Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Tenable Holdings, Inc. entered into Purchase Agreement with Ermetic Ltd., each of the shareholders of Ermetic identified in the Purchase Agreement or joined to the Purchase Agreement pursuant to a joinder agreement (collectively, the "Sellers"), and Shareholder Representative Services LLC valued at approximately $265 million (effective 2023-09-07).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Ermetic Ltd., each of the shareholders of Ermetic identified in the Purchase Agreement or joined to the Purchase Agreement pursuant to a joinder agreement (collectively, the "Sellers"), and Shareholder Representative Services LLC
- Value
- approximately $265 million
- Effective
- 2023-09-07
Exact text from the filing
On September 7, 2023, Tenable, Inc., a Delaware corporation (“Purchaser”) and a wholly owned subsidiary of Tenable Holdings, Inc., a Delaware corporation (“Tenable”), entered into a share purchase agreement (the “Purchase Agreement”) with Ermetic Ltd., a company organized under the laws of the State of Israel (“Ermetic”), each of the shareholders of Ermetic identified in the Purchase Agreement or joined to the Purchase Agreement pursuant to a joinder agreement (collectively, the “Sellers”), and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as the representative, agent and attorney-in-fact of the indemnitors under the Purchase Agreement, pursuant to which Purchaser will acquire all of the outstanding share capital of Ermetic (the “Acquisition”) and Ermetic will continue as a wholly-owned subsidiary of Purchaser and indirect subsidiary of Tenable. The aggregate purchase price for the Acquisition is approximately $265 million, payabl
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