secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001345016-26-000007
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Yelp acquires Hatchify for ~$270M in cash; closed Feb 2, 2026
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- Merger consideration: ~$270M cash for all outstanding Hatch stock and options, subject to adjustments.
- Additional $30M in retention packages for Hatch employees, paid over 2-3 years.
- Transaction funded in part via Yelp's revolving credit facility (JPMorgan/Wells Fargo).
- Merger closed on February 2, 2026; Hatch becomes wholly owned subsidiary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501626000007/0001345016-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501626000007/yelp-20260202.htm
  HTML page:      https://secwatch.observer/filing/0001345016-26-000007

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