SITUATION BRIEF
Cash consideration raised
Alder Peak Holdings amended its acquisition agreement with Cobalt Software, raising cash consideration from $40.00 to $42.00 per share. The shareholder vote is scheduled for October 13.
Interpretation · illustrative
The amended agreement changes the relevant economic terms of the same transaction; it should not become a second situation. The higher offer improves the contractual consideration, but it does not eliminate closing risk.
Documented facts
DEVELOPMENT HISTORY
Timeline
Offer increased to $42.00
The amended agreement supersedes the prior consideration. [2]
Vote scheduled
Shareholders are scheduled to vote on October 13. [2]
Original agreement signed
The original terms specify $40.00 per share. [1]
EVIDENCE LIBRARY
Source excerpts
These excerpts are fictional fixtures, not SEC filings.
[1] 8-K / EX-2.1
Original acquisition agreement
Sep 2, 2026The parties have entered into an agreement for $40.00 per share in cash. Completion is subject to shareholder approval and other conditions. This excerpt is fictional.
[2] 8-K / DEFM14A
Revised consideration and vote date
Sep 20, 2026The amended merger consideration is $42.00 per share in cash. Shareholders will vote on October 13, 2026. This is invented sample text and is not an actual SEC filing.