On January 26, 2017, Redknee Solutions Inc. (TSX:RKN) closed the transaction. ESW Capital, LLC and the investor hold 800,000 preferred shares, the warrant and 14,106,300 common shares, representing approximately 13.0% of the issued and outstanding common shares on a non-diluted basis. As a part of transaction, Demetrios Anaipakos, Scott Brighton, Chris Helling and Andrew Price nominees of ESW Capital, LLC, will join company’s board of directors until the close of the next annual meeting of the investor or until their successors are elected or appointed.