{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-089150","form_type":"8-K","ticker":null,"cik":"0001118417","company_name":"MODEL N, INC.","filed_at":"2024-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.348950+00:00","generated_at":"2026-06-04T01:15:27.146678+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Model N to be acquired by Vista Equity Partners for $30/share, ~$1.25B","bullets":["$30.00 per share all-cash consideration, valuing Model N at approximately $1.25 billion.","Premium of ~23% over 30-day VWAP prior to sale process authorization; ~16% over recent VWAP.","Expected to close mid-2024; subject to stockholder approval and HSR clearance.","Upon close, Model N will become a privately held company; shares will no longer be listed.","Board unanimously approved; cites challenges as a standalone public company as rationale."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-089150","json":"https://secwatch.observer/filing/0001193125-24-089150.json","markdown":"https://secwatch.observer/filing/0001193125-24-089150.md","text":"https://secwatch.observer/filing/0001193125-24-089150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1118417/000119312524089150/0001193125-24-089150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1118417/000119312524089150/d766245d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:15:27.146678+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"313b6a0de2603abfc7e5f63f34cbcd259711289b","claim":"MODEL N, INC. entered into Agreement and Plan of Merger with Mountain Parent, LLC and Mountain Merger Sub, Inc. (effective 2024-04-07).","evidence_excerpt":"On April 7, 2024, Model N, Inc., a Delaware corporation (“Model N”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Mountain Parent, LLC, a Delaware limited liability company (“Parent”), and Mountain Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1118417/000119312524089150/0001193125-24-089150-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Mountain Parent, LLC and Mountain Merger Sub, Inc."},{"label":"Effective","value":"2024-04-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}