secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001614178-25-000105
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yext CEO proposes $9.00/share buyout; withdraws FY2026 guidance
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- CEO Michael Walrath submits non-binding proposal to acquire all outstanding shares not already owned at $9.00 per share cash.
- Proposal backed by well-capitalized financing sources; subject to customary confirmatory diligence and negotiation of definitive agreements.
- Board forms Special Committee of independent directors; retains BofA Securities (financial) and Wilson Sonsini (legal).
- Yext expects Q2 FY2026 results within or better than prior guidance; full-year FY2026 guidance withdrawn due to proposal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417825000105/0001614178-25-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417825000105/yext-20250818.htm
  HTML page:      https://secwatch.observer/filing/0001614178-25-000105

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