{"schema_version":"secwatch.filing_event.v1","accession":"0000876167-25-000004","form_type":"8-K/A","ticker":"PRGS","cik":"0000876167","company_name":"PROGRESS SOFTWARE CORP /MA","filed_at":"2025-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.580671+00:00","generated_at":"2026-05-28T06:00:23.192847+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Progress Software: ShareFile generated $183.6M revenue, $5.5M operating shortfall","bullets":["ShareFile revenues of $183.6M vs direct expenses $189.1M, resulting in $5.5M shortfall for 9 months ended Sep 1, 2024.","Net assets acquired of $239.1M included $310.8M intangible assets and $98.3M liabilities assumed.","Progress paid $852.7M cash at closing (after $25M working capital credit) for the ShareFile business.","Unaudited pro forma combined financials for Progress and ShareFile filed as Exhibit 99.2.","No earnouts or contingent consideration in the ShareFile acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0000876167-25-000004","json":"https://secwatch.observer/filing/0000876167-25-000004.json","markdown":"https://secwatch.observer/filing/0000876167-25-000004.md","text":"https://secwatch.observer/filing/0000876167-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000004/0000876167-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876167/000087616725000004/prgs-20241031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T06:00:23.192847+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}