EXFO

EXFO is a provider of test and monitoring solutions for network service providers and equipment manufacturers in the global telecommunications industry. The Telecom Division offers a wide range of innovative solutions extending across the full technology lifecycle — from design to technology deployment and onto service assurance — and covering all layers on a network infrastructure to enable triple-play services and next-generation, converged IP networking. The Life Sciences and Industrial Division offers solutions in medical device and opto-electronics assembly, fluorescence microscopy and other life science sectors.

QUEBEC CITY , Aug. 27, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF) is pleased to announce that the transaction contemplated by the previously announced statutory plan of arrangement under the provisions of the Canada Business Corporations Act involving the Corporation and 11172239 Canada Inc., a corporation controlled by Germain Lamonde (the "Purchaser"), was completed earlier today (the "Arrangement"). Pursuant to the Arrangement, the Purchaser acquired all the issued and outstanding subordinate voting shares of EXFO, other than the subordinate voting shares held by the Purchaser, for US $6.25 per subordinate voting share in cash.

EXFO Completes Going-Private Transaction and Begins Delisting of Shares from TSX and NASDAQ

QUEBEC CITY, Aug. 20, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF) is pleased to announce that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement with 11172239 Canada Inc. (the "Arrangement"). At the special meeting of EXFO's shareholders held on August 13, 2021, the special resolution approving the arrangement resolution was approved by 99.65% of the votes cast by shareholders, voting together as a single class, as well as 90.95% of the votes cast by holders of subordinate voting shares, excluding votes attached to the subordinate voting shares held, directly or indirectly, by Germain Lamonde and Philippe Morin.

EXFO Announces Receipt of Final Court Approval

QUEBEC CITY, Aug. 13, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF), is pleased to announce that, at the special meeting of its shareholders (the "Shareholders") held today (the "Meeting"), a significant majority of shareholders voted in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act pursuant to which 11172239 Canada Inc. will acquire all the issued and outstanding subordinate voting shares of EXFO, other than the subordinate voting shares held by Germain Lamonde, G. Lamonde Investissements Inc., 9356-8988 Québec Inc., and Philippe Morin (the "Excluded Shares") for US $6.25 per subordinate voting share in cash (the "Arrangement").

EXFO's Shareholders Overwhelmingly Approve the Arrangement

QUEBEC CITY, Aug. 12, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF), announces today that the Corporation has filed an amendment to its previously filed Rule 13e-3 transaction statement on Schedule 13E-3 (the "Schedule 13E-3") originally filed with the U.S. Securities and Exchange Commission ("SEC") on July 16, 2021. The amendment to the Schedule 13E-3 is available on EXFO's profile on EDGAR at www.sec.gov.

EXFO Inc. Files Amended Schedule 13E-3

QUEBEC CITY , Aug. 9, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF), announces that 11172239 Canada Inc. (the "Purchaser") has agreed to increase the purchase price for the acquisition of all the issued and outstanding subordinate voting shares of EXFO, from US $6.00 to US $6.25 per subordinate voting share not held directly or indirectly by Germain Lamonde and Philippe Morin. The parties have also amended the arrangement agreement dated June 7, 2021, as amended on July 6, 2021 and July 12, 2021 accordingly.

EXFO Inc. Announces Increase in Purchase Price to $US6.25 for Going-Private Transaction and Entering into Support and Voting Agreements with Large Minority Shareholders

Viavi Solutions

- Leading proxy advisor Glass Lewis recommends EXFO minority shareholders vote AGAINST   Mr. Lamonde's going private transaction, in the face of VIAVI's US$8.00 per share binding superior proposal - Glass Lewis highly critical of Mr.

Glass Lewis Recommends EXFO Shareholders Vote AGAINST Germain Lamonde's Going-Private Transaction

QUEBEC CITY , Aug. 3, 2021 /PRNewswire/ - EXFO Inc. ("EXFO" or the "Corporation") (NASDAQ: EXFO) (TSX: EXF), is pleased to announce that Institutional Shareholder Services Inc. (ISS), a leading third party proxy advisory firm, which, among other services, provides voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders has recommended that EXFO shareholders vote in favour of the going private transaction proposed by 11172239 Canada Inc, (the "Purchaser"), a corporation controlled by Mr. Germain Lamonde.

EXFO Inc. Receives Positive Recommendation from leading Third Party Proxy Advisory Firm, Institutional Shareholder Services Inc.

- Shareholders are encouraged to REJECT Mr. Lamonde's inferior US$6.00 per share going private transaction at the EXFO Special Meeting of Shareholders on Friday, August 13, 2021 - Shareholders may also exercise dissent rights and demand to be paid the fair value of their shares - In addition, shareholders may contest the fairness of Mr.

VIAVI Thanks EXFO Minority Shareholders for Strong Support; Outlines Options Available to EXFO Minority Shareholders to Receive Fair Value

SCOTTSDALE, Ariz., July 26, 2021 /PRNewswire/ -- Viavi Solutions Inc. ("VIAVI") (NASDAQ: VIAV) is once again extremely disappointed that Germain Lamonde, EXFO Inc.'s (TSX: EXF) (NASDAQ: EXFO) ("EXFO") Chairman and majority shareholder, and the EXFO Special Committee have rejected our increased binding proposal (the "Binding Proposal") to acquire EXFO for US$8.00 in cash per share.

VIAVI Urges EXFO Special Committee to Uphold Their Fiduciary Duty to Maximize Value for All Shareholders

QUEBEC CITY, July 22, 2021 /PRNewswire/ - The Board of Directors of EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) ("EXFO" or the "Corporation") wishes, after careful consideration with the assistance of its independent legal advisors and acting on the unanimous recommendation of the special committee of the Board of Directors comprised entirely of independent directors (the "Special Committee"), to clarify the situation for shareholders and other stakeholders about the unsolicited non-binding proposal (the "Proposal") made by Viavi Solutions Inc. on July 20, 2021. In a going-private transaction announcement on June 7, 2021 and as reiterated  by press releases issued on June 16, 2021, and July 20, 2021,  Mr.

EXFO clarifies the situation about the recent unsolicited non-binding proposal made by Viavi Solutions Inc.

Viavi Solutions Inc (NASDAQ: VIAV) increased the binding proposal to acquire EXFO Inc (NASDAQ: EXFO) from $7.50 to $8.00 per share.  The offer reflects EXFO's Q3 2021 financial results in which bookings rose 47.2% year-on-year to $87 million with a book-to-bill ratio at 1.20.

Viavi Raises EXFO Takeover Offer To $8 Per Share

QUEBEC CITY, July 20, 2021 /PRNewswire/ - Mr. Germain Lamonde today issued the following statement: Viavi Solutions Inc. (Viavi) made a fourth unsolicited, non-binding proposal to acquire EXFO Inc. (EXFO), and, for the fourth time, I make it crystal clear to Viavi and to my board of directors at EXFO that as controlling shareholder of EXFO, I would not consider any transaction with Viavi, or any other change of control transaction.

Germain Lamonde Rejects Fourth Unsolicited, Non-Binding Proposal From Viavi

VIAVI's Binding Proposal represents a 33 ⅓% or US$2.00 per share premium to the current Going Private Transaction SCOTTSDALE, Ariz., July 20, 2021 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced an increased binding proposal (the "Proposal") to acquire all of the outstanding subordinate voting shares and multiple voting shares of EXFO Inc. (TSX: EXF) (NASDAQ: EXFO) ("EXFO") from US$7.50 to US$8.00 in cash per share.

VIAVI Announces Increased Binding Proposal to Acquire EXFO at US$8.00 Per Share

Board of Directors Unanimously Recommends Shareholders Vote in Favour of the Arrangement QUEBEC CITY, July 16, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) ("EXFO" or the "Corporation") announces the filing of its management proxy solicitation circular (the "Circular") and related proxy materials in connection with the special meeting of shareholders (the "Special Meeting") to consider a special resolution approving the previously announced statutory plan of arrangement (the "Arrangement") under section 192 of the Canada Business Corporations Act pursuant to which 11172239 Canada Inc. (the "Purchaser"), a corporation controlled by Germain Lamonde, EXFO's founder and controlling shareholder, will acquire 100% of EXFO's subordinate voting shares (the "Subordinate Voting Shares") for US$6.00 per Subordinate Voting Share, except for the Subordinate Voting Shares already controlled, directly or indirectly, by Germain Lamonde and Philippe Morin (the "Excluded Shares") (assuming an agreement is reached between Mr. Lamonde and Mr.

EXFO Announces the Filing of its Circular in Connection with the Special Meeting of Shareholders and Receives Interim Order

Exfo (EXFO) delivered earnings and revenue surprises of -100.00% and 0.55%, respectively, for the quarter ended May 2021. Do the numbers hold clues to what lies ahead for the stock?

Exfo (EXFO) Reports Break-Even Earnings for Q3

Sales reached US$72.6 million Bookings attained US$87.0 million, book-to-bill ratio of 1.20 IFRS net loss totaled US$3.7 million Adjusted EBITDA amounted to US$4.3 million Proxy circular forthcoming on board-approved, going-private transaction QUEBEC CITY, July 14, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, reported today financial results for the third quarter ended May 31, 2021. "In the third quarter of 2021, EXFO delivered sales and adjusted EBITDA consistent with expectations while strong bookings were mainly driven by a recovery from the coronavirus pandemic and a good performance in EMEA," said EXFO's CEO Philippe Morin.

EXFO reports third quarter results for fiscal 2021

On Wednesday, July 14, EXFO (NASDAQ:EXFO) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings Preview: EXFO

Exfo (EXFO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Exfo (EXFO) Earnings Expected to Grow: Should You Buy?

QUEBEC CITY, June 23, 2021 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO) (TSX: EXF) announced today the company will release third quarter financial results for fiscal 2021 after the close of stock markets on July 14, 2021. Given a going-private transaction has been initiated, no conference call will be held.

EXFO investor advisory - Third quarter results for fiscal 2021

SCOTTSDALE, Ariz., June 17, 2021 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") today issued the following statement: "We are extremely disappointed that, without engaging with us, Mr.

VIAVI Response to Statements made by Mr. Germaine Lamonde and the EXFO Board of Directors

QUEBEC CITY , June 17, 2021  /PRNewswire/ - The Board of Directors of EXFO Inc. (NASDAQ: EXFO; TSX: EXF) ("EXFO" or the "Corporation") wishes, after careful consideration with the assistance of its independent financial and legal advisors and acting on the unanimous recommendation of the special committee of the Board of Directors comprised entirely of independent directors (the "Special Committee"), to clarify the situation for shareholders and other stakeholders about the unsolicited non-binding proposal (the "Proposal") made by Viavi Solutions Inc. In a going-private transaction announcement on June 7, 2021 and as reiterated on June 16, 2021 in a press release, Mr. Lamonde (the "Controlling Shareholder") who controls, directly or indirectly, 61.46% of the issued and outstanding shares of EXFO and 93.53% of the voting rights attached to all the issued and outstanding shares of EXFO, indicated to EXFO's Board of Directors that he would not consider any alternative change of control transaction.

EXFO clarifies the situation about the unsolicited non-binding proposal made by Viavi Solutions Inc.

Partnership for the nation-wide expansion of a top-quality broadband network LONDON, UK, June 17, 2021 /PRNewswire/ - Hyperoptic, a leading full fibre broadband provider, today announced it has selected advanced network testing technology from EXFO Inc. (NASDAQ: EXFO) (TSX: EXF), the communications industry's test, monitoring and analytics experts, to support its ambitious expansion plan across the United Kingdom. Hyperoptic is a nationwide internet service provider (ISP) that installs and maintains its own dedicated fibre optic network.

Hyperoptic selects EXFO to accelerate fibre optic network deployment

QUÉBEC CITY, QC, June 16, 2021 /PRNewswire/ - As the controlling shareholder of EXFO Inc. (EXFO), I want to provide absolute clarity for stakeholders regarding my intentions in response to the recent unsolicited proposal to acquire EXFO by Viavi Solutions Inc. (Viavi) and any further proposal to be made by Viavi or any other third party. This is the third time that Viavi has made an offer to acquire EXFO, after its first and second attempts in November 2020 at a price of US$4.75 and in May 2021 at a price of US$5.25, respectively.

Statement From Germain Lamonde With Regard To The Unsolicited, Non-Binding Proposal From Viavi

Network test, measurement, and assurance technology company Viavi Solutions Inc (NASDAQ: VIAV) proposed to acquire telecom equipment company EXFO Inc's (NASDAQ: EXFO) outstanding subordinate voting shares and multiple voting shares at $7.50 per share. The proposal values EXFO at $430 million and represents a 103% premium on its June 4, 2021 closing price on the trading day before EXFO's going-private announcement.

Viavi Solutions Proposes To Acquire EXFO At $7.5/Share

SCOTTSDALE, Ariz., June 16, 2021 /PRNewswire/ -- (NASDAQ: VIAV) Viavi Solutions Inc. ("VIAVI") announced today that it has submitted a proposal (the "Proposal") to the board of directors of EXFO Inc. (TSX: EXF) (NASDAQ: EXFO) ("EXFO") to acquire all of the outstanding subordinate voting shares and multiple voting shares of EXFO at a price of US$7.50 (C$9.14 at yesterday's exchange rate) in cash per share.

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