secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2026-10-06T20:15:16+00:00
Accession:  0001023459-26-000092
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Simulations Plus closes $376.8M Altaris take-private at $18.50/share; combined with Chemical Computing Group
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- Each outstanding share converted into the right to receive $18.50 in cash; total transaction valued at approximately $376.8 million.
- Simulations Plus became a wholly owned subsidiary of SP Evolution HoldCo II; shares ceased trading on Nasdaq as of October 6, 2026.
- Simulations Plus is being combined with Chemical Computing Group, an Altaris portfolio company, and will keep its own name and brand.
- Directors Daniel Weiner, Walter Woltosz, John Paglia and Sharlene Evans left the board; Matteo Foderaro and Charles Mullens became directors; Paul Labute named President.
- All options vested and were cashed out at the $18.50 consideration (in-the-money options only) and the 2021 Equity Incentive Plan was terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000092/0001023459-26-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000092/slp-20261006.htm
  HTML page:      https://secwatch.observer/filing/0001023459-26-000092

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