secwatch.observer — SEC 8-K summary
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Issuer:     PDF SOLUTIONS INC (PDFS)
CIK:        0001120914
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001558370-25-001155
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PDF Solutions to acquire secureWISE business for $130M cash, expects Q1 close
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- Purchase price $130M cash, subject to working capital and other adjustments.
- Expected to close in Q1 2025; board approved.
- Wells Fargo provides debt financing: $45M revolver and $25M term loan.
- Reverse termination fee of $6.5M payable by PDF under certain conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120914/000155837025001155/0001558370-25-001155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120914/000155837025001155/pdfs-20250219x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001155

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