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EQ Completes the Acquisition of Compliance Division of ACCESS Newswire

1. Equiniti Trust Company acquired the compliance division of ACCESS Newswire. 2. The acquisition enhances EQ's shareholder services and compliance solutions. 3. ACCESS Newswire's transfer agent services will now operate under EQ. 4. EQ aims to become a leading global transfer agent with expanded offerings. 5. Brian Balbirnie expresses confidence in EQ's ability to add value.

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FAQ

Why Neutral?

While EQ's acquisition enhances service offerings, there is no direct impact on ACCS’s current business. Historical trends indicate that such acquisitions can lead to market restructuring but typically do not result in immediate stock volatility for the acquired company.

How important is it?

The acquisition suggests positive changes in the compliance market but has less immediate relevance to ACCS’s operations or stock price outlook. The overall market sentiment remains cautious around this sector.

Why No Impact?

The acquisition is primarily strategic for EQ, with no changes in ACCS’s operations or financials anticipated. Similar past acquisitions in the sector rarely had lasting impacts on the acquired companies unless larger shifts occurred.

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EQID
, /PRNewswire/ -- Equiniti Trust Company, LLC (EQ) today announced the successful acquisition of the corporate compliance division of ACCESS Newswire Inc., formally known as Issuer Direct Corporation. The compliance division, including substantially all of the assets of Direct Transfer LLC, the stock transfer agent brand of ACCESS Newswire, will operate as EQ, further strengthening EQ's leadership in shareholder services. ACCESS Newswire's compliance business, better known as Issuer Direct in the corporate market, provides industry-leading compliance solutions that serve issuers. This acquisition aligns with EQ's commitment to being the trusted advisor to companies of all sizes, providing tailored solutions that support their evolving needs and ambitions. As part of the acquisition, EQ expands its service portfolio with full-service EDGAR filing capabilities including workflow, conversion, editing and submission through Platform ID. Additionally, the acquisition brings iProxy Direct, a proxy management solution, into EQ's suite of offerings. This solution manages form design, printing, project management, vote tabulation and certification. Dan Kramer, CEO of Shareholder Services for EQ, commented: "The addition of these clients and colleagues aligns with EQ's ongoing growth strategy and furthers our vision to be the number one global transfer agent with complementary services. As part of EQ, clients and employees will have access to EQ's robust offerings and the industry's top team of trusted advisors. I look forward to a bright future with our new clients and colleagues." Jo Palmer, CEO of EQ U.S. Shareholder Services added, "At EQ, we take pride in being trusted advisors to our clients at every pivotal moment in their corporate journey. We are excited to welcome these clients and employees into EQ and look forward to delivering even greater value together." Brian Balbirnie, CEO of ACCESS Newswire, commented: "Our compliance division has built a strong reputation for delivering best-in-class transfer agent services and client support. I am confident that EQ's resources, expertise, and commitment to client success will provide even greater value to those clients." About EQ EQ are specialists in helping you better understand and manage the ownership of your company through critical events across the corporate lifecycle. As trusted advisors, we provide strategic insight and operations expertise through our core business units in Private Company Services, Transfer Agent Services, Employee Plan Solutions and Proxy Services. Globally, we serve 6,700 clients (49% of the FTSE 100 UK and 35% of the S&P 500), with over 30 million shareholders, through 6,500 employees in 5 markets around the world. Learn more at equiniti.com/us. About ACCESS Newswire ACCESS Newswire is a globally trusted Public Relations (PR) and Investor Relations (IR) solutions provider. With a focus on innovation, customer service, and value-driven offerings, ACCESS Newswire empowers brands to connect with their audiences where it matters most. From startups and scale-ups to multi-billion-dollar global brands, we ensure your most important moments make an impact and resonate with your audiences. To learn more about ACCESS Newswire offers visit www.accessnewswire.com. Media Contact Sara Walsh Chief Marketing Officer, EQ [email protected]. SOURCE Equiniti Trust Company, LLC. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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