{"filing":{"accession_number":"0001552781-26-000390","cik":"0000876167","ticker":"PRGS","company_name":"PROGRESS SOFTWARE CORP /MA","form":"8-K","filing_date":"2026-07-22","report_date":null,"primary_document":"e26303_prgs-8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/876167/000155278126000390/e26303_prgs-8k.htm"},"events":[{"id":19574,"run_id":17608,"accession_number":"0001552781-26-000390","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"summary":"Progress Software entered into an Asset Purchase Agreement to acquire substantially all assets and employees of Domo's AI and Data Platform Business for approximately $400 million, with closing expected in fiscal Q4 2026. The transaction adds ~2,400 customers and is subject to customary closing conditions including HSR approval and Domo stockholder approval.","company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","filing_date":"2026-07-22","form":"8-K","submitted_at":null,"items":[{"id":18694,"accession_number":"0001552781-26-000390","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Progress Software entered into an Asset Purchase Agreement to acquire substantially all assets and employees of Domo's AI and Data Platform Business for approximately $400 million, with closing expected in fiscal Q4 2026. This is a material acquisition disclosed under Item 1.01 (Entry into a Material Definitive Agreement), representing a significant strategic transaction that expands Progress's data platform portfolio and adds ~2,400 customers. The transaction is subject to customary closing conditions including HSR approval and Domo stockholder approval, with a Voting and Support Agreement securing controlling stockholder commitment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"","ticker":null,"filing_date":""},{"id":18695,"accession_number":"0001552781-26-000390","item_number":"2.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Progress Software announced entry into an agreement to acquire substantially all assets and assume certain liabilities of Domo's AI and data platform business for $400 million cash. This is a material acquisition disclosed in Item 2.02 via press release (Exhibit 99.1), representing a significant strategic transaction that expands Progress' data platform portfolio and adds ~2,400 customers. The transaction is expected to close in fiscal Q4 2026 and constitutes a material M\u0026A activity under Item 1.01/2.01 standards.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"","ticker":null,"filing_date":""},{"id":18696,"accession_number":"0001552781-26-000390","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Progress Software announced execution of a Purchase Agreement to acquire substantially all assets and assume certain liabilities of Domo's AI and Data Platform Business for $400 million cash. The filing explicitly states \"The Press Release also announced the execution of the Purchase Agreement\" and describes this as a material acquisition that \"aligns with Progress' strategy\" and represents \"continued execution of Progress' Total Growth Strategy.\" This is a clear entry into a material acquisition transaction requiring Item 7.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":18694,"accession_number":"0001552781-26-000390","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Progress Software entered into an Asset Purchase Agreement to acquire substantially all assets and employees of Domo's AI and Data Platform Business for approximately $400 million, with closing expected in fiscal Q4 2026. This is a material acquisition disclosed under Item 1.01 (Entry into a Material Definitive Agreement), representing a significant strategic transaction that expands Progress's data platform portfolio and adds ~2,400 customers. The transaction is subject to customary closing conditions including HSR approval and Domo stockholder approval, with a Voting and Support Agreement securing controlling stockholder commitment.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","filing_date":"2026-07-22"},{"id":18695,"accession_number":"0001552781-26-000390","item_number":"2.02","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Progress Software announced entry into an agreement to acquire substantially all assets and assume certain liabilities of Domo's AI and data platform business for $400 million cash. This is a material acquisition disclosed in Item 2.02 via press release (Exhibit 99.1), representing a significant strategic transaction that expands Progress' data platform portfolio and adds ~2,400 customers. The transaction is expected to close in fiscal Q4 2026 and constitutes a material M\u0026A activity under Item 1.01/2.01 standards.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","filing_date":"2026-07-22"},{"id":18696,"accession_number":"0001552781-26-000390","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Progress Software announced execution of a Purchase Agreement to acquire substantially all assets and assume certain liabilities of Domo's AI and Data Platform Business for $400 million cash. The filing explicitly states \"The Press Release also announced the execution of the Purchase Agreement\" and describes this as a material acquisition that \"aligns with Progress' strategy\" and represents \"continued execution of Progress' Total Growth Strategy.\" This is a clear entry into a material acquisition transaction requiring Item 7.01 disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-22T20:24:21.828448+00:00","company_name":"PROGRESS SOFTWARE CORP /MA","ticker":"PRGS","filing_date":"2026-07-22"}]}
