Filing excerpt
On December 7, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with International Business Machines Corporation (“IBM”) and Corvo Merger Sub, Inc., a wholly owned subsidiary of IBM, pursuant to which each share of Confluent’s Class A common stock and Class B common stock issued and outstanding will automatically be canceled and converted into the right to receive $31.00 per share in cash, without interest and subject to applicable withholding taxes (the “Merger”).