Upland Software Announces Waiver of Series A Preferred Stock Dividends

AUSTIN, Texas–(BUSINESS WIRE)–Upland Software, Inc. (Nasdaq: UPLD) (“Upland” or the “Company”) announced that Ulysses Aggregator, LP., an affiliate of HGGC, LLC (“HGGC”), the holder of the Company’s Series A Convertible Preferred Stock (the “Series A Preferred Stock”), has agreed to waive the accumulation and accrual of dividends on the Series A Preferred Stock for an indefinite period, effective October 1, 2026. The Dividend Waiver Agreement underscores HGGC’s support for the long-term plan

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