secwatch.observer — SEC 8-K summary
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Issuer:     UserTesting, Inc. (—)
CIK:        0001557127
Form:       8-K
Filed at:   2023-01-12T23:59:59+00:00
Accession:  0001104659-23-003385
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thoma Bravo and Sunstone complete $1.3B acquisition of UserTesting at $7.50/share
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- All-cash deal valued at ~$1.3B; stockholders receive $7.50 per share.
- Merger approved by stockholders on Jan 10, 2023: 122.5M for, 4.6M against.
- Trading halted and common stock delisted from NYSE on Jan 12, 2023.
- UserTesting will combine with UserZoom; CEO Andy MacMillan to lead combined company.
- All directors resigned; new directors from Merger Sub appointed; charter and bylaws amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1557127/000110465923003385/0001104659-23-003385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1557127/000110465923003385/tm232919d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-003385

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