SCHEDULE: EVR Funds Disclose 5.3% Stake in PROS Holdings

EVR Research LP and EVR Master Fund, LP have jointly disclosed a 5.3% beneficial ownership stake in PROS Holdings, Inc., including shares issuable from options.

Summary

• EVR Research LP, a Delaware limited partnership, and EVR Master Fund, LP, a Cayman Islands exempted limited partnership, have jointly reported beneficial ownership of 2,550,000 shares of Common Stock in PROS Holdings, Inc.
• This stake represents 5.3% of PROS Holdings, Inc.'s outstanding Common Stock.
• The reported ownership includes 450,000 shares of Common Stock issuable upon the exercise of options.
• The percentage is calculated based on 48,106,454 shares of Common Stock outstanding as of July 24, 2025, as reported in the Company's Quarterly Report on Form 10-Q filed on July 31, 2025.
• The filing was made as a joint acquisition statement pursuant to Rule 13d-1(k).
• Benjamin Wolf Joffe, managing member of the general partner of EVR Research LP, exercises investment discretion with respect to the securities held by EVR Master.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the issuer's performance or prospects. It is a neutral regulatory filing.

Future Outlook

NA

Industry Context

This Schedule 13G filing indicates a significant passive investment by EVR Research LP and EVR Master Fund, LP in PROS Holdings, Inc. Such disclosures are common for institutional investors acquiring a beneficial ownership stake exceeding 5% of a public company's outstanding shares, signaling their investment interest without intent to influence control. This type of filing provides transparency to the market regarding large shareholder positions.

Stakeholder Impact

• Shareholders of PROS Holdings, Inc. gain transparency regarding a new significant institutional investor, which may be viewed positively as a vote of confidence.
• The disclosure provides market participants with information about the ownership structure, potentially influencing trading decisions.

Key Dates

Keywords

PROS Holdings, EVR Research LP, EVR Master Fund LP, Beneficial Ownership, Schedule 13G, Common Stock, Investment Fund, Institutional Investor