JC Data Solutions announced that it has set a date for the special meeting of its shareholders to consider and vote on a proposal to approve the transactions contemplated by the previously announced merger agreement, dated May 20, 2021, pursuant to which TerraData.ai will acquire JCDS in an all cash transaction (the “Merger”).
The special meeting will be held at 9:30 a.m., local time, on June 30, 2021 at the 1800 Norwood Dr., Suite 100, Hurst, TX 76054. The board of directors of JCDS set June 9, 2021 as the record date for its special meeting.
The completion of the Merger remains subject to other customary closing conditions, including receipt of approval from JCDS stockholders. The Merger is expected to close in Q3 of 2021.
About JC Data Solutions
JC Data solutions has been a leader in the funds and document distribution industry. Our premier service, Payment Manager, has saved Oil & Gas companies thousands and thousands of dollars – all while improving and streamlining their funds distribution process.