Timing is Everything

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Initially, the Company intended to reduce the outstanding share count by approximately 25 percent. However, that number increased significantly as a majority of large shareholders decided to take a long-term view of their investment as the Company continues to rapidly expand.

“This roll-up will tighten the float of tradable shares, add investment stability, and assure investors that many of the large stakeholders are taking a long-term view,” stated Andy Khanna, CEO of Sonasoft. “Sonasoft is confident that this initiative will attract large institutional investors to infuse capital that will fuel future growth and strategic acquisitions. The rapid growth of 2018 is just the beginning. Investors can expect much more moving forward."