---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-022267"
form_type: "8-K/A"
ticker: "SPSC"
cik: "0001092699"
company_name: "SPS COMMERCE INC"
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:49:13.916464+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPS Commerce closes $210M acquisition of Carbon6 Technologies; issues 378,100 shares

## Summary
- Total purchase price ~$210M in cash and stock; 378,100 SPSC shares issued as partial payment.
- Registration Rights and Lock-Up Agreement: 50% shares locked 30 days, remainder 90 days; max 20% daily sales.
- Carbon6 provides software tools for Amazon sellers, specializing in revenue recovery for 1P/3P suppliers.
- CEO Chad Collins says acquisition establishes SPS as a leading provider in the revenue recovery category.

## SEC filing metadata
- accession: 0001193125-25-022267
- form_type: 8-K/A
- ticker: SPSC
- cik: 0001092699
- company_name: SPS COMMERCE INC
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092699/000119312525022267/0001193125-25-022267-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092699/000119312525022267/d933162d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-022267
- JSON: https://secwatch.observer/filing/0001193125-25-022267.json
- Plain text: https://secwatch.observer/filing/0001193125-25-022267.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.