SilverSun Stockholders Approve Equity Investment; Pursuant To The Investment Agreement, JPE And The Minority Co-Investors Will Invest $1B In Cash Into SilverSun

Author: Benzinga Newsdesk | May 30, 2024 09:49am

Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, and SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") today announced that SilverSun stockholders voted to approve the transactions contemplated by the previously announced amended and restated investment agreement (as amended from time to time, the "Investment Agreement") among SilverSun, JPE and certain minority co-investors, and other related proposals. Pursuant to the Investment Agreement, JPE and the minority co-investors will invest $1 billion in cash into SilverSun.

Posted In: SSNT