secwatch.observer — SEC 8-K summary
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Issuer:     PROS Holdings, Inc. (—)
CIK:        0001392972
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001392972-23-000109
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROS Holdings exchanges $122M of 2024 notes for $116.8M of 2027 notes at 2.25%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/0001392972-23-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392972/000139297223000109/pro-20231010.htm
  HTML page:      https://secwatch.observer/filing/0001392972-23-000109

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