SCHEDULE: E2open Merger Closes: Shareholders Receive $3.30 Cash
Schedule 13D Amendment
E2open Parent Holdings, Inc. completed its merger on August 4, 2025, with all outstanding shares converted to $3.30 cash per share.
Summary
- E2open Parent Holdings, Inc. completed its merger on August 4, 2025.
- All issued and outstanding Class A Common Stock shares were cancelled and converted into the right to receive $3.30 in cash per share, without interest.
- The Reporting Persons (Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman) had their 19,058,482 shares cancelled in the merger.
- These shares included 9,155,078 shares for PRA Master Fund, 4,354,159 for Systematic Master Fund, 1,131,455 for Relative Value Master Fund, and 4,417,790 for two Managed Accounts.
- Following the merger, the Reporting Persons beneficially own 0 shares of E2open Parent Holdings, Inc.
Sentiment
Score: 6
Explanation: The filing confirms the successful completion of the merger and the conversion of shares into cash at the stated price, representing a successful exit for the reporting shareholders.
Positives
- Reporting Persons successfully converted their equity holdings into cash at the agreed-upon merger price of $3.30 per share.
- The merger provides a definitive cash exit for shareholders.
Negatives
- Reporting Persons no longer hold an equity interest in E2open Parent Holdings, Inc.
- Shareholders no longer participate in any potential future upside of the company.
Future Outlook
NA
Industry Context
This filing reflects a specific corporate action (merger completion) for E2open Parent Holdings, Inc. and does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders of E2open Parent Holdings, Inc. received a cash payment of $3.30 per share for their holdings.
Key Dates
| Date | Description |
|---|---|
| 12/22/2022 | Date of Limited Power of Attorney for David J. Snyderman. |
| 06/16/2025 | Date of previous Schedule 13D filing. |
| 08/04/2025 | Date of merger consummation, requiring this filing. |
| 08/06/2025 | Date of this Schedule 13D Amendment filing and Joint Filing Agreement. |
Keywords
E2open, Merger, Acquisition, Cash Payout, Schedule 13D, Magnetar, Common Stock, Share Cancellation, Financial Reporting
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