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ECN Capital Obtains Final Court Approval for Proposed Acquisition by Investor Group Led by Warburg Pincus

Newswire.ca - Thu Jan 22, 4:05PM CST

TORONTO, Jan. 22, 2026 /CNW/ - ECN Capital Corp. (TSX: ECN) ("ECN Capital" or the "Company") announced today that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) (the "Final Order") approving the Company's previously announced plan of arrangement (the "Arrangement") whereby a newly formed acquisition vehicle controlled by an investor group led by investment funds managed by Warburg Pincus LLC would acquire all of the issued and outstanding common shares of the Company (the "Common Shares"), cumulative 5-year minimum rate reset preferred shares, Series C of the Company (the "Series C Preferred Shares") and mandatory convertible preferred shares, Series E of the Company (the "Series E Preferred Shares"). The Final Order follows the shareholder approval that was obtained at the special meeting of the Company's shareholders held on Tuesday, January 20, 2026.

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