Short answer
PROGRESS SOFTWARE CORP /MA (PRGS) filed an 8-K current report with the SEC on September 22, 2026 reporting Item 2.01 (Completion of Acquisition or Disposition of Assets), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Progress completed acquisition of Domo’s business intelligence, analytics, data integration and AI assets on September 22, 2026.
PROGRESS SOFTWARE CORP /MA 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.01 · Completion of Acquisition or Disposition of Assets
- Progress completed acquisition of Domo’s business intelligence, analytics, data integration and AI assets on September 22, 2026
- $400 million cash purchase price funded through cash on hand and an existing revolving credit facility
- Acquired substantially all assets and employees, while excluding Domo’s net operating loss carryforwards
- Assumed certain operating liabilities, creating integration and ongoing financial obligations
- Required financial statements and pro forma information will follow in an amended Form 8-K
Item 7.01 · Regulation FD Disclosure
- Exhibit 99.1’s Regulation FD disclosure is furnished, not “filed” under Exchange Act Section 18
- Disclosure generally excluded from incorporation into other SEC filings unless expressly referenced
- No substantive business, financial, or operational information appears in the provided text
Item EX-99.1 · Exhibit EX-99.1
- Acquisition of substantially all Domo AI and data platform assets completed September 22, 2026
- $400M purchase price funded with cash and Progress’ existing revolving credit facility
- Domo adds over 2,400 business customers and global strategic cloud data warehouse partners
- Integration expands Progress’ data platform offerings for governed, secure AI and agentic initiatives
- Financial impact expected on Progress’ third-quarter earnings call September 30 at 5:00 p.m. ET
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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