{"schema_version":"secwatch.filing_event.v1","accession":"0001392972-23-000109","form_type":"8-K","ticker":null,"cik":"0001392972","company_name":"PROS Holdings, Inc.","filed_at":"2023-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.841815+00:00","generated_at":"2026-06-10T02:07:00.982353+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"PROS Holdings exchanges $122M of 2024 notes for $116.8M of 2027 notes at 2.25%","bullets":["Exchanged $122M of 1.00% convertible notes due 2024 for $116.8M of 2.250% notes due 2027.","After settlement, $21.7M of 2024 notes and $266.8M of 2027 notes remain outstanding.","New notes mature Sep 15, 2027; initial conversion price ~$41.82 per share.","Issued in private placement under Section 4(a)(2); interest payable semi-annually."],"urls":{"canonical":"https://secwatch.observer/filing/0001392972-23-000109","json":"https://secwatch.observer/filing/0001392972-23-000109.json","markdown":"https://secwatch.observer/filing/0001392972-23-000109.md","text":"https://secwatch.observer/filing/0001392972-23-000109.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/0001392972-23-000109-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/pro-20231010.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T02:07:00.982353+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4836672473ebf4338b67d3db3383fb2c044c86a1","claim":"PROS Holdings, Inc. incurred senior notes of $116.8 million aggregate principal amount at 2.250% maturing September 15, 2027.","evidence_excerpt":"On October 10, 2023, PROS Holdings, Inc. (“ PROS ”) settled the previously announced exchange agreements for the exchange of $122.0 million aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2024 (the “ 2024 Notes ”) for newly issued $116.8 million aggregate principal amount of its outstanding 2.250% Convertible Senior Notes due 2027 (the “ 2027 Notes ”) (the “ Exchanges ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/0001392972-23-000109-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$116.8 million aggregate principal amount"},{"label":"Rate","value":"2.250%"},{"label":"Maturity","value":"September 15, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b99f89e51491e4f7c0a657317bd39e9eab129ded","claim":"PROS Holdings, Inc. entered into a notes offering valued at $122.0 million aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2024 (effective 2023-10-10).","evidence_excerpt":"On October 10, 2023, PROS Holdings, Inc. (“ PROS ”) settled the previously announced exchange agreements for the exchange of $122.0 million aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2024 (the “ 2024 Notes ”) for newly issued $116.8 million aggregate principal amount of its outstanding 2.250% Convertible Senior Notes due 2027 (the “ 2027 Notes ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/0001392972-23-000109-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Value","value":"$122.0 million aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2024"},{"label":"Effective","value":"2023-10-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}