{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-115148","form_type":"8-K","ticker":"CERT","cik":"0001827090","company_name":"Certara, Inc.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.436060+00:00","generated_at":"2026-06-22T05:51:36.963713+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Arsenal Capital Partners commits $449M to buy ~30M Certara shares at $15/sh; expects 22% ownership","bullets":["Arsenal will acquire ~30M shares from EQT at $15/share, total $449M; subject to HSR regulatory approval.","Post-closing, Arsenal will own ~22% of diluted shares; currently holds ~4%.","Arsenal agrees to two-year lock-up on sale of purchased shares without company approval.","Arsenal to nominate two board members: Steve McLean (current) and David Spaight; EQT's Liu and Waxman to resign.","Board will expand to 11 members; Stockholders Agreement grants Arsenal director nomination rights based on ownership."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-115148","json":"https://secwatch.observer/filing/0001104659-22-115148.json","markdown":"https://secwatch.observer/filing/0001104659-22-115148.md","text":"https://secwatch.observer/filing/0001104659-22-115148.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/tm2229794d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:51:36.963713+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":[{"claim_id":"08fcb6fdb0","claim":"Ethan Waxman departed as Director at Certara, Inc..","evidence_excerpt":"Eric Liu and Ethan Waxman are each expected to resign from the Board following the closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resign"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"915bddbcbf","claim":"David Spaight was appointed as Director at Certara, Inc..","evidence_excerpt":"Arsenal intends to nominate David Spaight to the Board following the closing and the departure of Mssrs. Liu and Waxman from the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"nominated"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"bdc3d3dbf7","claim":"Eric Liu departed as Director at Certara, Inc..","evidence_excerpt":"Eric Liu and Ethan Waxman are each expected to resign from the Board following the closing.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resign"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"0113c915c51617c05bc27bca55254ef2d540cb39","claim":"Certara, Inc. entered into Letter Agreement with Arsenal Capital Partners (affiliate) (effective 2022-11-03).","evidence_excerpt":"The Company entered into a letter agreement, dated as of November 3, 2022 (the “Letter Agreement”), with Arsenal providing that, until the two-year anniversary of the closing, Arsenal will, subject to certain exceptions, be prohibited from transferring the shares of Common Stock that it will acquire in connection with the closing.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Arsenal Capital Partners (affiliate)"},{"label":"Effective","value":"2022-11-03"}],"fact_type":"material_agreement"},{"claim_id":"9d7ca8d6a7f62ebee61808d24147b61bba916f6e","claim":"Certara, Inc. entered into Stockholders Agreement with Arsenal Capital Partners (affiliate) (effective 2022-11-03).","evidence_excerpt":"The Company entered into a Stockholders Agreement, dated as of November 3, 2022 (the “Stockholders Agreement”), with Arsenal.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1827090/000110465922115148/0001104659-22-115148-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Arsenal Capital Partners (affiliate)"},{"label":"Effective","value":"2022-11-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}