secwatch.observer — SEC 8-K summary
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Issuer:     BRIGHTCOVE INC (—)
CIK:        0001313275
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001193125-25-019685
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
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

Brightcove acquired by Bending Spoons for $4.45/share; stock to be delisted from Nasdaq
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- Merger completed on Feb 4, 2025; shareholders receive $4.45 per share in cash.
- All outstanding shares converted; options and RSUs cashed out at $4.45 per share less exercise price.
- Former board (Marc DeBevoise, Diane Hessan, et al.) resigned; replaced by Francesco Patarnello, Douglas Marshall, Sarah Odrezin from Bending Spoons.
- Brightcove requested delisting from Nasdaq and will file Form 15 to suspend SEC reporting.
- Loan agreement with Silicon Valley Bank terminated; all outstanding obligations paid off.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1313275/000119312525019685/0001193125-25-019685-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1313275/000119312525019685/d925360d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-019685

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