TaskUs Inc. Announces Further Adjournment of Special Meeting for Take-Private Transaction

On September 24, 2025, TaskUs, Inc. (Nasdaq: TASK), a prominent provider of outsourced digital services and customer experience solutions, announced an additional adjournment of its special meeting of stockholders initially scheduled for September 10, 2025. The meeting has now been rescheduled for October 8, 2025, at 7:30 a.m. Central Time. This adjournment aims to gather more proxies in favor of the company's proposed acquisition by an affiliate of Blackstone, along with co-founders Bryce Maddock and Jaspar Weir, collectively referred to as the "Buyer Group."

The decision to adjourn the special meeting stems from the need for an affirmative vote from a majority of the unaffiliated stockholders, excluding the Buyer Group. As of the latest update, the company has not yet secured this critical Unaffiliated Stockholder Vote. The adjournment provides additional time to solicit proxies from stockholders to reach this necessary majority.

In the lead-up to the adjournment, the Special Committee of TaskUs's Board of Directors, along with the Buyer Group, has been actively engaging with stockholders regarding the merits of the proposed transaction. The Committee believes that this acquisition aligns with the best interests of TaskUs stockholders, particularly in light of the growing influence of artificial intelligence on the company’s business and its future prospects.

The upcoming special meeting will be conducted virtually, maintaining the record date of August 6, 2025. Stockholders who have submitted proxies will have their votes counted during the reconvened meeting unless they choose to revoke them. Those who have not yet voted or wish to amend their previous votes are encouraged to do so promptly by following the instructions on their voting forms or proxy cards.

Previously, on May 9, 2025, TaskUs and the Buyer Group entered into a definitive agreement stipulating that the Buyer Group will acquire 100% of the outstanding shares of TaskUs's Class A common stock that they do not already own for $16.50 per share in an all-cash transaction. This acquisition is poised to reshape the strategic direction of TaskUs as it navigates the evolving landscape of digital services.

TaskUs urges its stockholders to review all relevant materials filed with the U.S. Securities and Exchange Commission (SEC), including the definitive proxy statement filed on August 8, 2025, and the investor presentation dated August 22, 2025. These documents provide crucial information about the proposed transaction and its implications for shareholders.

TaskUs is recognized as a leader in providing outsourced digital services and next-generation customer experiences to some of the most innovative companies globally. The firm's cloud-based infrastructure supports clients across various booming sectors, including social media, e-commerce, gaming, streaming media, food delivery, ride-sharing, technology, financial services, and healthcare. As of June 30, 2025, TaskUs employed approximately 60,400 individuals across 30 locations in 13 countries.

Blackstone, the world’s largest alternative asset manager, aims to deliver robust returns for its investors by enhancing the companies in which it invests. With over $1.2 trillion in assets under management, Blackstone's investment strategies span real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries, and hedge funds.

As TaskUs prepares for its adjourned special meeting on October 8, 2025, all eyes will be on the stockholders' votes regarding the pivotal acquisition by the Buyer Group. The outcome of this transaction could have significant implications for the company’s future, particularly in a rapidly evolving digital landscape driven by advancements in artificial intelligence and customer experience solutions. Stockholders are encouraged to engage with the process and ensure their voices are heard in this critical juncture for TaskUs.