secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K
Filed at:   2026-09-29T11:45:32+00:00
Accession:  0001193125-26-406024
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

SoundThinking to be taken private by Transom Capital at $8.00/share cash plus CVR worth up to $3.00
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- Tender offer at $8.00 per share in cash plus one non-transferable CVR worth up to $3.00 per share; merger expected to close in Q4 2026.
- CVR pays $0.50 if 2027 ShotSpotter and SafePointe revenue reaches $73.5M, then $0.05 per $250K-$500K increment up to $87M for the full $3.00.
- Veradace Partners (~15.8% holder) signed a tender and support agreement; Gary M. Lauder and affiliates (~17.0%) will tender and roll equity into Transom Signal Topco.
- Transom Capital Fund IV committed up to $120,630,251 in equity financing; Company termination fee is $4.5M and parent liability is capped at $14.25M.
- CEO Ralph A. Clark receives a $525,000 transaction bonus and CFO Alan R. Stewart $200,000, payable at closing subject to continued employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000119312526406024/0001193125-26-406024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000119312526406024/d107296d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-406024

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