# Confluent, Inc. (CFLT) — merger/definitive [completed]
Source: SEC API (secapi.ai) · situation sit_b485b3df6790d5a7aa77 · retrieved 2026-08-11T16:02:23.691Z

## Overview
Confluent, Inc. is a data streaming platform that pioneers a fundamentally new category of data infrastructure; its cloud-native offering is designed as the foundational platform for data in motion, enabling real-time data from multiple sources to constantly stream across organizations.

On December 7, 2025, Confluent, Inc. agreed to be acquired by International Business Machines Corporation (IBM) for $31.00 per share in cash, without interest and less applicable withholding taxes. The transaction is structured as a merger in which IBM's wholly owned subsidiary, Corvo Merger Sub, Inc., will merge with and into Confluent, with Confluent surviving as a wholly owned subsidiary of IBM. The $31.00 per share price represents approximately a 35% premium to Confluent's 30-day volume weighted average price as of December 5, 2025. The merger is subject to customary closing conditions, including stockholder approval at a special meeting scheduled for February 12, 2026, and regulatory approvals under the Hart-Scott-Rodino Antitrust Improvements Act and foreign investment laws in specified jurisdictions.

## Terms
- Counterparty: International Business Machines Corporation · Consideration: cash · Premium: 35.0% · Price/share: $31

## Key dates
- Announced 2026-01-09 · Record 2026-01-07 · Vote 2026-02-12 · Completed 2026-03-17

## Timeline
- 2026-01-09 · DEFM14A (0001104659-26-002481): DEFM14A - Confluent, Inc. — *Confluent, Inc. is a data streaming platform that pioneers a fundamentally new category of data infrastructure; its cloud-native offering is designed as the foundational platform for data in motion, enabling real-time data from multiple sources to constantly stream across organizations.* On December 7, 2025, Confluent, Inc. agreed to be acquired by International Business Machines Corporation (IBM) for $31.00 per share in cash, without interest and less applicable withholding taxes. The transaction is structured as a merger in which IBM's wholly owned subsidiary, Corvo Merger Sub, Inc., will merge with and into Confluent, with Confluent surviving as a wholly owned subsidiary of IBM. The $31.00 per share price represents approximately a 35% premium to Confluent's 30-day volume weighted average price as of December 5, 2025. The merger is subject to customary closing conditions, including stockholder approval at a special meeting scheduled for February 12, 2026, and regulatory approvals under the Hart-Scott-Rodino Antitrust Improvements Act and foreign investment laws in specified jurisdictions.
  https://www.sec.gov/Archives/edgar/data/1699838/0001104659-26-002481.txt
- 2026-03-17 · 8-K (0001104659-26-029071): 8-K FORM 8-K
  https://www.sec.gov/Archives/edgar/data/1699838/000110465926029071/tm268826d6_8k.htm

## Citations
- 0001104659-26-002481 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926002481
- 0001104659-26-029071 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926029071