---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-004459"
form_type: "8-K"
ticker: "YEXT"
cik: "0001614178"
company_name: "Yext, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:36:47.108997+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Yext CEO withdraws $9/share buyout bid; company plans $150M self-tender

## Summary
- CEO Michael Walrath withdraws non-binding proposal to acquire Yext at $9.00/share due to inability to secure financing.
- Board authorizes Dutch auction self-tender to repurchase $150M of common stock, expected to commence in February 2026.
- Walrath remains CEO, cites AI-driven demand and expresses confidence in Yext's future as a public company.
- Self-tender funded partly by debt; conditions include a financing condition before expiration.
- Special Committee of independent directors conducted comprehensive review of strategic alternatives since August 2025.

## SEC filing metadata
- accession: 0001628280-26-004459
- form_type: 8-K
- ticker: YEXT
- cik: 0001614178
- company_name: Yext, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614178/000162828026004459/0001628280-26-004459-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614178/000162828026004459/yext-20260202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-004459
- JSON: https://secwatch.observer/filing/0001628280-26-004459.json
- Plain text: https://secwatch.observer/filing/0001628280-26-004459.txt

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