INWK InnerWorkings

HH Global Completes Acquisition of InnerWorkings

InnerWorkings, Inc. (NASDAQ: INWK) (“InnerWorkings”) and HH Global Group Limited (“HH Global”) today announced the completion of HH Global’s acquisition of InnerWorkings. The combined organization will be led by Robert MacMillan, Chairman and Group CEO of HH Global, together with experienced senior managers from both companies.

The transaction was announced on July 16, 2020 and received approval from InnerWorkings stockholders on September 24, 2020. Under the terms of the merger agreement, InnerWorkings stockholders will receive $3.00 in cash for each share of InnerWorkings common stock they hold. As a result of the completion of the transaction, shares of InnerWorkings common stock were removed from listing on the Nasdaq Stock Market, with trading in InnerWorkings shares suspended prior to the opening of business on October 1, 2020.

About HH Global

Founded in 1991, HH Global is a global outsourced marketing execution provider. Applying proven processes, industry-leading technology, and the deep expertise of over 1,300+ employees, we develop innovative solutions that drive down the cost of our clients’ physical marketing procurement and content development, while improving quality, sustainability, and speed to market. For more information visit: .

About InnerWorkings, Inc.

InnerWorkings, Inc. (NASDAQ: INWK) engineers marketing for leading brands across a wide range of industries. We dive deep into clients’ brand strategies to deliver solutions that leverage our global expertise, certified supplier base, proven methods, and proprietary technology. By engineering marketing across key touch points in the customer journey, we power campaigns that drive value, enhance awareness and inspire action. With services that include creative, print, direct mail, branded merchandise, luxury packaging, retail environments, and digital solutions, we’re elevating beyond execution to shape brand experience. For more information visit: .

EN
01/10/2020

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Reports on InnerWorkings

 PRESS RELEASE

HH Global Completes Acquisition of InnerWorkings

LONDON & CHICAGO--(BUSINESS WIRE)-- InnerWorkings, Inc. (NASDAQ: INWK) (“InnerWorkings”) and HH Global Group Limited (“HH Global”) today announced the completion of HH Global’s acquisition of InnerWorkings. The combined organization will be led by Robert MacMillan, Chairman and Group CEO of HH Global, together with experienced senior managers from both companies. The transaction was announced on July 16, 2020 and received approval from InnerWorkings stockholders on September 24, 2020. Under the terms of the merger agreement, InnerWorkings stockholders will receive $3.00 in cash for each share...

 PRESS RELEASE

InnerWorkings Stockholders Approve Merger With HH Global

CHICAGO--(BUSINESS WIRE)-- InnerWorkings, Inc. (NASDAQ: INWK) (“InnerWorkings” or the “Company”) today announced that, at a special meeting of stockholders held on September 24, 2020, InnerWorkings’ stockholders approved the adoption of the previously announced merger agreement relating to the proposed transaction between InnerWorkings and HH Global Group Limited (“HH Global”), whereby InnerWorkings will become a wholly owned subsidiary of HH Global. After certification by the Company’s inspector of elections, the final voting results for the Company’s special meeting will be filed with the U...

Thanks to a better fundamental star rating, INNERWORKINGS sees an upgr...

The independent financial analyst theScreener just awarded an improved star rating to INNERWORKINGS (US), active in the Business Support Services industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 4 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date August 11, 2020, th...

 PRESS RELEASE

InnerWorkings Announces Second Quarter 2020 Results

CHICAGO--(BUSINESS WIRE)-- (NASDAQ: INWK), the leading global marketing engineering firm, today announced financial results for the three and six months ended June 30, 2020. For all non-GAAP references below, please refer to the non-GAAP reconciliation tables at the end of this release for more information. “As we had anticipated, a reduction in global economic activity impacted marketing spend by our clients and therefore resulted in a significant decline in our second-quarter revenue. We took swift action to dramatically reduce our costs while still meeting the high standard by which we s...

 PRESS RELEASE

HH Global and InnerWorkings to Create Combined Global Marketing Servic...

LONDON & CHICAGO--(BUSINESS WIRE)-- InnerWorkings, Inc. (NASDAQ: INWK) (“InnerWorkings”) and HH Global Group Limited (“HH Global”) today announced that they have signed a definitive agreement to combine operations. Under the terms of the agreement, HH Global will acquire InnerWorkings for $3.00 per share in an all-cash transaction representing approximately $177 million in equity value. This represents a premium of 127% to the closing price, and a premium of 104% to the 90-day volume weighted average price as of July 15, 2020. The transaction has been unanimously approved by the Boards of Dire...

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