secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001445305-22-000059
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva acquires ParsePort for $100M cash to boost European XBRL/ESEF reporting
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- Acquired all equity of Denmark-based ParsePort for $100M in cash, closing simultaneous with signing.
- ParsePort provides XBRL and Inline XBRL conversion software; used by 800+ orgs for ESEF, EBA, EIOPA, ESMA compliance.
- Founders Michael Krog and Kim Eriksen will continue to lead ParsePort under its name.
- Acquisition funded from existing cash on hand; strengthens Workiva's transparent reporting platform in Europe.
- Additional details to be provided on Q1 2022 earnings call May 3, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000059/0001445305-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000059/wk-20220401.htm
  HTML page:      https://secwatch.observer/filing/0001445305-22-000059

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