Dayforce Stockholders Approve Acquisition by Thoma Bravo

Executive Summary

• Dayforce’s stockholders approved the proposed acquisition by Thoma Bravo at a special meeting, with approximately 88.4% of votes cast (78.8% of voting power) in favor.
• Under the merger agreement, each Dayforce share will be purchased for US$70.00 in cash.
• The transaction remains subject to customary closing conditions and is expected to close in late 2025 or early 2026.

Key Details

• Vote Results: 88.4% of votes cast (78.8% of voting power) supported the acquisition.
• Purchase Price: US$70.00 per Dayforce common share, payable in cash at closing.
• Closing Timeline: Anticipated for late 2025 or early 2026, subject to customary conditions and regulatory approvals.
• Form 8‑K Filing: Final voting results will be disclosed in Dayforce’s Form 8‑K with the SEC.
• CEO Quote: “This is an important milestone in our transaction with Thoma Bravo… Our partnership … will enable Dayforce to accelerate our business, deepen customer impact, and continue to drive innovation.” – David Ossip, Chair & CEO.

Notable Quotes

“This is an important milestone in our transaction with Thoma Bravo, and we thank our stockholders for their support,” — David Ossip, Chair and CEO, Dayforce.