SCHEDULE: E2open Merger Closes; Temasek Exits Stake

Temasek and its affiliates have ceased beneficial ownership of E2open Parent Holdings, Inc. common stock following the completion of the previously announced merger, with shareholders receiving $3.30 per share.

Summary

• This filing is Amendment No. 2 to the Schedule 13D originally filed on September 10, 2021, and amended on May 27, 2025, concerning E2open Parent Holdings, Inc. (the "Issuer").
• The previously disclosed mergers were consummated on August 3, 2025, resulting in E2open Parent Holdings, Inc. becoming a wholly-owned subsidiary of "Parent" (WiseTech Global Limited, as per Exhibit 99.2).
• At the effective time of the mergers, each issued and outstanding share of Class A Common Stock, including those held by the Reporting Persons, was automatically cancelled, extinguished, and converted into the right to receive $3.30 per share in cash, without interest.
• As a result of the closing, Temasek Holdings (Private) Limited, Temasek Capital (Private) Limited, Seletar Investments Pte. Ltd., and Aranda Investments Pte. Ltd. (the "Reporting Persons") no longer beneficially own any shares of Class A Common Stock of E2open Parent Holdings, Inc. as of August 3, 2025.

Sentiment

Score: 7

Explanation: The sentiment is positive as the filing confirms the successful completion of a previously announced merger, providing a definitive cash payout to shareholders and a clean exit for the reporting entities. There are no negative surprises or delays reported.

Positives

• The consummation of the merger provides a clear cash exit for shareholders of E2open Parent Holdings, Inc. at a price of $3.30 per share.
• The Reporting Persons have successfully exited their investment in E2open Parent Holdings, Inc. at a defined value.

Negatives

• E2open Parent Holdings, Inc. is no longer a publicly traded company, removing it from public market investment opportunities.
• Shareholders of E2open Parent Holdings, Inc. will no longer participate in any potential future upside of the company's operations.

Risks

• No new risks related to the company's ongoing operations or future challenges are detailed in this filing, as it primarily reports the completion of a transaction.
• The filing explicitly states that none of the Reporting Persons, nor their directors or executive officers listed in Schedule A, have been convicted in a criminal proceeding or been party to a civil proceeding related to securities laws in the last five years.

Future Outlook

This filing primarily reports the completion of a corporate transaction and the cessation of beneficial ownership. As E2open Parent Holdings, Inc. is now a wholly-owned subsidiary, no forward-looking statements or guidance regarding its future operations as a public entity are provided.

Industry Context

This announcement signifies the completion of a take-private transaction for E2open Parent Holdings, Inc., a common occurrence in the technology and supply chain software sectors. Such transactions often occur when a strategic buyer sees value in integrating a company's assets or market position without the complexities of public market reporting, or when private equity seeks to restructure or optimize a business away from public scrutiny. The exit of a significant investor like Temasek through a cash-out merger is a standard outcome in such scenarios.

Comparison to Industry Standards

• The per-share cash consideration of $3.30 represents the final valuation for public shareholders in this specific transaction. Without detailed financial performance metrics or the original merger agreement's valuation rationale within this filing, a direct comparison to industry-standard valuations (e.g., revenue multiples, EBITDA multiples) for similar software or supply chain companies is not feasible.
• The structure of the merger, involving a merger sub and the target becoming a wholly-owned subsidiary, is a standard mechanism for corporate acquisitions and take-private transactions, consistent with practices seen in numerous M&A deals across various industries.

Stakeholder Impact

• Shareholders of E2open Parent Holdings, Inc. received a cash payment of $3.30 per share, concluding their investment in the public entity.
• Employees, customers, and suppliers of E2open Parent Holdings, Inc. will now operate under the ownership and strategic direction of WiseTech Global Limited, a private entity.

Next Steps

• For the Reporting Persons, no further beneficial ownership or reporting obligations related to E2open Parent Holdings, Inc. are indicated.
• E2open Parent Holdings, Inc. will operate as a private entity under its new parent company, WiseTech Global Limited.

Key Dates

Keywords

E2open, Temasek, Merger, Acquisition, Schedule 13D, Beneficial Ownership, Common Stock, Cash Payout, Delisting