For further information: Neil M. Selfe, Chief Executive Officer and Director, INFOR Acquisition Corp., (416) 646-2610