secwatch.observer — SEC 8-K summary
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Issuer:     KnowBe4, Inc. (—)
CIK:        0001664998
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001193125-23-025770
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vista Equity Partners completes acquisition of KnowBe4 for $24.90/share in cash
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- Total consideration approximately $4.6 billion; shareholders received $24.90 per share in cash.
- Debt financing includes a $1 billion term loan and a $125 million revolving facility.
- KnowBe4 common stock delisted from Nasdaq effective February 1, 2023.
- Board reconstituted with six directors; CEO Stu Sjouwerman remains in his role.
- Transaction closed on February 1, 2023, after stockholder approval on January 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1664998/000119312523025770/0001193125-23-025770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1664998/000119312523025770/d354819d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-025770

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