As previously disclosed, on October 11, 2023, Bsquare Corporation (Bsquare), entered into an Agreement and Plan of Merger (the Merger Agreement) with Kontron America, Incorporated, a Delaware corporation (Kontron), and Kontron Merger Sub. Inc., a Delaware corporation and a wholly owned subsidiary of Kontron (Purchaser). Pursuant to the terms of the Merger Agreement, immediately following the Effective Time, each of Robert J. Chamberlain, Richard A. Karp, Ralph C. Derrickson, Ryan Vardeman, Mary Jesse and Bernee D.L. Strom resigned from the Bsquare Board of Directors, and any committee thereof, and Phillip Schulz, Helmut Fischer and Ted Christiansen became directors of Bsquare.