secwatch.observer — SEC 8-K summary
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Issuer:     Performant Healthcare Inc (—)
CIK:        0001550695
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001140361-25-038741
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.03, 5.01, 5.02, 5.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Performant Healthcare acquired by Continental Buyer in $7.75/share all-cash deal; Nasdaq delisting
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- Merger completed on Oct 21, 2025; each share converted to $7.75 cash.
- All outstanding stock options, RSUs, and PRSUs canceled for cash payments based on $7.75.
- Board of directors resigned; David Pierre and TG Ganeshan appointed as directors of surviving corp.
- Company notified Nasdaq of delisting; trading halted; Form 25 and Form 15 to be filed.
- Credit Agreement with Wells Fargo terminated; all obligations paid and liens released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550695/000114036125038741/0001140361-25-038741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550695/000114036125038741/ef20057448_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-038741

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