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Test Number : HPE0-S48
Test Name : Integrating HPE ProLiant Server Solutions
Vendor Name : HP
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HP Integrating PDF Questions

unbiased Proxy Advisory organizations ISS and Glass Lewis recommend Telenav Stockholders Vote FOR All Proposals concerning Go-deepest Transaction with V99 | HPE0-S48 test Cram and Question Bank

Telenav, Inc. (NASDAQ: TNAV), these days announced that leading impartial proxy advisory firms Institutional Shareholder functions, Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), suggest that Telenav stockholders vote “FOR” all proposals to be considered and voted on at Telenav’s particular assembly of Stockholders (the “particular assembly”) in connection with the in the past announced “go-inner most” transaction with V99 Inc., a Delaware organization led through HP Jin, Telenav’s Co-Founder, President and Chief government Officer. The particular meeting is scheduled to be held on February sixteen, 2021 at 10:00 a.m. PT.

“we are completely satisfied that each ISS and Glass Lewis assist their recommendation that stockholders vote ‘FOR’ the notion to undertake and approve the merger agreement,” mentioned Douglas Miller, Lead independent Director and a member of the Telenav special Committee. “we're assured that this transaction is in the superior pastime of Telenav and its stockholders, and should position the business to accelerate its adventure towards a connected-vehicle future. They strongly urge Telenav stockholders to observe the innovations of ISS and Glass Lewis and vote ‘FOR’ all transaction-related proposals today.”

As previously introduced, beneath the phrases of the definitive merger contract, V99 will acquire Telenav for $four.eighty per share in an all cash transaction. The transaction is anticipated to close all the way through the primary calendar quarter of 2021, field to widely wide-spread closing circumstances, including approval via Telenav stockholders, and approval via Telenav stockholders preserving as a minimum 66 and two-thirds percent of the awesome shares owned via stockholders other than Mr. Jin, Mr. Chen, Changbin Wang, and every of their associates and related events. Upon closing of the transaction, Telenav standard stock will not be listed on any public market.

Telenav’s special Committee and the impartial and disinterested individuals of the Board of directors suggest that Telenav stockholders vote “FOR” each of the proposals involving the transaction by finishing and returning their proxy card, or by using submitting their proxy by way of cell or over the information superhighway. Telenav stockholders are advised that in the event that they have any questions or want suggestions in balloting their shares, they may still contact Telenav’s proxy solicitor, MacKenzie partners, Inc. at (800) 322-2885 (toll-free).

About Telenav, Inc.

Telenav is a leading company of linked motor vehicle and site-based mostly functions, concentrated on transforming existence on the go for americans – before, right through, and after every power. Leveraging their area platform, they enable their consumers to carry customized linked car and cellular experiences. To be taught more about how Telenav’s area platform powers personalised navigation, mapping, huge facts intelligence, social using, and placement-based mostly advertising, discuss with www.telenav.com.

“Telenav” and the “Telenav” logo are registered emblems of Telenav, Inc. until in any other case cited, all different trademarks, service marks, and emblems used in this press liberate are the logos, carrier marks or logos of their respective homeowners.

© 2021 Telenav, Inc. All Rights Reserved.

ahead-looking Statements

This verbal exchange incorporates forward-searching statements in the which means of the federal securities legal guidelines. These ahead-searching statements represent Telenav’s expectations or beliefs concerning future activities. words akin to “may,” “will,” “can also,” “count on,” “forecast,” “strategy,” “assistance,” “outlook,” “target,” “predict,” “intend,” “plan,” “estimate,” “count on,” “consider” or “mission” and identical expressions are used to identify ahead-searching statements. with out limiting the generality of the foregoing, ahead-looking statements contained during this communique consist of Telenav’s expectations regarding V99’s agreement to acquire Telenav and the anticipated timing of the completion of the transaction. forward-looking statements can also be littered with assumptions used or regularly occurring or unknown risks or uncertainties. consequently, no forward-looking statements can also be guaranteed and exact results may vary materially and adversely from these mirrored in the ahead-searching statements. elements that might trigger exact results to vary materially from these indicated in the forward-looking statements encompass, amongst others, the failure to reap the approval of Telenav’s stockholders, including at least 66 and two-thirds percent of the magnificent shares of usual stock owned by way of stockholders other than HP Jin, Samuel Chen and Changbin Wang, and each of their associates and linked events, in connection with the proposed transaction; the failure to consummate or prolong in consummating the proposed transaction for different causes; and the chance that a situation to closing of the proposed transaction might also now not be convinced or that required financing for the proposed transaction may additionally not be attainable or may well be delayed. Any ahead-looking remark made by way of Telenav during this conversation is based mostly only on advice at present obtainable to Telenav and speaks handiest as of the date on which it's made. except as required with the aid of applicable legislation or legislation, Telenav doesn't expect any duty to update this kind of forward-looking statements no matter if because the outcomes of latest developments or otherwise.

additional information and the place to find It

This conversation is being made in appreciate of the proposed transaction involving Telenav and V99 Inc. In connection with the proposed transaction, Telenav has filed a definitive proxy remark on time table 14A with the Securities and exchange fee (the “SEC”), and Telenav mailed the definitive proxy statement and a proxy card to each and every stockholder of Telenav entitled to vote at the particular meeting concerning the proposed transaction. This verbal exchange is not supposed as an alternative choice to the proxy observation that Telenav filed with the SEC and despatched to its stockholders in connection with the proposed transaction or some other doc that Telenav may additionally file with the SEC or send to its stockholders in connection with the proposed transaction. The definitive proxy statement described above carries vital information in regards to the proposed merger and connected matters. before MAKING ANY vote casting choice, STOCKHOLDERS OF TELENAV ARE entreated TO read THESE materials (including ANY AMENDMENTS OR supplements THERETO) AND another imperative documents IN reference to THE PROPOSED TRANSACTION THAT TELENAV WILL FILE WITH THE SEC once they turn into purchasable because they will contain vital assistance ABOUT TELENAV AND THE PROPOSED TRANSACTION. The definitive proxy commentary and other important substances in reference to the proposed transaction, and any other files filed with the aid of Telenav with the SEC, could be got freed from cost on the SEC’s site (http://www.sec.gov) or at Telenav’s website (https://www.telenav.com/) or via contacting Telenav’s Investor members of the family at IR@telenav.com.

members within the Solicitation

Telenav and its directors and government officers, including HP Jin and Samuel Chen, may well be deemed to be individuals in the solicitation of proxies from Telenav’s stockholders with respect to the proposed transaction. assistance about Telenav’s administrators and govt officers and their possession of Telenav’s normal stock is determined forth in Telenav’s Annual report on form 10-okay for the fiscal year ended June 30, 2020, which changed into filed with the SEC on August 21, 2020, as amended on October 26, 2020. additional information regarding the abilities contributors, and their direct or oblique pastimes within the proposed transaction, by security holdings or in any other case, are set forth within the definitive proxy statement and other substances on file with SEC in connection with the proposed transaction.

TNAV-F

TNAV-C

Bishop IR

Mike Bishop

415-894-9633

IR@telenav.com

OR

Joele Frank, Wilkinson Brimmer Katcher

Eric Brielmann / Rose Temple

212-355-4449


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