Acquisition by CISCO FAQs
- I am a BroadSoft shareholder. What happens to my shares? How much per share will I receive?
Each share of BroadSoft common stock has been converted into the right to receive the acquisition consideration of $55.00 per share in cash without interest and subject to all applicable tax withholding when the acquisition is completed.
- When will I receive it?
If you hold electronic shares through a brokerage account (e.g. Schwab, Fidelity, eTrade, etc.), the cash will be deposited in your account within two weeks after the close of the transaction on February 1, 2018.
If you hold a certificate, you will receive a Letter of Transmittal by mail from Computershare, the paying agent for the transaction. Return your completed Letter of Transmittal along with your BroadSoft common stock certificate(s) to Computershare as soon as possible. When you return the completed Letter of Transmittal and your BroadSoft common stock certificate(s), we recommend that you use certified or registered mail, properly insured.
Within 7-10 business days of receipt of your items by Computershare, you should receive a check in the amount of the acquisition consideration to which you are entitled and a summary of your transaction.
- I believe I own shares of BroadSoft but never received the package to turn in my shares, how can I verify my holdings?
Please call Computershare at (866) 305-9582 within the United States, U.S. territories and Canada and (781) 575-2643 outside the United States, U.S. territories and Canada.
- What do I do in regards to income taxes?
The appropriate tax form will be sent to you by your broker.
- Who can I speak to if I have additional questions?
If you have any questions regarding the exchange, please call Computershare at (866) 305-9582 within the United States, U.S. territories and Canada and (781) 575-2643 outside the United States, U.S. territories and Canada.
If you have questions regarding your BroadSoft shares, Cisco IR can be reached at http://investor.cisco.com or call (408) 526-8890.
- On what stock exchange does BroadSoft trade shares?
BroadSoft is listed on the Nasdaq Global Market and trades shares under the ticker BSFT.
- When was BroadSoft's IPO?
BroadSoft's shares began trading publicly on June 16, 2010.
- Can I buy BroadSoft's stock directly from the Company?
BroadSoft does not offer a direct stock purchase plan. Shares of the Company should be purchased through a broker.
- Does BroadSoft pay a dividend?
No, BroadSoft does not pay a dividend at this time.
- What is BroadSoft's fiscal year?
BroadSoft's fiscal year ends December 31st.
Fiscal First Quarter ends 3/31, Fiscal Second Quarter ends 6/30, Fiscal Third Quarter ends 9/30 and Fiscal Fourth Quarter ends 12/31.
- Where are BroadSoft's headquarters located?
9737 Washingtonian Blvd
Gaithersburg, MD 20878
- Who is your transfer agent?
The transfer agent and registrar for the company's common stock is American Stock Transfer & Trust Company. The transfer agent's contact information is:
59 Maiden Lane
New York, NY 10038
6201 15th Avenue
Brooklyn, NY 11219