ACXIOM CORPORATION (NASDAQ:ACXM) Files An 8-K Other Events
Item 8.01 Other Information.
(the “Company”), consummated an acquisition of Arbor
Technologies, Inc., a Delaware corporation (“Arbor”) (the
“Arbor Merger”). Certain portions of the consideration for the
Arbor Merger otherwise payable in respect of shares of restricted
Arbor common stock held by certain key employees of Arbor are
further subject to holdback by the Company (each a “Holdback
Arrangement”). Such consideration held back to the Holdback
Arrangements is to be settled in shares of common stock of the
Company and is scheduled to vest over thirty (30) months
post-closing, subject to the applicable key employee continuing
to provide services to the Company through each vesting date and
vesting acceleration upon a qualifying termination of employment.
Arrangement have been or will be issued to the Company’s
previously filed and effective Registration Statement on Form S-3
(File No. 333-215197), the base prospectus, dated December 20,
2016, filed as part of such Registration Statement, and the
prospectus supplements thereunder, including the Prospectus
Supplement No. 1, dated December 21, 2016, in each case as filed
by the Company with the Securities and Exchange Commission.
| Item 9.01 | Financial Statements and Exhibits. |
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Exhibit No.
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Description
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5.1
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Opinion of Jerry C. Jones, Chief Ethics and Legal Officer,
Executive Vice President and Assistant Secretary |
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23.1
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Consent of Jerry C. Jones, Chief Ethics and Legal Officer,
Executive Vice President and Assistant Secretary (included in Exhibit 5.1) |
About ACXIOM CORPORATION (NASDAQ:ACXM)
Acxiom Corporation (Acxiom) is a technology and enablement services company. The Company operates through three business segments: Marketing Services, Audience Solutions, and Connectivity. The Company’s Marketing Services segment helps clients to unify data at individual level. The Audience Solutions segment helps clients to validate the accuracy of their people-based data, enhance it with additional insight and keep it up to date, enabling clients to reach desired audiences with relevant messages. The Connectivity segment activates data and makes it portable across the open marketing ecosystem. The Company serves a global client base from locations in the United States, Europe and the Asia-Pacific region. The Company’s client base includes organizations in these regions across industry verticals, including financial, insurance and investment services, automotive, retail, telecommunications, healthcare, travel, entertainment, non-profit and government. ACXIOM CORPORATION (NASDAQ:ACXM) Recent Trading Information
ACXIOM CORPORATION (NASDAQ:ACXM) closed its last trading session down -0.37 at 26.39 with 258,524 shares trading hands.
