Synopsys Enters Material Definitive Agreement

Ticker: SNPS · Form: 8-K · Filed: 2025-03-05T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, filing

Related Tickers: SNPS

TL;DR

Synopsys just signed a big deal, filing an 8-K for it.

AI Summary

On March 3, 2025, Synopsys, Inc. entered into a Material Definitive Agreement. The filing also includes financial statements and exhibits related to this agreement. The specific details of the agreement and the financial implications are not fully disclosed in the provided text, but it is classified as a significant event requiring an 8-K filing.

Why It Matters

This filing indicates a significant business transaction for Synopsys, Inc., which could impact its financial performance and strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, suggesting a significant event, but the lack of specific details about the agreement's nature and terms prevents a definitive risk assessment.

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement entered into by Synopsys, Inc. on March 3, 2025?

The provided text states that Synopsys, Inc. entered into a Material Definitive Agreement on March 3, 2025, but does not specify the nature of this agreement.

What are the key financial terms or implications of this Material Definitive Agreement?

The filing mentions financial statements and exhibits are included, but the specific financial terms or implications of the Material Definitive Agreement are not detailed in the provided excerpt.

Does this 8-K filing reveal any new financial guidance or outlook for Synopsys, Inc.?

The filing is an 8-K reporting a Material Definitive Agreement and includes financial statements and exhibits, but it does not explicitly provide new financial guidance or outlook.

Who are the other parties involved in the Material Definitive Agreement with Synopsys, Inc.?

The provided text does not disclose the names of any other parties involved in the Material Definitive Agreement with Synopsys, Inc.

What is the significance of the 'Item Information: Entry into a Material Definitive Agreement' for Synopsys, Inc.?

This indicates that Synopsys, Inc. has entered into a significant contract or transaction that is considered material to the company, requiring public disclosure via an 8-K filing.

From the Filing

0001140361-25-007237.txt : 20250305 0001140361-25-007237.hdr.sgml : 20250305 20250305171849 ACCESSION NUMBER: 0001140361-25-007237 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250303 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250305 DATE AS OF CHANGE: 20250305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYNOPSYS INC CENTRAL INDEX KEY: 0000883241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 561546236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19807 FILM NUMBER: 25712441 BUSINESS ADDRESS: STREET 1: 675 ALMANOR AVE CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 6505845000 MAIL ADDRESS: STREET 1: 675 ALMANOR AVE CITY: SUNNYVALE STATE: CA ZIP: 94085 8-K 1 ny20044174x6_8k.htm 8-K false SYNOPSYS INC 0000883241 675 ALMANOR AVE SUNNYVALE NASDAQ 0000883241 2025-03-03 2025-03-03 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 3, 2025 SYNOPSYS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware   000-19807   56-1546236 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification Number) 675 Almanor Ave. Sunnyvale , California 94085 (Address of Principal Executive Offices) (Zip Code) ( 650 ) 584-5000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Class   Trading Symbol(s)   Name of each exchange on which registered Common Stock (par value of $0.01 per share)   SNPS   Nasdaq Global Select Market           Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01. Entry Into a Material Definitive Agreement. On March 3, 2025, Synopsys, Inc. (“ Synopsys ”) entered into an underwriting agreement (the “ Underwriting Agreemen t”) with BofA Securities, Inc., HSBC Securities (USA) Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein (collectively, the “ Underwriters ”), providing for its underwritten public offering (the “ Notes Offering ”) of $1,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2027 (the “ 2027 Notes ”), $1,000,000,000 aggregate principal amount of its 4.650% Senior Notes due 2028 (the “ 2028 Notes ”), $2,000,000,000 aggregate principal amo

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