Logility Supply Chain Solutions, INC

Market Movers (8-K)

Aptean, Inc. has successfully acquired Logility Supply Chain Solutions, Inc. for $14.30 per share in cash, leading to the delisting of Logility's common stock from the Nasdaq Global Select Market.
Capital raise
Logility Supply Chain Solutions, Inc. shareholders approved the merger agreement with Aptean, Inc. on April 3, 2025, paving the way for the completion of the merger expected on April 4, 2025.
Logility Supply Chain Solutions addresses shareholder lawsuits alleging disclosure deficiencies in its proxy statement related to the pending acquisition by Aptean, supplementing the statement with additional information to avoid disruption to the merger.
Logility Supply Chain Solutions' merger with Aptean receives clearance under the UK National Security and Investment Act, moving the deal closer to its expected Q2 2025 closing.
Logility Supply Chain Solutions' merger with Aptean progresses as the Hart-Scott-Rodino Act waiting period expires, moving the deal closer to completion in the second quarter of 2025.
Logility Supply Chain Solutions announces the withdrawal of an unsolicited acquisition proposal and reaffirms its recommendation for shareholders to approve the pending acquisition by Aptean, Inc.

Quarterly Earnings (10-Q)

Logility Supply Chain Solutions reports a slight revenue decrease and operating loss for Q3 2025, overshadowed by its impending acquisition by Aptean.
Worse than expected
Logility Supply Chain Solutions experienced a slight decrease in overall revenue for the quarter ended October 31, 2024, with subscription growth partially offsetting declines in license, maintenance, and professional services revenue.
American Software, Inc. saw a 1% increase in total revenue for the quarter ended July 31, 2024, driven by subscription growth, but net earnings decreased by 25% compared to the same period last year.
Worse than expected
American Software's Q3 results show a decrease in overall revenue, driven by declines in license and services, but with growth in subscription revenue and strategic divestitures.
Worse than expected

Annual Reports (10-K)

American Software, Inc. released its annual 10-K filing, detailing its fiscal year 2024 performance, strategic initiatives, and a plan to reclassify its common stock.
Worse than expected

Insider Trading (Form 4)

Director Lizanne Thomas reports the disposition of common stock and stock options due to the merger of Logility Supply Chain Solutions, Inc. with Update Merger Sub, Inc., a subsidiary of Aptean, Inc.
Thomas L.V. Newberry, a director of Logility Supply Chain Solutions, reports the cancellation of common stock and stock options following the merger with Update Merger Sub, Inc., a subsidiary of Aptean, Inc.
Director James B. Miller Jr. reports the disposal of common stock and stock options due to the merger between Logility Supply Chain Solutions, Inc. and Aptean, Inc.
Celena Matlock, a director at Logility Supply Chain Solutions, reported the disposal of 26,033 common stock shares due to the merger with Update Merger Sub, Inc., where each share was converted into $14.30 in cash.
Matthew G. McKenna, a director of Logility Supply Chain Solutions, reported the disposal of common stock and stock options due to the merger with Aptean, Inc., where Logility became a wholly-owned subsidiary of Aptean.
Director Dennis Hogue reports the disposition of common stock and stock options due to the merger between Logility Supply Chain Solutions and Aptean, Inc.

Proxy Statements (Def-14A)

Logility Supply Chain Solutions has entered into a definitive agreement to be acquired by Aptean, Inc. for $14.30 per share in cash.
Logility Supply Chain Solutions, Inc. has entered into a definitive agreement to be acquired by Aptean for $14.30 per share in cash.
Better than expected
Aptean will acquire Logility in an all-cash transaction for $14.30 per share, representing a significant premium over recent trading prices.
Better than expected
American Software supplements its proxy statement to address voting recommendations on key proposals, particularly urging shareholders to approve the authorization of blank check preferred stock despite opposition from proxy advisory firms.
Capital raise
American Software is asking shareholders to vote on proposals including a reclassification to eliminate its dual-class share structure and the adoption of a new equity compensation plan at its upcoming annual meeting.