Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · SPS Commerce (SPSC)

SPS Commerce buys SupplyPike for about $206 million, issuing 404,587 shares

Mixed Impact 4 of 5 m&a Written later

SPS Commerce acquired SupplyPike, a provider of automated invoice deduction management software, in a deal the 8-K puts at approximately $206 million in cash and shares. The company issued 404,587 common shares to SupplyPike's investors and agreed to lock-up terms that restrict their sales. The company expects the deal to add revenue but to reduce Adjusted EBITDA in fiscal 2024, with breakeven expected in fiscal 2025.

Key points

  • Total consideration of approximately $206 million, including about $119 million in cash and $87 million in SPS Commerce stock per the press release
  • 404,587 shares of common stock issued to SupplyPike investors; 50% locked up 30 days after closing and 50% locked up 90 days after closing
  • Company expects about $3.0 million of added revenue in Q3 2024 and about $8.0 million for fiscal 2024, with Adjusted EBITDA reduced by about $750,000 in Q3 and $1.5 million for fiscal 2024
  • Company expects about $25.0 million of added revenue in fiscal 2025 and Adjusted EBITDA breakeven; more detail, including amortization, is due with Q3 results in October 2024

The filing

CompanySPS Commerce (SPSC)
Form8-K, current report
Filed with the SECAug 1, 2024, 8:25 AM ET
Accession number0001092699-24-000066

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.