Synopsys, Inc., a leader in electronic design automation, has filed a Form 8-K with the SEC on May 16, 2024, detailing its ongoing merger process with ANSYS, Inc. The merger, previously announced on January 15, 2024, involves Synopsys' subsidiary, ALTA Acquisition Corp., merging with ANSYS, with the latter surviving as a wholly owned subsidiary of Synopsys. The transaction has hit a regulatory snag in China, with the State Administration for Market Regulation indicating that Synopsys must notify them of the transaction despite it being below the merger notification thresholds. The closing of the merger is expected in the first half of 2025, pending Ansys shareholder approval, regulatory approvals, and other customary closing conditions. The Form 8-K also references the effective registration statement on Form S-4, including a prospectus and a proxy statement/prospectus, filed with the SEC on April 17, 2024. Investors and security holders are urged to read these documents, as they contain important information about the proposed transaction.

Synopsys, Inc., a leader in electronic design automation, has filed a Form 8-K with the SEC on May 16, 2024, detailing its ongoing merger process with ANSYS, Inc. The merger, previously announced on January 15, 2024, involves Synopsys' subsidiary, ALTA Acquisition Corp., merging with ANSYS, with the latter surviving as a wholly owned subsidiary of Synopsys. The transaction has hit a regulatory snag in China, with the State Administration for Market Regulation indicating that Synopsys must notify them of the transaction despite it being below the merger notification thresholds. The closing of the merger is expected in the first half of 2025, pending Ansys shareholder approval, regulatory approvals, and other customary closing conditions. The Form 8-K also references the effective registration statement on Form S-4, including a prospectus and a proxy statement/prospectus, filed with the SEC on April 17, 2024. Investors and security holders are urged to read these documents, as they contain important information about the proposed transaction.