secwatch.observer — SEC 8-K summary
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Issuer:     Olo Inc. (—)
CIK:        0001431695
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001140361-25-034771
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Olo Inc. acquired by Thoma Bravo for $10.25 per share, aggregate ~$1.75B
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- All outstanding shares converted to $10.25 cash; total equity value approx $1.75B.
- Class A common stock halted and will be delisted from NYSE; company to deregister.
- Board resigned: Noah Glass, David Cancel, Brandon Gardner, David Frankel, Lee Kirkpatrick, Daniel Meyer, Colin Neville, Linda Rottenberg, Zuhairah Washington.
- New directors Hudson Smith Jr. and Peter Hernandez appointed; CEO Noah Glass stays as officer of surviving corporation.
- Transaction bonuses of $400,000 each paid to Peter Benevides, Joanna Lambert, and Robert Morvillo.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431695/000114036125034771/0001140361-25-034771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431695/000114036125034771/ef20055522_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-034771

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