Tag: Investor Relations

17
Mar

Next-Generation Virtual Shareholder Meeting Platform Enhanced through Broadridge and Strategic Partnership with Q4, Inc

NEW YORK, March 17, 2021 — With U.S. corporations and investors preparing for the start of the annual shareholder meeting season, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, in conjunction with Q4 Inc. (Q4), a leading capital markets, investor relations and virtual events solution provider, announce a strategic partnership to deliver the next generation of the Broadridge Virtual Shareholder Meeting (VSM). Combining the technology and expertise of Broadridge’s decade-plus leadership in VSMs with Q4’s latest virtual events capabilities, provides issuers and investors with a stress-free, intuitive and enriched experience.

“VSMs are a critical tool, revolutionizing how companies conduct their annual meetings and speak to shareholders, and Broadridge and Q4 are re-defining and enhancing the VSM experience. This enhanced VSM will drive increased shareholder engagement by providing an experience that has many advantages over a physical meeting,” said Cathy Conlon, Vice President, Broadridge Corporate Issuer Product Strategy & Business Development. “Companies will experience the latest virtual events technology platform, which will benefit their management team holding the event and the shareholders who attend.”

New features of this fully integrated VSM offering include state-of-the-art video and audio collaboration, role-based meeting views, comprehensive meeting management tools and improved Q&A functionality. The platform is aligned with VSM best practices recently outlined by Rutgers University Law School. It provides “one-click” secure shareholder authentication and seamless proxy voting accessed directly from the VSM meeting.

Broadridge pioneered the first commercial VSM platform in 2009 and is the leading provider of VSMs to public companies in North America. In 2020, Broadridge hosted nearly 2,000 VSMs for public company annual meetings and led the industry in how to conduct virtual meetings. This strategic partnership between Broadridge and Q4 builds on the collaborative launch of the Digital Proxy with the goal of increasing retail shareholder participation in corporate governance.

Benefits for Shareholders and Companies

For shareholders, the platform allows for a highly engaging and modern virtual experience, starting with a seamless meeting authentication, a “Zoom-like” meeting experience, integrated Q&A, live voting, speaker profiles and easily accessible meeting materials.

For issuers, the platform provides an integrated console to manage all aspects of the VSM experience, including seamless management of high-quality video and audio streamed from multiple presenters, screen sharing, meeting materials management and voting. Innovative Q&A management has been designed for administrators to review shareholder questions and queue for presenters, while corporate executives and board members benefit from integrated private chat tools for unparalleled collaboration and communication throughout the meeting.

“We are incredibly excited about our strategic partnership with Broadridge and to bring this next generation VSM platform to the market,” said Darrell Heaps, CEO of Q4. “Since the beginning of the pandemic we have been working closely with the experts at Broadridge at extending our new virtual events platform to serve the needs of shareholders and issuers in this new virtual world. We are proud to deliver this platform and set the standard by which all VSMs will be measured against as we lead the market to how much more effective VSMs can be.”

Broadridge and Q4 provide this VSM platform with a dedicated team of capital markets events experts for guided, premium support throughout meeting planning, dry runs, live broadcast and meeting choreography to deliver a flawless experience for companies to help meet meeting requirements.

VSMs generate significantly lower carbon emissions than in-person meetings and create an opportunity for companies to reduce their overall carbon footprint. Broadridge data shows that, compared with in-person events, VSMs can help companies virtually eliminate their AGM-related carbon footprint.

In 2020, Q4 hosted more than 4,000 capital markets virtual events, including earnings events, investor days and investor conferences. Moving forward, Broadridge and Q4 plan to partner on extending Q4’s suite of impactful virtual events solutions to issuers, asset managers and other capital markets participants.

These enhancements are currently only available in the U.S. and will be rolled out to markets outside the U.S. in the future.

About Broadridge Financial Solutions
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $4.5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. In addition, Broadridge’s technology and operations platforms underpin the daily trading of on average more than U.S. $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is a part of the S&P 500® Index, employing over 12,000 associates in 17 countries. For more information about us and what we can do for you, please visit www.broadridge.com

For more information about Broadridge’s virtual shareholder meeting solution:

15
Apr

Q4 Inc. Secures $25 Million From CIBC Innovation Banking to Support Ongoing Growth

TORONTO – CIBC Innovation Banking is pleased to announce a $25 million credit facility for Q4 Inc. (Q4), a Toronto based leading global provider of cloud-based investor relations and capital markets solutions. Q4 will use this latest growth financing to support continued scaling of its team, deepening of its best-in-class technology platform, and the continued pursuit of inorganic growth opportunities.

“Q4 provides an innovative and modern platform of tools that truly enables investor relations professionals”

Q4 is the industry’s only full-suite provider of investor relations solutions, delivering products to serve needs across websites, virtual events, corporate access, data & analytics, CRM and capital markets intelligence. Q4 is used by 2,200 clients across Canada, the United States, the United Kingdom and Europe.

“We are excited to work with the team at CIBC Innovation Banking and appreciate its support as we execute on our mission of helping IR teams deliver strategic impact to their companies,” said Darrell Heaps, CEO of Q4. “The strategic importance of investor relations is made ever more apparent during challenging times. We are proud to have the backing of CIBC Innovation Banking and our other investors as we do everything in our power to help IR teams successfully navigate through to market recovery.”

Q4 completed a $35 million USD growth equity raise in 2018, and since then has achieved significant organic and inorganic growth, including notable strategic transactions with Business Wire and S&P Global Market Intelligence.

“Q4 provides an innovative and modern platform of tools that truly enables investor relations professionals,” said Mark Usher, Managing Director and North American Team Lead, CIBC Innovation Banking. “They have built a durable and growing company and we are very excited to work with their team.”

Q4 is backed by leading investment firms Napier Park Financial Partners, First Ascent Ventures, and Information Venture Partners, along with other notable venture capital and angel investors.

About CIBC Innovation Banking

CIBC Innovation Banking delivers strategic advice, funding and cash management to North American innovation companies at each stage of their business cycle, from start-up to IPO and beyond. With offices in Atlanta, Austin, Chicago, Denver, Menlo Park, Montreal, Reston, Toronto and Vancouver, the team has extensive experience and a strong, collaborative approach that extends across CIBC’s commercial banking and capital markets businesses in the U.S. and Canada.

07
Jan

S&P Global Market Intelligence Enters into Strategic Alliance to Transition IR Webhosting Business to Q4 Inc.

New York/Toronto, January 7, 2019 – S&P Global Market Intelligence (S&P), a division of S&P Global (NYSE: SPGI) and provider of data, essential insights, and powerful analytics, and Q4 Inc. (Q4), a leading global provider of cloud-based investor relations solutions, announced today a strategic alliance to transition S&P Global Market Intelligence’s Investor Relations (IR) webhosting business to Q4. 

The strategic alliance allows both parties to concentrate on their core competencies, ensuring existing and future clients have access to industry-leading IR tools, data and services. 

“Since the founding of Q4, we’ve been committed to innovation and delivering the highest level of customer experience through our products, data and partnerships. This new strategic alliance helps to strengthen this commitment and allows us to more deeply serve our clients across a broader set of industries, including financial services, banking and REITs,” said Darrell Heaps, CEO of Q4. “Over the last few months, we have worked hard to understand the needs of S&P’s IR webhosting clients and we look forward to welcoming them to Q4 and our innovative IR success model.” 

“We are excited to work with Q4, which has demonstrated a proven track record of providing industry-leading investor relations solutions, technology and analytics to public companies across multiple sectors,” said Greg Gartland, Chief Product Officer, S&P Global Market Intelligence. “This strategic alliance with Q4 will not only better serve our clients webhosting requirements, but also will allow S&P to enhance and add to the strategic workflow solutions we offer to investor relations officers and their staffs.” 

This alliance will also integrate S&P’s proprietary data into Q4’s portfolio of solutions, enabling further opportunities for commercial collaboration. In connection with transitioning its IR webhosting business to Q4, S&P has also made a minority investment in Q4. Additional terms of the agreement were not disclosed.

 

AI STARTUP RUBIKLOUD TO BE ACQUIRED BY OTTAWA-BASED KINAXIS FOR $81.4 MILLION CAD

OTTAWA, ON, June 15, 2020 – Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, has signed a definitive agreement to acquire Toronto-based Rubikloud, a disruptive, emerging provider of AI solutions that automate supply chain prescriptive analytics and decision-making in the retail and consumer packaged goods (CPG) industries.

Globally-recognized retailers and CPG manufacturers in the health and beauty, household and grocery segments use Rubikloud’s AI-based products today. Their offerings include demand forecasting and automation to manage and optimize trade promotions, pricing and assortment to drive product demand and dramatically improve financial results. Kinaxis will enhance RapidResponse’s demand planning capabilities with the Rubikloud offerings, anticipating initial opportunities in the company’s rapidly-growing CPG customer base and over time for other industries such as life sciences. The acquisition also offers Kinaxis a springboard into the enterprise retail industry.

“Rubikloud has capabilities and value that we can offer our CPG customers today, leads us into the retail industry with some bellwether accounts, and adds a group of approximately 80 people to an already-impressive AI and machine learning (ML) team here at Kinaxis. Over time, this enhanced group will contribute to new and existing AI-powered capabilities across the full Kinaxis RapidResponse® platform and applications,” said John Sicard, President and CEO of Kinaxis. “This acquisition reflects the growing importance of AI and ML to power intelligent automation and augment human decision-making to better deliver on customer promises, remove waste and increase resiliency for effective risk management.”

Rubikloud’s SaaS-based ML offerings empower retail and CPG manufacturers to transform their core operations by improving and automating complex, profit-generating decisions. Rubikloud’s proven AI capabilities and intuitive tools enable users to leverage disparate data sources to improve forecast accuracy, site-level allocations, inventory availability and promotion plans by allowing users to run boundless simulations in real time.

“We founded Rubikloud with the belief that purpose-built AI could be used to solve some of the most complex industry problems and we have spent the last seven years building a fantastic product that receives validation from global customers every day,” said Kerry Liu, CEO, Rubikloud. “We’re excited at the prospect of joining Kinaxis, which helps us bring our innovations to a much broader customer base at a faster pace than on our own. Not only that, being two strong Canadian companies we see great cultural synergy and look forward to working on the complex problems we know RapidResponse and concurrent planning can solve for customers.”

Terms of Agreement
Kinaxis will acquire Rubikloud for US$60 million in an all-cash transaction that is expected to close within 60 days. Based on Rubikloud’s current revenue and expense profile, the company’s fiscal 2020 revenue and Adjusted EBITDA guidance, as reiterated in its May 6, 2020 news release, remains unchanged. The transaction is subject to customary closing conditions.

About Kinaxis Inc. 
Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, follow us on LinkedIn or Twitter.