Alight Issues Statement in Conjunction with Cannae
04 Dezember 2024 - 8:07PM
Business Wire
Alight, Inc. (NYSE: ALIT) (the "Company”), a leading cloud-based
human capital technology and services provider, today issued a
statement on behalf of Cannae and Alight’s Chairman of the Board
William P. Foley, II.
“Yesterday, Cannae sold 12 million shares of Alight’s common
stock in support of Cannae’s own liquidity needs. Cannae does not
generate operating income and will from time to time sell assets to
generate cash for our strategic needs. This sale met that
objective, and we do not have any expectations for additional sales
of Alight shares for the foreseeable future. Our conviction in
Alight’s attractive long-term thesis and financial profile is
steadfast,” commented Foley.
About Alight Solutions
Alight is a leading cloud-based human capital technology and
services provider for many of the world’s largest organizations.
Through the administration of employee benefits, Alight powers
confident health, wealth, leaves and wellbeing decisions for 35
million people and dependents. Our Alight Worklife® platform
empowers employers to gain a deeper understanding of their
workforce and engage them throughout life’s most important moments
with personalized benefits management and data-driven insights,
leading to increased employee wellbeing, engagement and
productivity. Learn how Alight unlocks growth for organizations of
all sizes at alight.com.
Forward-looking statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. In some cases, these forward-looking statements can be
identified by the use of words such as “outlook,” “believes,”
“expects,” “potential,” “continues,” “may,” “will,” “should,”
“could,” “seeks,” “projects,” “predicts,” “intends,” “plans,”
“estimates,” “anticipates” or the negative version of these words
or other comparable words. Such forward-looking statements are
subject to various risks and uncertainties including, among others,
risks described under the section entitled “Risk Factors” of
Alight’s Annual Report on Form 10-K, filed with the Securities and
Exchange Commission (the "SEC") on February 29, 2024, and in the
Quarterly Report on Form 10-Q filed with the SEC on May 8, 2024 and
on November 12, 2024, as such factors may be updated from time to
time in Alight's filings with the SEC, which are, or will be,
accessible on the SEC's website at www.sec.gov. Accordingly, there
are or will be important factors that could cause actual outcomes
or results to differ materially from those indicated in these
statements. These factors should not be construed as exhaustive and
should be considered along with other factors noted in this
presentation and in Alight’s filings with the SEC. Alight
undertakes no obligation to publicly update or review any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241204077910/en/
Investors: Jeremy Cohen investor.relations@alight.com
Media: Mariana Fischbach mariana.fischbach@alight.com
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