PROS Holdings (PRO) has disclosed a new risk, in the Corporate Activity and Growth category.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
PROS Holdings faces significant risks related to the proposed Merger with Parent and Merger Sub, as outlined in their recent agreement. The completion of the Merger is contingent upon various conditions, including stockholder and regulatory approvals, which are beyond the company’s control. Failure to meet these conditions could lead to delays or termination of the Merger, adversely affecting PROS Holdings’ stock price and financial stability. Additionally, the company has already incurred substantial costs related to the Merger, which may not be recovered if the transaction does not proceed as planned.
Overall, Wall Street has a Hold consensus rating on PRO stock based on 7 Holds.
To learn more about PROS Holdings’ risk factors, click here.