TaskUs urges shareholders to vote for take-private transaction

TaskUs (TASK) reminds all stockholders to vote “FOR” the adoption of the merger agreement and take-private acquisition by an affiliate of Blackstone, TaskUs Co-Founder and Chief Executive Officer Bryce Maddock and TaskUs Co-Founder and President Jaspar Weir before the Company’s special meeting of stockholders. The Company expects to convene the special meeting as scheduled on October 8, 2025, at 7:30 a.m. Central Time for purposes of voting on the adoption of the merger agreement. As previously announced on May 9, 2025, the Company and the Buyer Group entered into a definitive agreement under which the Buyer Group will acquire 100% of the outstanding shares of Class A common stock they do not already own for $16.50 per share in an all-cash transaction. Since the announcement of the transaction, the Special Committee of the TaskUs Board of Directors and the Buyer Group have engaged in discussions with several stockholders concerning the proposed transaction. In light of AI’s impact on the Company’s business and its future prospects, the Special Committee continues to believe that the proposed transaction is in the best interest of TaskUs stockholders and recommends that stockholders vote “FOR” the proposed transaction. The Special Committee has not received a non-binding proposal from the Buyer Group to amend the terms of the merger agreement to be more favorable to the Company’s stockholders unaffiliated with the Buyer Group.