UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATIONShare Purchase Agreement • April 17th, 2018 • Datawatch Corp • Services-prepackaged software
On January 30, 2018, Datawatch Corporation (the “Company” or “Datawatch”), through its wholly-owned Canadian subsidiary, 2617421 ONTARIO INC. (the “Datawatch Subsidiary”), entered into a Share Purchase Agreement (the “Purchase Agreement”) for the purchase of all the outstanding capital stock of Angoss Software Corporation, a corporation then existing under the laws of Ontario, Canada (“Angoss”), from the shareholders of Angoss (the “Angoss Shareholders”) in exchange for $27.7 million in cash (after adjusting the purchase price for estimated net indebtedness of Angoss as of the closing), subject to future working capital and net indebtedness adjustments (the “Acquisition”).
