secwatch.observer — SEC 8-K summary
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Issuer:     SPS COMMERCE INC (SPSC)
CIK:        0001092699
Form:       8-K/A
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001193125-25-022267
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1092699/000119312525022267/0001193125-25-022267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1092699/000119312525022267/d933162d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-022267

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