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Synopsys | 425: Filing under Securities Act Rule 425 of certain prospectuses and communications in connection with business combination transactions

SEC announcement · Mar 20 16:35

SNPS +2.56%

Summary by Moomoo AI

On March 20, 2024, Synopsys, Inc., a Delaware-incorporated company listed on the Nasdaq Global Select Market under the symbol SNPS, filed a Form 8-K with the U.S. Securities and Exchange Commission. The report announced the successful hosting of an investor day on the same date, featuring presentations by President and CEO Sassine Ghazi, CFO Shelagh Glaser, and other senior management members. The event's webcast replay and presentation slides are available on the company's Investor Relations website. Additionally, Synopsys disclosed the Board of Directors' approval to initiate the sale process of its Software Integrity business, following a strategic portfolio review. This decision was also communicated during the investor day. The company further provided information about a proposed transaction with Ansys, including a preliminary registration statement filed on March 14, 2024, and a proxy statement/prospectus. Investors and security holders are urged to read these documents, available on the SEC's website and the companies' respective websites, for detailed information about the proposed transaction. The report also contained forward-looking statements regarding the transaction's potential benefits and the future outlook for Synopsys and Ansys.

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This announcement is a separate document:

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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