The company said it completed its merger with Splunk Inc. on March 18, 2024, with Splunk surviving as a wholly owned subsidiary. Each share of Splunk common stock was converted into the right to receive $157.00 in cash.

1. 01

   The company said it completed its merger with Splunk Inc. on March 18, 2024, with Splunk surviving as a wholly owned subsidiary. Each share of Splunk common stock was converted into the right to receive $157.00 in cash.

2. 02

   The company said the aggregate equity value of the Splunk common stock it acquired was approximately $28 billion. A press release also stated that, at $157 per share in cash, the equity value was approximately $28 billion.

3. 03

   The company said unvested Splunk options and RSUs were converted into cash awards equal in value to the Merger Consideration, payable on the same vesting schedule. Vested Splunk options and RSUs were cancelled and converted into the right to receive the Merger Consideration.

4. 04

   The company said it expects the transaction to be cash flow positive (excluding certain acquisition-related items) and non-GAAP gross margin accretive in fiscal 2025, and non-GAAP EPS accretive in fiscal 2026.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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