secwatch.observer — SEC 8-K summary
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Issuer:     Qualtrics International Inc. (—)
CIK:        0001747748
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001628280-23-023743
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silver Lake completes $18.15/share acquisition of Qualtrics; stock delisted from Nasdaq
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- Shareholders receive $18.15 cash per share; NASDAQ trading halted and stock delisted as of June 28.
- Qualtrics becomes wholly owned by Silver Lake and CPP Investments; all prior directors replaced by new board.
- Accel invests $500M; BDT & MSD Partners and DFO Management each invest $250M alongside Silver Lake.
- CEO Zig Serafin and founder Ryan Smith express optimism; Qualtrics to operate as an independent private company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747748/000162828023023743/0001628280-23-023743-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747748/000162828023023743/xm-20230628.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-023743

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