SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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|Item 8.01.||Other Events.|
On December 21, 2020, Virtusa Corporation, a Delaware corporation (the “Company”), received written notice from the Committee on Foreign Investment in the United States (“CFIUS”) that it had concluded its review under Section 721 of the Defense Production Act of 1950, as amended, of the previously announced merger of Austin BidCo Inc., a Delaware corporation (“Sub”), with and into the Company pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated September 9, 2020, among the Company, Austin HoldCo Inc., a Delaware Corporation and an entity wholly owned by funds affiliated with Baring Private Equity Asia, and Sub (the “Merger”). CFIUS determined that there are no unresolved national security concerns with respect to the Merger.
Receipt of the CFIUS clearance satisfies a certain condition to the closing of the Merger. The closing of the Merger remains subject to the satisfaction or waiver of the remaining conditions to the Merger set forth in the Merger Agreement.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: December 23, 2020||Virtusa Corporation|
|By:||/s/ Ranjan Kalia|
|Title:||Chief Financial Officer|
|(Principal Financial and Accounting Officer)|