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Palo Alto Networks Inc

Close the proposed acquisition of CyberArk Software Ltd

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
30 Jul 2025
Due
31 Jul 2026
Delivered
11 Feb 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Anticipated to close during the second half of Palo Alto Networks' Fiscal Year 2026 Subject to approval of CyberArk shareholders”
  • SourcePalo Alto Networks Inc Form 8-K press release, 2025-07-30
  • FilingSEC filing index
  • Deadline as statedduring the second half of Palo Alto Networks' Fiscal Year 2026
  • Deadline used31 Jul 2026, the last day of the stated period
  • TypeTransaction
  • Permanent referenceKI-C-2025-PANW-005999
    Cite as https://keptindex.org/c/KI-C-2025-PANW-005999/ — this address never changes.

What we found

Evidence strength A What the grades mean

A later 10-K and an indenture dated February 11, 2026 indicate CyberArk was acquired within fiscal 2026, before the deadline. The filings give no explicit closing date.

  • A
    Palo Alto Networks Inc 10-Q filed 2025-11-20 Regulatory filing · published 20 Nov 2025 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 33cbf9e28261
    “The acquisition is expected to close during the third quarter of our fiscal 2026, subject to the satisfaction of customary closing conditions” ✓ confirmed on the page
  • A
    Palo Alto Networks Inc 10-K filed 2026-09-10 Regulatory filing · published 10 Sep 2026 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 8c7d842368ec
    “First Supplemental Indenture, dated as of February 11, 2026, by and among Palo Alto Networks, Inc., CyberArk Software Ltd. and U.S. Bank Trust Company, National Association.” ✓ confirmed on the page
  • A
    Palo Alto Networks Inc 10-K filed 2026-09-10 Regulatory filing · published 10 Sep 2026 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 8c7d842368ec
    “Since the date of acquisitions, the combined net impact of the Chronosphere and CyberArk acquisitions on our consolidated statements of operations was revenue of $930 million” ✓ confirmed on the page

Market reaction: the shares moved +11.8% against the S&P 500 over the three sessions around the disclosure (9 Sep 2026 to 14 Sep 2026). What this measures

Checked 10 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
Closing of CyberArk Software acquisition
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Conditional
Yes: subject to approval of CyberArk shareholders; subject to satisfaction of customary closing conditions, including applicable regulatory clearances
Depends on
Shareholder, Regulatory, Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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