SEMrush Holdings Completes Acquisition by Adobe, Delists from NYSE at $12.00 Per Share
Summary
SEMrush Holdings, Inc. announced the completion of its acquisition by Adobe Inc., resulting in the company's delisting from the NYSE and conversion of shares to $12.00 cash.
Key Events
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Acquisition Completed
Adobe Inc. completed its acquisition of SEMrush Holdings, Inc. on April 28, 2026, as previously announced on November 18, 2025. Each share of Class A common stock was converted into the right to receive $12.00 in cash.
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Delisting from NYSE
The company's Class A Common Stock (SEMR) has been delisted from the New York Stock Exchange, effective prior to market open on April 28, 2026. The company intends to deregister its common stock under the Exchange Act.
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Change in Control and Governance
SEMrush Holdings, Inc. is now a wholly-owned subsidiary of Adobe Inc. All prior directors ceased serving, and new directors were appointed, including Wade Sherman to the board. The company's Certificate of Incorporation and By-laws were amended and restated.
Analysis
This 8-K filing marks the definitive end of SEMrush Holdings, Inc.'s public trading life, as the previously announced acquisition by Adobe Inc. has been completed. Shareholders will receive $12.00 in cash per share, aligning with the current market price. The company's Class A Common Stock has been delisted from the NYSE, and it will become a wholly-owned subsidiary of Adobe. This event fundamentally alters the investment thesis for SEMrush, as it is no longer an independent, publicly traded entity. Investors should note the finality of this transaction and the conversion of their shares into cash.
At the time of this filing, SEMR was trading at $12.00 on NYSE in the Technology sector, with a market capitalization of approximately $1.8B. This filing was assessed with neutral market sentiment and an importance score of 10 out of 10.