Exhibit 99.1
Imperva Announces Expiration of theGo-Shop Period
REDWOOD SHORES, Calif.—(BUSINESS WIRE)—November 26, 2018— Imperva, Inc. (NASDAQ:IMPV), a cybersecurity leader that deliversbest-in-class solutions to protect data and applicationson-premises, in the cloud, and across hybrid environments, today announced the expiration of the45-daygo-shop period included in the previously announced merger agreement under which Imperva has agreed to be acquired by Thoma Bravo.
During thego-shop period, Imperva and its financial advisor solicited inquiries relating to alternative acquisition proposals from 49 potentially interested parties, six of these parties entered into confidentiality agreements and received access tonon-public information about Imperva. Imperva received one preliminarynon-binding acquisition proposal prior to commencement of due diligence, which was subsequently withdrawn, and as of the expiration of thego-shop period there were no acquisition proposals pending.
Following the expiration of thego-shop period, Imperva became subject to customaryno-shop restrictions that limit its and its representatives’ ability to solicit alternative acquisition proposals from third parties, subject to customary “fiduciary out” provisions.
Imperva continues to expect the transaction to close early in the first quarter of 2019, subject to approval by Imperva’s stockholders and regulatory authorities and the satisfaction of customary closing conditions.
Advisors
Qatalyst Partners is acting as financial advisor to Imperva and Fenwick & West LLP is serving as Imperva’s legal advisor.
Forward-Looking Statements
This press release contains forward-looking statements, including those regarding the anticipated closing date for the transaction. These forward-looking statements are subject to material risks and uncertainties that may cause actual results to differ substantially from expectations. Investors should consider important risk factors, which include that the transaction may not close and the other risks detailed under the caption “Risk Factors” in our Quarterly Report on Form10-Q filed with the Securities and Exchange Commission, or the SEC, on November 5, 2018; and the other risks detailed in our other SEC filings. You can obtain copies of Imperva’s SEC filings on the SEC’s website atwww.sec.gov.
The foregoing information represents Imperva’s expectations as of the date of this press release, and Imperva undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, new developments or otherwise.