STC · Sangoma Technologies Corp · Documents

Sangoma Technologies Corporation entered a September 28, 2026 agreement to be acquired for US$4.925 cash plus 0.04767 of a BRC Group Holdings, Inc. share per share, subject to shareholder approval at meeting expected on or prior to December 11, 2026.

Sangoma Technologies Corporation agreed to be acquired by a wholly owned subsidiary of BRC Group Holdings, Inc. in a transaction valuing it at approximately $204 million (C$289 million), with closing expected by early 2027.

Sangoma Technologies Corporation reported revenue of $200,065 and a net loss of $(81,094), in thousands of US dollars, including a $68,394 goodwill impairment. Cash was $10,431, and an ERP-related material weakness was identified in revenue recognition and deferred revenue reconciliation.