Atlassian Explores Redomiciling from the United Kingdom to the United States
February 09 2022 - 4:05PM
Business Wire
Atlassian Corporation Plc (NASDAQ: TEAM), a leading provider of
team collaboration and productivity software, today announced it
has undertaken an exploration of redomiciling its parent holding
company from the United Kingdom to the United States.
Atlassian has always operated with a mindset to drive the best
long-term outcome for its customers, employees, partners, and
shareholders. Atlassian believes moving its parent company to the
United States will increase its access to a broader set of
investors, support inclusion in additional stock indices,
streamline its corporate structure, and provide more flexibility in
accessing capital. Atlassian does not believe this transaction will
result in any significant operational or business model
changes.
The transaction is subject to final approval, including by
Atlassian’s Board of Directors and shareholders. Pending
exploration, Atlassian would aim to close the transaction in the
first half of fiscal year 2023, and will share additional details
in the coming months, including the filing of additional materials
with the U.S. Securities and Exchange Commission.
About Atlassian
Atlassian unleashes the potential of every team. Our team
collaboration and productivity software helps teams organize,
discuss, and complete shared work. Teams at more than 225,000
customers, across large and small organizations - including Bank of
America, Redfin, NASA, Verizon, and Dropbox - use Atlassian’s
project tracking, content creation and sharing, and service
management products to work better together and deliver quality
results on time. Learn more about our products, including Jira
Software, Confluence, Jira Service Management, Trello, Bitbucket,
and Jira Align at https://atlassian.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20220209006019/en/
Investor Relations Contact Martin Lam
IR@atlassian.com
Media Contact Heather McLellan press@atlassian.com
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