Independent proxy advisory firms, iss and glass lewis, recommend cloudmd shareholders vote for the proposed go-private transaction with cps capital

Toronto, june 17, 2024 (globe newswire) -- cloudmd software & services inc. (tsxv: doc, frankfurt: 6ph) (the “company” or “cloudmd”), is pleased to announce that institutional shareholder services inc. (“iss”) and glass, lewis & co. (“glass lewis”), two leading independent proxy advisory firms, have each recommended that cloudmd shareholders (“shareholders”) vote “for” the proposed go-private transaction of cloudmd with 1480775 b.c. ltd., an affiliate of cps capital lp (a private equity investment firm) pursuant to a plan of arrangement under the business corporations act (british columbia) (the “arrangement”).
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