Thoma Bravo Completes Acquisition of Dayforce, Inc.; Company Goes Private and Delists

summarizeSummary

Dayforce, Inc. announced the completion of its acquisition by Thoma Bravo for $70.00 per share, resulting in the company going private and its stock being delisted from major exchanges.

check_boxKey Events

• Acquisition Completed

  Dayforce, Inc. has been acquired by affiliates of Thoma Bravo for approximately $12.3 billion, with shareholders receiving $70.00 per share in cash.

• Company Goes Private

  As a result of the merger, Dayforce, Inc. is now a wholly-owned subsidiary of Thoma Bravo, transitioning from a public to a private entity.

• Stock Delisting

  The company's common stock has ceased trading and will be delisted from the New York Stock Exchange and the Toronto Stock Exchange.

• Board and Governance Changes

  All prior directors have departed, and new directors have been appointed. The company's certificate of incorporation and bylaws were amended.

auto_awesomeAnalysis

This 8-K filing confirms the completion of the previously announced acquisition of Dayforce, Inc. by affiliates of Thoma Bravo for $70.00 per share in cash. This event marks a fundamental change for the company, transitioning it from a publicly traded entity to a wholly-owned private subsidiary. Following the merger, Dayforce's common stock will be delisted from both the New York Stock Exchange and the Toronto Stock Exchange, and its reporting obligations under the Exchange Act will terminate. The company's board of directors has been replaced, and its certificate of incorporation and bylaws have been amended. Additionally, convertible notes will now be convertible into cash based on the merger consideration, and existing credit agreements have been terminated and repaid. This finalizes the major corporate event that was anticipated by the 8-K filed on February 2, 2026, which indicated regulatory approvals were received.