secwatch.observer — SEC 8-K summary
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Issuer:     PROCORE TECHNOLOGIES, INC. (PCOR)
CIK:        0001611052
Form:       8-K
Filed at:   2026-09-09T20:02:35+00:00
Accession:  0001193125-26-386428
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procore completes $845M cash acquisition of DroneDeploy
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- Closed merger with DroneDeploy on Sept 9, 2026; DroneDeploy now wholly-owned subsidiary.
- Purchase price approximately $845.0 million in cash, subject to working capital and other adjustments.
- Merger agreement originally signed July 27, 2026; closing follows previously announced terms.
- Merger Sub merged with and into DroneDeploy, with DroneDeploy as surviving entity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611052/000119312526386428/0001193125-26-386428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611052/000119312526386428/d59216d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-386428

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