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Stock impact report

Mitek System’s Board of Directors Unanimously Rejects Unsolicited Proposal from ASG Technologies

Mitek Systems, Inc. (MITK) 
Last mitek systems, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.miteksystems.com
Company Research Source: GlobeNewswire
Proposal Substantially Undervalues Mitek and is Not in the Best Interests of Mitek Shareholders Affirms Confidence in Current Strategy that is Delivering Strong Results with Significant Upside SAN DIEGO, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Mitek Systems, Inc. (NASDAQ: MITK, www.miteksystems.com), a global leader in mobile capture and digital identity verification solutions, today announced that its Board of Directors, after consultation with its financial and legal advisors, has unanimously determined that the non-binding, unsolicited proposal to acquire Mitek, made public by press release on October 31, 2018, from ASG Technologies Group, Inc., a portfolio company of Elliott Associates, L.P. and Elliott International, L.P., is not in the best interests of Mitek’s shareholders. “Mitek sits at the forefront of powerful global trends in mobile commerce and is well-positioned to deliver significant and sustained growth, as we tap into our technology leadership, customer relation Show less Read more
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