Moody's Corporation entered into an agreement to acquire 360kompany AG.

Moody's Corporation (NYSE:MCO) entered into an agreement to acquire 360kompany AG on December 2, 2021. In a related transaction, Moody's Corporation (NYSE:MCO) acquired PassFort Limited on December 3, 2021. The transaction is subject to the satisfaction of customary closing conditions, including the expiration or termination of applicable regulatory waiting periods.

On February 28, 2022, Moody's issued 137,959 shares of Common Stock to the Selling Stockholders pursuant to the Share Purchase Agreement. The acquisition of kompany is expected to close in the first quarter of 2022. Martin Prokoph, Sarah Pearce and Carl R. Sanchez of Paul Hastings LLP acted as legal advisor to Moody's. Schoenherr Attorneys acted as legal advisor and BDO acted as an accountant to 360kompany in the transaction.