EXFO Inc. (EXFO)

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.

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.

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").

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.

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.

- 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.

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.

- 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.

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 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.

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.

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.

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 (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?

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 (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.