---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-029071"
form_type: "8-K"
ticker: null
cik: "0001699838"
company_name: "Confluent, Inc."
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:31:59.854950+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# IBM completes $31/share acquisition of Confluent, enterprise value ~$11B

## Summary
- IBM acquired Confluent for $31.00 per share in cash; enterprise value approximately $11 billion.
- Merger closed March 17, 2026; Confluent now a wholly owned subsidiary of IBM.
- Convertible senior notes adjusted: each $1,000 principal now convertible into cash based on $31.00 per share.
- All Confluent directors and officers (including CEO Jay Kreps) ceased; replaced by IBM appointees.
- Confluent Class A common stock delisted from Nasdaq; registration to be terminated.

## SEC filing metadata
- accession: 0001104659-26-029071
- form_type: 8-K
- cik: 0001699838
- company_name: Confluent, Inc.
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.01, 2.04, 3.01, 3.03, 5.03, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1699838/000110465926029071/0001104659-26-029071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1699838/000110465926029071/tm268826d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-029071
- JSON: https://secwatch.observer/filing/0001104659-26-029071.json
- Plain text: https://secwatch.observer/filing/0001104659-26-029071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.