IMATION CORP. (NYSE:IMN) Files An 8-K Other Events

Item 8.01

On December 30, 2016, Imation Corp. (the Company or we) issued a
press release (the press release) announcing that it has
established a record date of January 6, 2017 for its special
meeting of stockholders (the special meeting) to be held to
consider and vote upon the previously announced proposals to
approve the issuance of up to 15,000,000 shares of common stock
to Clinton Group, Inc. (the Capacity Shares), to approve a
reverse stock split and a reduction of the number of authorized
shares of the Companys common stock in a corresponding proportion
and to adjourn the special meeting to a later date or time, if
necessary, to permit further solicitation and vote of proxies
(collectively, the Proposals). The date and time of the special
meeting will be set and announced at a later time.

Only holders of record of the Companys common stock at the close
of business on January 6, 2017 will be entitled to notice of the
special meeting and to vote and have their votes counted at the
special meeting and any adjournments or postponements of the
special meeting. The full meeting agenda will be detailed in the
definitive proxy statement which will be mailed to all
stockholders of record.

A copy of the press release is attached hereto as Exhibit 99.1
and incorporated herein by reference.

Additional Information About the Proposals and Where to
Find It

In connection with the Proposals, the Company has filed with the
SEC a preliminary proxy statement. When completed, the Company
will mail a definitive proxy statement and other relevant
documents to its stockholders in connection with its solicitation
of proxies for the special meeting. This Current Report on Form
8-K does not contain all the information that should be
considered concerning the Proposals. It is not intended to
provide the basis for any investment decision or any other
decision in respect to the Proposals. The Companys stockholders
and other interested persons are advised to read the preliminary
proxy statement, the amendments thereto, and the definitive proxy
statement when available in connection with the Companys
solicitation of proxies for the special meeting, as these
materials will contain important information about the Company
and the Proposals. The definitive proxy statement will be mailed
to stockholders of record of the Company as of January 6, 2017.
Stockholders can also obtain copies of the preliminary proxy
statement, the definitive proxy statement when available, and
other documents filed with the SEC, without charge, at the SECs
web site at www.sec.gov, or by directing a request to: Imation
Corp., 1099 Helmo Ave. N., Suite 250, Oakdale, Minnesota 55128,
Attn: Investor Relations, (651) 704-4311.

Participants in Solicitation

The Company and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the
stockholders of the Company in connection with the Proposals.
Information regarding the special interests of these directors
and executive officers in the Proposals is included in the
preliminary proxy statement and will be included in the
definitive proxy statement when available. Additional information
regarding the directors and executive officers of the Company is
also included in the Companys Annual Report on Form 10-K for the
year ended December 31, 2015, which is available free of charge
at the SEC web site at www.sec.gov and at the address described
above.

Disclaimer

This communication shall not constitute an offer to sell or the
solicitation of an offer to buy the Capacity Shares or any other
security. The Capacity Shares have not been registered under the
Securities Act of 1933, as amended, or the securities laws of any
other jurisdiction and may not be offered or sold in the United
States absent registration or an applicable exemption from
registration requirements.

(d) Exhibits

We incorporate by reference herein the Exhibit Index following
the page to this Current Report on Form 8-K.

About IMATION CORP. (NYSE:IMN)

Imation Corp. is a data storage and data security company. The Company operates in two business segments: Tiered Storage and Security Solutions (TSS), which consists of its commercial storage media and storage and security solutions (i.e. Nexsan and IronKey) businesses, and Consumer Storage and Accessories (CSA), which consists of its consumer storage media and audio and accessories businesses. Its Nexsan segment consists of storage systems portfolio, which ranges from dense storage products to unified storage solutions for small and medium commercial businesses, enterprise and government customers. Its IronKey segment line include the hardware encrypted universal serial bus (USB) drives, personal computer (PC) on a stick workspaces for Microsoft windows to go, and cloud-based or device management solutions. Its Storage Media and Accessories business segment distributes various products through retail and commercial channels across the world.

IMATION CORP. (NYSE:IMN) Recent Trading Information

IMATION CORP. (NYSE:IMN) closed its last trading session up +0.020 at 0.820 with 948,161 shares trading hands.