secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2024-06-18T23:59:59+00:00
Accession:  0001445305-24-000098
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workiva acquires Sustain.Life for $100M in cash, adding carbon accounting platform
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- Total purchase price $100M, subject to customary adjustments; merger closed immediately on June 17, 2024.
- Workiva deposited $10M escrow for seller obligations and $1M for consideration adjustments.
- Sustain.Life shareholders receive pro rata cash consideration; equity awards canceled or accelerated.
- Acquisition strengthens Workiva's ESG reporting capabilities with carbon tracking software.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000098/0001445305-24-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530524000098/wk-20240617.htm
  HTML page:      https://secwatch.observer/filing/0001445305-24-000098

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