{"schema_version":"secwatch.filing_event.v1","accession":"0001392972-25-000122","form_type":"8-K","ticker":null,"cik":"0001392972","company_name":"PROS Holdings, Inc.","filed_at":"2025-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.146776+00:00","generated_at":"2026-05-18T19:09:48.559939+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 issues $235M 2.50% convertible senior notes due 2030","bullets":["Issued $235M of 2.50% Convertible Senior Notes due 2030; net cash proceeds ~$48.8M after fees and capped call costs.","Initial conversion rate 48.8293 shares per $1,000 principal, equivalent to ~$20.48 per share.","Paid ~$27.9M for capped call transactions to reduce dilution upon conversion, capped at 150% above June 12 closing price.","Amendment to credit agreement obtained consent from lenders for the notes issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001392972-25-000122","json":"https://secwatch.observer/filing/0001392972-25-000122.json","markdown":"https://secwatch.observer/filing/0001392972-25-000122.md","text":"https://secwatch.observer/filing/0001392972-25-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1392972/000139297225000122/0001392972-25-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1392972/000139297225000122/pro-20250623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T19:09:48.559939+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":"d55b5cefa1d4134815491980a452ceed89328641","claim":"PROS Holdings, Inc. incurred convertible notes of $235.0 million in aggregate principal amount with Wilmington Trust, National Association at 2.50% per year maturing 2030.","evidence_excerpt":"issued $235.0 million in aggregate principal amount of 2.50% Convertible Senior Notes due 2030","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1392972/000139297225000122/0001392972-25-000122-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$235.0 million in aggregate principal amount"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Rate","value":"2.50% per year"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}