TruBridge (NASDAQ:TBRG) stockholders approved the company's projected merger statement nether which TruBridge volition go a subsidiary of Inventurus Knowledge Solutions Inc., oregon IKS, during a virtual peculiar gathering held July 7, 2026.
Glenn Tobin, TruBridge's Chairman of the Board, opened the gathering astatine 8:02 a.m. Central Time and described the ballot arsenic "an important milestone successful the history" of the company. The peculiar gathering was called for stockholders to see and ballot connected 2 proposals tied to the statement and program of merger with IKS.
Stockholders Approve Merger Proposal
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The superior connection was the adoption of the statement and program of merger, nether which TruBridge would go a wholly owned subsidiary of IKS. Tobin said the connection was much afloat described successful the company's proxy connection dated June 4, 2026, and noted that TruBridge's committee recommended stockholders ballot successful favour of the merger proposal.
Under Delaware law, support required the affirmative ballot of holders of a bulk of TruBridge's outstanding shares of communal banal entitled to ballot connected the proposal. Anthony Carideo of The Carideo Group, serving arsenic autarkic inspector of predetermination aft being appointed by Broadridge Financial Solutions, reported that the merger connection received the required bulk vote.
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Following the report, Tobin declared that stockholders had approved the merger proposal.
Advisory Compensation Proposal Also Passes
Stockholders besides approved, connected an advisory basis, definite compensation that whitethorn beryllium paid oregon go payable to TruBridge's named enforcement officers successful transportation with the merger. Tobin said the compensation connection was required by rules adopted by the Securities and Exchange Commission and was described successful the proxy statement.
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The advisory ballot is not binding connected TruBridge oregon IKS. Tobin stated that the merger-related compensation would beryllium payable to TruBridge's named enforcement officers according to the applicable compensation agreements and arrangements, careless of the result of the advisory vote.
Carideo reported that the compensation connection received the affirmative ballot of a bulk of the votes formed astatine the meeting, satisfying the required support standard. Tobin past declared that stockholders had approved the connection connected an advisory basis.
Meeting Procedures and Quorum
Carideo said stockholders of grounds arsenic of the adjacent of concern connected June 3, 2026, were entitled to announcement of and to ballot astatine the peculiar meeting. He said helium had an affidavit of organisation from Broadridge Financial Solutions confirming that announcement of the gathering had been duly fixed and that the proxy connection had been decently mailed to eligible stockholders.

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