SAP Concludes Buyout of Israel-Based WalkMe for $1.5 Billion [Yahoo! Finance]
WalkMe Ltd. - Ordinary Shares (WKME)
Company Research
Source: Yahoo! Finance
This deal represents an approximate 45% premium to WalkMe's closing share price on June 4, 2024, the day when SAP and WalkMe agreed to the binding terms of the acquisition. Following the acquisition, each ordinary and outstanding share of WalkMe has been converted into the right for shareholders to receive $14.00 per share in cash, subject to adjustments. The completion of the acquisition has been officially reported to the Nasdaq stock market, and WalkMe's ordinary shares are expected to be suspended from trading at the close of the market today in anticipation of delisting. Headquartered in Tel Aviv, Israel, WalkMe is known for its innovations in digital adoption platforms. The company enhances and speeds up the effectiveness of digital transformation strategies by promoting user adoption of digital assets. WalkMe's Digital Adoption Platform continuously identifies gaps and issues, guiding users to success without requiring code changes or alterations to existing platforms. Wa
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Earnings
- 5/22/24 - Beat
WKME
Sec Filings
- 9/12/24 - Form S-8
- 9/12/24 - Form S-8
- 9/12/24 - Form S-8
- WKME's page on the SEC website