secwatch.observer — SEC 8-K summary
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Issuer:     MeridianLink, Inc. (—)
CIK:        0001834494
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001834494-25-000045
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MeridianLink Q1 rev $81.5M (+5% YoY); CEO Vlok to step down Oct 1, succeeded by President Katz
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- Q1 revenue $81.5M up 5% YoY; lending software revenue $67.1M up 10% YoY.
- Net loss $(4.7)M; adjusted EBITDA $34.8M (43% of rev); operating cash flow $42.4M (52% of rev).
- FY2025 guidance unchanged: revenue $326-334M, adjusted EBITDA $131.5-137.5M.
- CEO Nicolaas Vlok resigns effective Oct 1, 2025; President Larry Katz named successor; Vlok remains on board.
- Incoming CEO Katz gets $600k base, 100% target bonus, $1.25M RSU grant; Vlok receives retention RSUs and transition benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834494/000183449425000045/0001834494-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834494/000183449425000045/mlnk-20250509.htm
  HTML page:      https://secwatch.observer/filing/0001834494-25-000045

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