There are many factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Forward-looking statements include statements relating to the following: (i) future capital expenditures, expenses, revenues, economic performance, financial conditions, dividend policy, losses and future prospects of the combined group of NortonLifeLock and Avast (the "Combined Company") (ii) business and management strategies and the expansion and growth of the operations of the Combined Company (iii) the effects of government regulation on the business of the Combined Company and (iv) the time frame and the expected benefits of the Merger to the Combined Company and its respective customers, stockholders and investors, including expected growth, earnings accretion and cost savings. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "plan", "goal", "believe", "aim", "will", "may", "would", "could" or "should" or other words of similar meaning or the negative thereof. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. This press release contains certain forward-looking statements. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Its threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast offers products under the Avast and AVG brands that help protect people from threats on the internet and the evolving IoT threat landscape. Learn more about how we're transforming Cyber Safety at About AvastĪvast is a global leader in digital security and privacy products. We are the consumer's trusted ally in an increasingly complex and connected world. (NASDAQ: NLOK) is a global leader in consumer Cyber Safety, protecting and empowering people to live their digital lives safely. and continue trading on NASDAQ under its current "NLOK" ticker symbol. Until that time, the Combined Company will operate as NortonLifeLock Inc. As it starts merging its operations, the Combined Company will soon announce a new name that reflects the forward-thinking vision and scale of its comprehensive Cyber Safety platform and trust-based solutions for consumers around the world. It will also begin trading under a new stock ticker under the new company name on NASDAQ. and discuss its shared financials and metrics during the fiscal year 2023 second quarter earnings release call. The Combined Company will operate as NortonLifeLock Inc. BST on September 12, 2022, and the Avast shares will be delisted from the London Stock Exchange effective as of September 13, 2022, at 8:00 a.m. With the completion of the transaction, trading in Avast shares was suspended at 7:30 a.m. On a provisional basis and prior to the calculation of the amount of GBP consideration due pursuant to the currency conversion facility, the aggregate consideration due pursuant to the Merger comprises 94,201,223 new NortonLifeLock Shares and cash consideration of approximately $5,970,761,620. On a provisional basis, shareholders holding 36.505% of the Avast shares elected the Majority Stock Option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.495% due to receive the Majority Cash Option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share. "Half a billion users trust us to protect and empower their digital lives, and now that NortonLifeLock and Avast have come together, we plan to redefine and reimagine Cyber Safety for consumers and small businesses around the world." "We believe that everyone deserves the freedom to live their digital lives to the fullest," said Vincent Pilette, CEO of NortonLifeLock and the Combined Company. NortonLifeLock Completes Merger with Avast
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