Avidxchange Holdings, INC 8-K filings

AvidXchange Holdings, Inc. completed its acquisition by TPG and Corpay for $10.00 per share, transitioning to a private company valued at approximately $2.2 billion.

AvidXchange Holdings, Inc. stockholders overwhelmingly approved the merger agreement with affiliates of TPG Global, LLC and Corpay, Inc. at a special meeting.

AvidXchange Holdings, Inc. announced its second-quarter 2025 financial results, reporting a GAAP net loss and suspending its financial outlook due to a pending acquisition.

AvidXchange Holdings, Inc. announced that all three proposals, including the election of Class I directors, ratification of auditors, and advisory approval of executive compensation, were approved by stockholders at its 2025 annual meeting.

AvidXchange Holdings, Inc. has entered into a definitive agreement to be acquired by an investment fund affiliated with TPG Global, LLC, with Corpay, Inc. as an investor, for $10.00 per share in cash.

AvidXchange reports a 2.2% year-over-year increase in Q1 2025 revenue, impacted by lower transaction volume and higher comparable float and political contributions in Q1 2024.

AvidXchange Holdings, Inc. has agreed to be acquired by TPG in partnership with Corpay for $2.2 billion, with stockholders receiving $10.00 per share in cash.

AvidXchange reports strong Q4 and full-year 2024 financial results, highlighted by healthy revenue growth, improved margins, and positive GAAP earnings per share.

AvidXchange announced strong third-quarter 2024 financial results, marked by significant year-over-year gross and operating margin expansion, leading to an upward revision of their full-year revenue and adjusted EBITDA outlook.

AvidXchange's board of directors has authorized a share repurchase program of up to $100 million, signaling confidence in the company's financial outlook.

AvidXchange Holdings, Inc. has entered into a new $150 million credit agreement, replacing its previous 2022 facility and providing funds for working capital and general corporate purposes.

AvidXchange reported its first GAAP net income profitability in the second quarter of 2024, alongside a 15.3% year-over-year revenue increase.

AvidXchange Holdings successfully held its 2024 annual meeting, electing three Class III directors and ratifying PricewaterhouseCoopers LLP as its independent auditor.

AvidXchange announced strong first quarter 2024 financial results, driven by yield expansion, transaction growth, cost reductions, and disciplined operating expenses, marking the 11th consecutive quarter of surpassing internal expectations.

AvidXchange appoints Arthur J. Rubado and Oni Chukwu to its Board of Directors, following the resignations of Matthew Harris and Wendy Murdock.

AvidXchange announced strong fourth quarter 2023 financial results, driven by transaction growth and yield expansion, exceeding internal expectations for the tenth consecutive quarter.