Kaltura confirms receipt of unsolicited proposal from PanoptoFriday, July 29th, 2022
Kaltura Confirms Receipt Of Unsolicited Proposal From Panopto
NEW YORK — Kaltura Inc. (NASDAQ: KLTR) is aware of the public announcement made by Panopto, Inc., a private company owned by K1 Investment Management, LLC, regarding a non-binding, unsolicited proposed business combination transaction in which Panopto would acquire all of the Company’s outstanding common stock at a purchase price of $3.00 per share in cash. Kaltura’s Board of Directors will evaluate the proposal in due course. Kaltura continues to execute on its strategy to power video experiences for learning, collaboration, entertainment, and events for organizations around the world.