Recent Updates — SANG

Sangoma Technologies Corporation entered into a definitive arrangement agreement with BRC Group Holdings, Inc. on September 28, 2026, pursuant to which its wholly owned subsidiary will acquire all outstanding common shares of Sangoma. Shareholders will receive US$4.925 per share in cash and 0.04767 shares of BRC common stock for each Sangoma share held. The transaction was unanimously recommended by the Board following a recommendation from a special committee of independent directors. Directors and officers holding approximately 27% of outstanding shares have entered into voting support agreements to vote in favor of the deal. Completion is subject to shareholder approval, regulatory clearances including Hart-Scott-Rodino and FCC approvals, and court confirmation, with an expected closing date on or before January 22, 2027. Sangoma Technologies Corporation operates in the telecommunications industry, providing unified communications and contact center solutions.

On September 28, 2026, Sangoma Technologies entered a definitive agreement to be acquired by BRC Group Holdings in an all-share and cash transaction valued at approximately $204 million enterprise value. Shareholders will receive US$4.925 in cash and 0.04767 shares of BRC common stock per Sangoma share, representing a premium of roughly 47% to the closing price. The deal is expected to close by early 2027, subject to shareholder and regulatory approvals. Sangoma Technologies operates in the business communications industry, providing unified cloud, hybrid, and on-premises UCaaS, CCaaS, and CPaaS solutions.