Palo Alto Networks Reports Early HSR Termination for CyberArk Merger
Summary
Palo Alto Networks, Inc. (PANW) and CyberArk Software Ltd. (CyberArk) announced the early termination of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 waiting period on September 24, 2025. This development advances the previously disclosed merger agreement from July 30, 2025, under which CyberArk will become a wholly owned subsidiary of PANW. The merger's closing remains contingent on other required regulatory clearances, approval by CyberArk shareholders, and customary closing conditions.
Why It Matters
The early termination of the HSR waiting period is a material step forward in the proposed merger between PANW and CyberArk, removing a significant regulatory hurdle and signaling progress towards the transaction's completion.
Key Quote
“On September 24, 2025, the parties received early termination of the HSR Waiting Period.”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001327567
- Filing Date
- Thursday, September 25, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral