Docebo Inc. Announces Substantial Issuer Bid Price Increase and Extension
TORONTO — Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“ Docebo ” or the “ Company ”), the Enterprise Platform for the AI-era workforce, unifying skills intelligence, learning, and knowledge in one closed loop, announced today the amendment of the terms of its previously announced substantial issuer bid (the “ Offer ”) under which the Company has offered to repurchase from its shareholders (“ Shareholders ”) for cancellation up to US$70,000,000 of its outstanding common shares (“ Common Shares ”).
The Offer has been amended to increase the price to US$25.00 per Common Share and in connection with the price increase (i) the expiry date of the Offer has been extended to 5:00 p.m. (Eastern time) on September 8, 2026, unless further extended, varied or withdrawn by Docebo and (ii) the maximum number of Common Shares that may be purchased pursuant to the Offer has decreased to 2,800,000 Common Shares. All other terms of the Offer remain unchanged.
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A notice of variation and extension (the “ Notice ”) will be mailed to Shareholders and available free of charge under the Company’s SEDAR+ profile at www.sedarplus.ca and on EDGAR at www.sec.gov . Shareholders who wish to deposit Common Shares under the Offer and who hold Common Shares registered in the name of an investment dealer, stock broker, bank, trust company or other nominee, should immediately contact their nominee in order to take the necessary steps to be able to deposit the Common Shares held under the Offer.
The foregoing is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Common Shares. The solicitation and the offer to buy Common Shares will only be made pursuant to the Offer documents, which have been filed with the applicable securities regulators in Canada and the United States.
Docebo is redefining the way enterprises leverage technology to create and manage content, deliver training, and measure the business impact of their learning programs. With Docebo’s end-to-end learning platform, organizations worldwide are equipped to deliver scaled, personalized learning across all their audiences and use cases, driving growth and powering their business.
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