Item 1.01 Entry into a Material Definitive Agreement.

Pursuant to the terms of the Amended and Restated Merger Agreement, at the effective time of the Holdings Merger, the limited liability company agreement of Merger Sub, as in effect immediately prior to the effective time of the Holdings Merger, became the limited liability company agreement of the Surviving LLC (the "LLC Agreement") until thereafter amended in accordance with the applicable provisions of the DLLCA and the LLC Agreement. The LLC Agreement is filed as Exhibit 10.1, respectively, and are incorporated herein by reference.

--------------------------------------------------------------------------------

Item 2.01. Completion of Acquisition or Disposition of Assets.

The Offer and any withdrawal rights expired as of one minute after 11:59 p.m., New York City time, at the end of April 5, 2021 (the "Expiration Date"). American Stock Transfer & Trust Co., LLC, the depositary for the Offer (the "Depositary"), advised Parent I and Purchaser that, as of the Expiration Date, an aggregate of 112,888,150 Class A Shares (excluding Shares tendered pursuant to guaranteed delivery procedures that have not yet been "received" (as defined by Section 251(h)(6) of the DGCL) by the Depositary in the Offer, but including Class A Shares issued pursuant to a Pubco Offer Redemption and tendered into the Offer in accordance with Section 2.2(c)(i) of the Amended and Restated Merger Agreement) had been validly tendered and not validly withdrawn pursuant to the Offer. No Class B Shares were tendered into the Offer and, as of the Expiration Date, all outstanding Class C Shares were cancelled in connection with Pubco Offer Redemptions.

The tendered Shares represented approximately 75.2 percent of the aggregate voting power of all issued and outstanding Shares as of the Expiration Date and 71.2 percent of all issued and outstanding Class A Shares and Class B Shares as of the Expiration Date, excluding (for purposes of both the numerator and the denominator of such calculation) any Class A Shares and Class B Shares known by Pluralsight's Chief Executive Officer, Chief Legal Officer or Corporate Secretary to be held by a Company Excluded Party as of such time.

Because all conditions to the Offer were satisfied as of the Consummation Date, Purchaser accepted for payment all Shares validly tendered and not validly withdrawn pursuant to the Offer, and, in accordance with the terms of the Offer, payment for such Shares will be promptly made to the Depositary, which will then transmit such payments to tendering Pluralsight stockholders whose Shares have been accepted for payment.

Following consummation of the Offer, the remaining conditions to the Mergers were satisfied and, on April 6, 2021, pursuant to the terms of the Amended and Restated Merger Agreement and in accordance with Section 251(h) of the DGCL, the Mergers were consummated. Pursuant to the Pluralsight Merger, each Share that was issued and outstanding as of immediately prior to the effective time of the Pluralsight Merger (the "Effective Time") (except as provided in the Amended and Restated Merger Agreement) was cancelled and extinguished and automatically converted into the right to receive cash in an amount equal to the Offer Price, Class B Offer Price and Class C Offer Price, as applicable. Pursuant to the Holdings Merger, each Holdings Unit that was issued and outstanding as of immediately prior to the effective time of the Holdings Merger (except as provided in the Amended and Restated Merger Agreement) was cancelled and extinguished and automatically converted into the right to receive cash in an amount equal to the Offer Price.

In addition, at the Effective Time, the Company RSUs that were unexpired, unexercised, and outstanding as of immediately prior to the Effective Time were treated as follows: (i) each Vested Company RSU was cancelled and automatically converted into the right to receive an amount in cash equal to the product of (A) the aggregate number of Class A Shares subject to the Vested Company RSU, multiplied by (B) the Per Share Price, subject to any required withholding of Taxes (the "Vested RSU Consideration"), and (ii) each Company RSU that was . . .

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or


           Standard; Transfer of Listing.


On April 6, 2021, the Company notified The Nasdaq Stock Market ("Nasdaq") of the occurrence of the Pluralsight Merger and requested that trading in the Class A Shares be suspended and that the Class A Shares be withdrawn from listing on Nasdaq, effective prior to the opening of Nasdaq on April 6, 2021. On April 6, 2021, Nasdaq filed with the SEC a notification of removal from listing on Form 25 to report that the Class A Shares will no longer be listed on Nasdaq. Class A Shares ceased trading on Nasdaq effective prior to the opening of Nasdaq on April 6, 2021. The Company intends to file with the SEC a certification and notice of termination on Form 15 to terminate the registration of the Class A Shares under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and suspend the Company's reporting obligations under Section 13 and Section 15(d) of the Exchange Act.

The information set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 3.03. Material Modification to Rights of Security Holders.

The information set forth in the Introductory Note, Item 2.01, Item 3.01, Item 5.01 and Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.

Item 5.01. Changes in Control of Registrant.

As a result of the consummation of the Offer and the Mergers, a change in control of the Company occurred. Following the consummation of the Pluralsight Merger, the Company became a wholly owned subsidiary of Parent I.

The information set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated herein by reference.

--------------------------------------------------------------------------------

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.


On the date of the Pluralsight Merger, following the completion of the Mergers, the following persons became the only directors of the Surviving Corporation: Aaron Skonnard, Shannon Bracken and Franklin Reis.

The information set forth in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal


           Year.


Pursuant to the terms of the Amended and Restated Merger Agreement, at the Effective Time, the certificate of incorporation and bylaws of the Surviving Corporation were amended and restated to read in their entirety as the certificate of incorporation and bylaws, respectively, of Purchaser as in effect immediately prior to the Effective Time, except that the certificate of incorporation of the Surviving Corporation was amended so that the name of the Surviving Corporation will be "Pluralsight, Inc.". The amended and restated certificate of incorporation and the amended and restated bylaws of the Surviving Corporation are filed as Exhibit 3.1 and Exhibit 3.2, respectively, and are incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On April 6, 2021, the Company issued a press release announcing the completion of the Offer. A copy of this press release is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits




(d) Exhibits.



Exhibit
  No.                                    Description

 2.1          Amended and Restated Agreement and Plan of Merger, dated March 7,
            2021, by and among the Pluralsight Parties and the Buyer Parties
            (incorporated by reference to Exhibit 2.1 to the Form 8-K filed by the
            Company with the SEC on March 8, 2021)

 3.1          Third Amended and Restated Certificate of Incorporation of
            Pluralsight

 3.2          Second Amended and Restated Bylaws of Pluralsight

10.1          Fifth Amended and Restated Limited Liability Company Agreement of
            Pluralsight Holdings

99.1          Press release, dated April 6, 2021 (incorporated by reference to
            Exhibit (a)(5)(D) to the Schedule 14D-9/A filed by the Company with
            the SEC on April 6, 2021)

104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses