Simulations Plus, Inc. 8-K
Research Summary
AI-generated summary
Simulations Plus Announces Merger Agreement With Altaris Affiliate
What Happened
- On June 16, 2026, Simulations Plus, Inc. announced it entered into an Agreement and Plan of Merger with SP Evolution HoldCo II, LLC (an affiliate of Altaris, LLC) and SP Evolution BidCo II, LLC (Merger Sub). Under the agreement, Merger Sub will merge with and into Simulations Plus, with Simulations Plus surviving as a wholly owned subsidiary of Parent.
- The company furnished a press release about the transaction as Exhibit 99.1 to the Form 8-K and said the full Merger Agreement will be filed as an exhibit to a Current Report on Form 8-K within four business days after June 15, 2026.
Key Details
- Parties: Simulations Plus, Inc.; Parent = SP Evolution HoldCo II, LLC (affiliate of Altaris, LLC); Merger Sub = SP Evolution BidCo II, LLC.
- Date disclosed: June 16, 2026 (press release filed as Exhibit 99.1).
- Transaction form: Merger in which Merger Sub merges into Simulations Plus; Simulations Plus will survive as a wholly owned subsidiary of Parent.
- Merger Agreement to be filed as an exhibit to a Form 8-K within four business days after June 15, 2026.
Why It Matters
- If completed, the transaction will make Simulations Plus a wholly owned subsidiary of the Altaris affiliate, a material corporate ownership change that may affect the company’s governance, reporting, and strategy.
- Investors should watch for the upcoming Form 8-K containing the full Merger Agreement and for subsequent filings that will disclose transaction terms, approvals, timing, and any regulatory or shareholder conditions.
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