Brief: Team, Inc. Adopts Stockholder Rights Plan Designed To Protect The Availability Of Its Net Operating Losses

Team

02/02/2022 22:43

Feb 2 (Reuters) - Team Inc  TISI.N :
    * TEAM, INC. ADOPTS STOCKHOLDER RIGHTS PLAN DESIGNED TO
PROTECT
THE AVAILABILITY OF ITS NET OPERATING LOSSES
    * TEAM INC - RIGHTS PLAN IN EFFECT IMMEDIATELY; WILL BE
SUBMITTED
FOR STOCKHOLDER RATIFICATION AT 2022 ANNUAL MEETING
    * TEAM INC - IF RATIFIED BY STOCKHOLDERS, RIGHTS PLAN
INTENDED TO
REMAIN IN EFFECT UNTIL FEBRUARY 2, 2025

Source text for Eikon:  ID:nPnbgPhqRa 
Further company coverage:  TISI.N 

 ((Reuters.Briefs@thomsonreuters.com;))