secwatch.observer — SEC 8-K summary
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Issuer:     ForgeRock, Inc. (—)
CIK:        0001543916
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001140361-23-040969
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thoma Bravo completes $2.3B acquisition of ForgeRock; combines into Ping Identity
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- Acquisition closed at $23.25 per share in cash; total enterprise value approximately $2.3 billion.
- ForgeRock combined into Ping Identity to enhance identity and access management offerings.
- ForgeRock class A common stock delisted from NYSE; stockholders received $23.25 per share.
- All prior directors replaced by Seth Boro and Kenneth 'Chip' Virnig upon closing of merger.
- Outstanding credit agreement with TriplePoint Venture Growth BDC Corp. repaid and terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1543916/000114036123040969/0001140361-23-040969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1543916/000114036123040969/brhc20057813_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-040969

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