---
schema_version: "secwatch.filing_event.v1"
accession: "0001505155-22-000003"
form_type: "8-K"
ticker: "UPLD"
cik: "0001505155"
company_name: "Upland Software, Inc."
filed_at: "2022-01-10T23:59:59+00:00"
generated_at: "2026-06-27T19:22:07.623529+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upland Software acquires Objectif Lune for $34.3M total; expects $13M annual revenue, $5.2M EBITDA

## Summary
- Total consideration: $29.0M cash at closing plus $5.3M cash holdback payable in 12 months.
- Expected annual revenue of at least $13.0M, including at least $12.0M recurring revenue.
- Acquisition expected to generate at least $5.2M in Adjusted EBITDA annually and be immediately accretive.
- Contribution of at least $0.3M Adjusted EBITDA in Q1 2022 and at least $2.6M for full-year 2022.
- Deferred revenue discount estimated at $4.0M for remainder of 2022 and $1.0M for 2023 due to GAAP purchase accounting.

## SEC filing metadata
- accession: 0001505155-22-000003
- form_type: 8-K
- ticker: UPLD
- cik: 0001505155
- company_name: Upland Software, Inc.
- filed_at: 2022-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000003/0001505155-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505155/000150515522000003/upld-20220110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001505155-22-000003
- JSON: https://secwatch.observer/filing/0001505155-22-000003.json
- Plain text: https://secwatch.observer/filing/0001505155-22-000003.txt

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