Thursday, March 16, 2023

Equity Corporate Actions Alert #2023 - 163
Information Regarding the Merger of Duck Creek Technologies, Inc. (DCT)


  • Industry Announcement

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Shareholders of Duck Creek Technologies, Inc. (DCT) are scheduled to meet on March 28, 2023 to consider and vote on the proposed merger of the company with and into Disco Merger Sub, Inc., a direct, wholly owned subsidiary of Disco Parent, LLC. If approved, the subsequent merger is anticipated to become effective prior to the open of business on March 30, 2023. In anticipation of the closing, the stock will be halted following the after-hours session at 8:00 p.m. ET on March 29, 2023. If the the closing occurs as anticipated, the stock will remain halted on the date of closing (March 30th) and will be suspended effetive March 31, 2023. The details are as follows::

Company Name/Issue: Duck Creek Technologies, Inc. Common Stock
CUSIP#: 264120106
Symbol: DCT
Anticipated Last Trading Date: March 29, 2023
Anticipated Marketplace Effective Date for Suspension: March 31, 2023
Merger Consideration: $19.00 in cash per share held.

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