secwatch.observer — SEC 8-K summary
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Issuer:     PROS Holdings, Inc. (—)
CIK:        0001392972
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001193125-25-312044
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 2.04, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thoma Bravo completes $1.13B acquisition of PROS Holdings; shares cashed out at $23.25 per share
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- Merger closed Dec 9; shareholders received $23.25 per share in cash; total equity value ~$1.13B.
- 2027 Notes conversion yields cash $555.99 per $1,000 principal; repurchase right expires Jan 7, 2026.
- 2030 Notes conversion yields $1,307.87 per $1,000 principal during make-whole period; repurchase right expires Jan 7, 2026.
- Company stock delisted from NYSE; trading halted Dec 9; Form 15 to deregister and suspend SEC reporting.
- Board resigned; new directors from Thoma Bravo appointed: Jeff Cotten, Stefan Schulz, Damian Olthoff.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392972/000119312525312044/0001193125-25-312044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392972/000119312525312044/d54162d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-312044

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