BTRS Holdings Inc. Stockholders Approve Proposed Merger With EQT Private Equity; Under The Terms Of The Definitive Merger Agreement, Will Acquire All Of The Outstanding Shares Of Billtrust Common Stock For $9.50 Per Share

BTRS Holdings Inc. ("Billtrust" or the "Company") (NASDAQ:BTRS) today announced that its stockholders voted to approve the definitive merger agreement with an affiliate of EQT X Fund ("EQT Private Equity") at a special meeting of the Company's stockholders.

The final voting results for the special meeting will be filed in a Form 8-K with the U.S. Securities and Exchange Commission on December 13, 2022.

As previously announced, under the terms of the definitive merger agreement, an affiliate of EQT Private Equity will acquire all of the outstanding shares of Billtrust common stock for $9.50 per share in cash. The transaction is expected to close on December 16, 2022. Upon completion of the transaction, Billtrust will become a privately held company, and its common stock will no longer be listed on any public market.