Docebo Inc. Announcing the Commencement of the Pre-Announced Major Issuance Bid
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Toronto – Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or “Company”), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, is pleased to announce the official launch of its previously announced major rollout bid (the “Give”) where the Company will offer a repurchase for cancellation until 2,941,176 of its ordinary shares (“Common Shares“) at a price of US$20.40 per Common Share, for a total price not exceeding US$60,000,000. The Plan commences on the date hereof and will expire on March 10, 2026, unless extended, modified or withdrawn. Additional details regarding the Plan can be found in the Company’s 2029 press release.
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The Offering Documents were filed with the applicable securities regulators and mailed to shareholders on February 3, 2026. The Offering Documents will be available free of charge under the Company’s SEDAR+ profile at www.sedarplus.ca and on EDGAR at www.sec.gov. Shareholders should read the Offer Documents carefully before making a decision about the Offer.
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This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Common Shares. Applications and offers to purchase Common Shares will be made only pursuant to Offering Documents that will be filed with the applicable securities regulators in Canada and the United States.
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Forward-Looking Information
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This news release may contain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws.
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In some cases, forward-looking information can be identified by the use of forward-looking words such as “plans”, “targets”, “expected”, “anticipated”, “opportunity exists”, “budget”, “planned”, “estimates”, “opinion”, “forecasts”, “project”, “protections”, “prospects” “expects”, “believes”, “assumes”, or variations of such words and phrases or statements that certain actions, events or results are “possible”, “may”, “may”, “could” or, “will happen”, “will happen” or “accomplished”, and similar words or opposites of these words and similar words. In addition, any statements that refer to expectations, intentions, assumptions or other aspects of future events or conditions contain forward-looking information. Statements that contain forward-looking information are not historical facts but rather represent management’s expectations, estimates and assumptions about future events or conditions.
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This forward-looking information in this press release includes, but is not limited to, statements regarding the Company’s business; and the Company’s objectives and expectations with respect to the Plan, size, timing, and terms and conditions of the Plan.
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This forward-looking information is based on our opinions, estimates and assumptions based on our experience and perception of historical trends, current conditions and expected future developments, and other factors that we believe are appropriate and reasonable under the circumstances. Despite the careful process of preparing and reviewing forward-looking information, there can be no assurance that the underlying assumptions, estimates and assumptions will prove to be accurate. Certain assumptions include those related to: our ability to build our market share and enter new markets and industry positioning; our ability to attract and retain key personnel; our ability to maintain and expand geographic scope;
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our loan agreement to increase the size of our credit facility on the proposed terms and timing; our ability to carry out our expansion plans; our ability to continue to invest in infrastructure to support our growth; our ability to obtain and maintain existing funds on acceptable terms; our ability to implement profit-making efforts; our ability to maintain the approvals necessary to use our platform across the public sector; currency exchange and interest rates; the impact of inflation and global macroeconomic conditions; the impact of competition; our ability to respond to changes and trends in our industry or the global economy; and changes in laws, regulations, guidelines, and international standards material to the preparation of forward-looking information and management’s expectations.
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Although we have attempted to identify significant risk factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other risk factors that we are not currently aware of or that we believe are not factors that could cause actual results or future events to differ materially from those expressed in such forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events may differ materially from what is expected from such information. No forward-looking statement is a guarantee of future results. Therefore, you should not place undue reliance on forward-looking information, which speaks only as of the date it was made. The forward-looking information contained in this press release represents our expectations as of the date stated herein and may change after that date. However, we disclaim any intention or obligation or promise to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
