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TaskUs, Inc. (NASDAQ:TASK) ("TaskUs" or the "Company"), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today convened and, following a vote in favor of the proposal to adjourn the special meeting, then adjourned its special meeting of stockholders to solicit additional proxies in favor of the Company's acquisition by an affiliate of Blackstone, TaskUs Co-Founder and Chief Executive Officer Bryce Maddock and TaskUs Co-Founder and President Jaspar Weir (collectively, the "Buyer Group").
Since the announcement of the transaction, the Special Committee of the TaskUs Board of Directors and the Buyer Group have engaged in discussions with several stockholders concerning the proposed transaction. In light of AI's impact on the Company's business and its future prospects, the Special Committee continues to believe that the proposed transaction is in the best interest of TaskUs stockholders.
The approval of the merger agreement requires, among other things, the affirmative vote of a majority of votes cast by stockholders excluding the Buyer Group (the "Unaffiliated Stockholder Vote"). Based on a preliminary assessment of votes received by the Company's proxy solicitor, the Unaffiliated Stockholder Vote had not been obtained as of September 10, 2025. Accordingly, the special meeting is being adjourned to provide additional time to solicit proxies from TaskUs stockholders to obtain the Unaffiliated Stockholder Vote.
The special meeting was adjourned to September 24, 2025, at 7:30 a.m. Central Time, and will be held virtually. The record date for the adjourned special meeting remains August 6, 2025. Proxies previously submitted will be voted at the reconvened meeting unless properly revoked. Stockholders who have not already voted or wish to change their votes are encouraged to do so promptly using the instructions provided in their voting instruction form or proxy card.
Posted In: TASK
