secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2026-06-17T20:01:58+00:00
Accession:  0001023459-26-000024
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simulations Plus to be acquired by Altaris affiliate for $18.50 per share in all-cash deal
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- Each common share will be converted into $18.50 in cash, representing a premium to the last close.
- Founders Dr. Walter S. Woltosz and Virginia E. Woltosz, holding ~16% of shares, entered a Voting Agreement to support the deal.
- Closing conditions include shareholder approval, HSR clearance, and no financing condition; expected by February 10, 2027.
- Parent termination fee of $26M; Company termination fee of $13M; deal not subject to financing contingency.
- Executive transaction bonuses totaling ~$3.1M, including $822K for CEO Shawn O'Connor, payable upon closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000024/0001023459-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000024/slp-20260615.htm
  HTML page:      https://secwatch.observer/filing/0001023459-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer