---
schema_version: "secwatch.filing_event.v1"
accession: "0001392972-25-000126"
form_type: "8-K/A"
ticker: null
cik: "0001392972"
company_name: "PROS Holdings, Inc."
filed_at: "2025-07-01T23:59:59+00:00"
generated_at: "2026-05-18T09:56:19.687944+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PROS Holdings issues $235M 2.50% convertible notes due 2030; corrects capped call terms

## Summary
- Issued $235M aggregate principal of 2.50% convertible senior notes due 2030; initial conversion price $20.48/share.
- Net proceeds ~$48.8M after expenses and $27.9M paid for capped call transactions to reduce dilution.
- Capped calls have strike 35% above reference price and cap 100% above; corrected from prior filing.
- Company also amended credit agreement to waive a specified default and consent to the note issuance.

## SEC filing metadata
- accession: 0001392972-25-000126
- form_type: 8-K/A
- cik: 0001392972
- company_name: PROS Holdings, Inc.
- filed_at: 2025-07-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392972/000139297225000126/0001392972-25-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392972/000139297225000126/pro-20250623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001392972-25-000126
- JSON: https://secwatch.observer/filing/0001392972-25-000126.json
- Plain text: https://secwatch.observer/filing/0001392972-25-000126.txt

## Key facts
- Debt Financings
  PROS Holdings, Inc. incurred convertible notes of $235.0 million in aggregate principal amount at 2.50% maturing 2030.
  - Instrument: convertible notes
  - Principal: $235.0 million in aggregate principal amount
  - Rate: 2.50%
  - Maturity: 2030
  - Event: incurrence
  source text: On June 24, 2025, PROS Holdings, Inc. (the “Company,” “we,” “us” or “our”) issued $235.0 million in aggregate principal amount of 2.50% Convertible Senior Notes due 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392972/000139297225000126/0001392972-25-000126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.