UPLAND SOFTWARE, INC. (NASDAQ:UPLD) Files An 8-K Other EventsItem 8.01 Other Events.
On July13, 2017, Upland Software,Inc. (the “Company” or “Upland”) announced its acquisition of Waterfall International Inc. (“Waterfall”), a California-based cloud-based mobile messaging platform, to an Agreement and Plan of Merger dated July 12, 2017, by and among Upland, Waterfall and certain other parties thereto (the “Merger Agreement”). The purchase price consideration paid was approximately $24.4 million in cash payable at closing (net of cash acquired) and a $1.5 million cash holdback payable in 18 months (subject to indemnification claims). The foregoing excludes additional potential earnout payments tied to performance-based conditions.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits.
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ExhibitNo. |
Description |
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99.1 |
Press Release issued by Upland Software, Inc., dated July 13, 2017 |
Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Upland Software, Inc. ExhibitEX-99.1 2 uplandsoftwareannouncesacq.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Upland Software Announces Acquisition of Waterfall International and Raises 2017 Guidance AUSTIN,…To view the full exhibit click here
About UPLAND SOFTWARE, INC. (NASDAQ:UPLD)
Upland Software Inc. is a provider of cloud-based enterprise work management software. The Company provides a family of cloud-based enterprise work management software applications for the information technology, process excellence, finance, professional services and marketing functions within organizations. Its software applications serve a range of enterprise work management needs, from strategic planning to task execution. It services customers ranging from corporations and Government agencies to small- and medium-sized businesses. Its customers operate in a range of industries, including financial services, retail, technology, manufacturing, education, consumer goods, media, and telecommunications, Government, food and beverage, healthcare and life sciences, chemicals and travel and hospitality. The Company provides a family of cloud-based enterprise work management software applications under the Upland brand.
