M&A: SPS COMMERCE INC

Form Type: 8-K

Filing Date: 2025-01-02

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525000693

Comments: On December 30, 2024, SPS Commerce, Inc. entered into an Agreement and Plan of Merger to acquire Carbon6 Technologies, Inc. for approximately $210 million, involving a combination of cash and shares. At closing, around 40% of the purchase price will be paid in common stock of SPS Commerce. The acquisition is subject to customary closing conditions, including regulatory approvals. A Registration Rights and Lock-Up Agreement will be established to give Carbon6 investors registration rights for the shares received. A press release was issued on January 2, 2025, announcing this acquisition.

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