TruBridge to be acquired by IKS Health for $26.25/share in cash

TruBridge, Inc.

Per share cash consideration of $26.25; support agreements cover ~27% of outstanding TruBridge common stock.
Deal expected to close by October 23, 2026, subject to stockholder vote, HSR clearance, and other conditions.
Reverse termination fee of $24.6M payable to TruBridge if IKS fails to obtain Indian shareholder approval for debt financing.
TruBridge termination fee set at $12.3M if it accepts a superior proposal or changes board recommendation.
Combined entity to leverage AI and IKS Health's care enablement platform to serve rural and community hospitals.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TruBridge, Inc. entered into Agreement and Plan of Merger with Inventurus Knowledge Solutions, Inc., IKS Next Horizon, Inc., and Inventurus Knowledge Solutions Limited valued at $26.25 per share (effective 2026-04-23).

Action: entry
Agreement: merger
Counterparty: Inventurus Knowledge Solutions, Inc., IKS Next Horizon, Inc., and Inventurus Knowledge Solutions Limited
Value: $26.25 per share
Effective: 2026-04-23

Exact text from the filing

On April 23, 2026, TruBridge, Inc. (the “ Company ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among the Company, Inventurus Knowledge Solutions, Inc., a Delaware corporation (“ Parent ”), IKS Next Horizon, Inc., a Delaware corporation and wholly owned subsidiary of Parent (“ Merger Sub ”), and solely for certain limited purposes as specified therein, Inventurus Knowledge Solutions Limited, an Indian public limited company (“ TopCo ”), providing for the acquisition of the Company by Parent as described below.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

TruBridge, Inc. entered into Voting and Support Agreement with L6 Holdings Inc., Pinetree Capital Ltd., and Ocho Investments LLC (effective 2026-04-23).

Action: entry
Agreement: merger
Counterparty: L6 Holdings Inc., Pinetree Capital Ltd., and Ocho Investments LLC
Effective: 2026-04-23

Exact text from the filing

Also on April 23, 2026, concurrently with the execution of the Merger Agreement, the Company entered into a Voting and Support Agreement (each, a “ Support Agreement ”) with each of (a) L6 Holdings Inc. (“ L6 ”) and Pinetree Capital Ltd. (“ Pinetree ”) and (b) Ocho Investments LLC (“ Ocho ” and collectively with L6 and Pinetree, the “ Specified Stockholders ”), pursuant to which each Specified Stockholder agreed to, among other things, vote their shares of capital stock of the Company in favor of the adoption of the Merger Agreement.

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TruBridge, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-172139

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