secwatch.observer — SEC 8-K summary
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Issuer:     Couchbase, Inc. (—)
CIK:        0001845022
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001140361-25-035929
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Haveli Investments completes $1.5B all-cash acquisition of Couchbase; stock delisted
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- Acquisition by Haveli Investments completed at $24.50 per share in cash, aggregate ~$1.5B.
- Couchbase common stock ceased trading on Nasdaq; delisting and deregistration filed.
- All outstanding Couchbase RSUs and options cancelled/converted to cash based on $24.50/share.
- New credit facilities entered: $150M Holdco term loan and $450M Opco term loan plus $40M revolver.
- Entire board replaced; directors resigned, Brian Sheth and Sumit Pande appointed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845022/000114036125035929/0001140361-25-035929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845022/000114036125035929/ef20055964_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-035929

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