VANCOUVER, BC, Aug. 4, 2022
/PRNewswire/ - Thinkific Labs Inc. ("Thinkific" or the
"Company") (TSX: THNC), a leading cloud-based software
platform that enables entrepreneurs and established businesses of
all sizes to create, market and sell online learning products,
announces today that Lisa Shields, a
member of the Board of Directors, has stepped down from the Board,
effective August 4th.
Ms. Shields was appointed a Director of Thinkific in
July 2020. A highly valued board
member, she was a guiding force for Thinkific as it went through
the IPO process. In this planned transition, Ms. Shields will be
focusing on leading Fi.SPAN, where she serves as Executive
Chair.
"On behalf of the Board and the whole team at Thinkific, I would
like to thank Lisa for her thoughtful and impactful guidance and
stewardship as a member of our board," said Fraser Hall, Chair of Thinkific's Board of
Directors. "Since joining the Board, Lisa has provided invaluable
insight related to scaling and building successful
Software-as-a-Service companies, and most importantly providing us
the benefit of her experience and expertise in building out our
payments solutions."
Thinkific is committed to delivering strong corporate
governance, and will continue to bolster its Board of Directors
with members who enhance the already deep skill set represented by
the existing Board members.
About Thinkific
Thinkific (TSX:THNC) makes it simple for entrepreneurs and
established businesses of any size to scale and generate
revenue by teaching what they know. Our platform gives businesses
everything they need to build, market, and sell online courses and
other learning products, and to run their business seamlessly under
their own brand, on their own site. Thinkific's 50,000 active
creators earn hundreds of millions of dollars in direct course
sales while teaching tens of millions of students. Thinkific is
headquartered in Vancouver,
Canada, with a distributed team.
For more information, please visit www.thinkific.com.
This news release includes forward-looking statements and
forward–looking information within the meaning of applicable
securities laws ("forward-looking statements"). Forward-looking
statements are based on Thinkific's current expectations,
estimates, projection and assumptions that were made by the company
in light of its information available at the time the statement was
made and considres Thinkific's experience and its perception of
trends. Forward-looking statements in this news release include
statements regarding Thinkific's commitment towards strong
corporate governance; the Company's plans related to the potential
addition of a new board director and the expected benefits of the
board director's experience and skillset as a member of the board
of directors and the expected benefits the board director may bring
to position the company for greater success and value creation in
the future. Although Thinkific's management believes that the
assumptions underlying these statements and information are
reasonable, they may prove to be incorrect. Except as required by
applicable securities laws, forward–looking statements and
information speak only as of the date on which they are made and
Thinkific undertakes no obligation to publicly update or revise any
forward–looking statement or information, whether as a result of
new information, future events or otherwise.
Forward-looking statements and information are not guarantees
of future performance and involve a number of risks and
uncertainties, some that are similar to other companies with online
learning products and some that are unique to Thinkific.
Thinkific's actual results may differ materially from those
expressed or implied by its forward-looking statements, so readers
are cautioned not to place undue reliance on them.
Thinkific's Management's Discussion and Analysis for the
second quarter of 2022 dated August 4,
2022 and its Annual Information Form to Shareholders dated
February 23, 2022 and other
documents it files from time to time with securities regulatory
authorities describe the risks, uncertainties, material assumptions
and other factors that could influence actual results and such
factors are incorporated herein by reference. Copies of these
documents are available on SEDAR.
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SOURCE Thinkific Labs Inc.
