• Blackline Safety is seeking shareholder clearance for a take-private deal with Francisco Partners via Apollo Purchaser, Inc., offering cash consideration of CAD 9 per share for most shares.
• The offer also includes one contingent value right per share, with a potential additional cash payment of up to CAD 0.5 tied to an annualized recurring revenue target in fiscal 2027.
• DAK Capital, Praesidio 11, Brad Gilewich and affiliates, and certain shares held by CEO Cody Slater will roll their holdings into securities of the buyer or an affiliate, rather than take cash.
• A special meeting to vote on the transaction is scheduled for June 15, 2026, with April 27, 2026 set as the record date.
• The deal includes a CAD 30.6 million break fee payable by Blackline in limited circumstances, with a CAD 56.3 million reverse break fee payable by the buyer in certain cases.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackline Safety Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605191732BIZWIRE_USPR_____20260519_BW437159) on May 19, 2026, and is solely responsible for the information contained therein.