SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment
No. 3 to
SCHEDULE
TO
Tender Offer Statement under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
YEXT,
INC.
(Name of Subject Company (Issuer))
Yext,
Inc.
(Names of Filing Persons (Issuer and Offeror))
Common
Stock, par value $0.001 per share
(Title of Class of Securities)
98585N106
(CUSIP Number of Class of Securities)
Michael Walrath
Chief Executive Officer
Yext, Inc.
61 Ninth Avenue
New York, NY 10011
(212) 994-3900
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Filing Person)
Copies to:
Michael C. Labriola
Wilson Sonsini Goodrich & Rosati,
P.C.
1700 K Street NW, Fifth Floor
Washington, DC 20006-3814
(202) 973-8800
Marisa D. Stavenas
Patrick M. Baron
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, NY 10017
(212) 455-2000
| ¨ | Check box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Check the appropriate boxes to designate any transactions to which
the statement relates:
| ¨ | third-party tender offer subject to Rule 14d-1 |
| x | issuer tender offer subject to Rule 13e-4 |
| ¨ | going-private transaction subject to Rule 13e-3 |
| ¨ | amendment to Schedule 13D under Rule 13d-2 |
Check the following box if the filing is a final amendment reporting
the results of the tender offer. ¨
If applicable, check the appropriate box(es) below to designate the
appropriate rule provision(s) relied upon:
| ¨ | Rule 13e-4(i) (Cross-Border Issuer Tender Offer) |
| ¨ | Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)
|
This Amendment No. 3 (this “Amendment”)
amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission by Yext,
Inc. (“Yext,” or the “Company”) on February 10, 2026, as amended and supplemented by Amendment No.
1 on February 23, 2026 and Amendment No. 2 on March 4, 2026 (the “Schedule TO”), relating to the offer by Yext to purchase
for cash up to $140 million in value of shares of common stock, par value $0.001 per share (each, a “Share,” and
collectively, the “Shares”), of the Company at price of not less than $5.75 and not greater than $6.50 per Share, to
the seller in cash, less any applicable withholding taxes and without interest.
Yext’s
offer was made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 10, 2026, a copy of
which was filed as Exhibit (a)(1)(A) to the Schedule TO and as amended on February 23, 2026 and March 4, 2026 (together with such
amendments and supplements thereto, the “Offer to Purchase”), and the related Letter of Transmittal, a copy of which
was filed as Exhibit (a)(1)(B) to the Schedule TO (the “Letter of Transmittal” and, together with the Offer to
Purchase, the “Offer”).
The purpose of this Amendment is to amend and
supplement the Schedule TO. Only those items that are amended are reported in this Amendment. Except as specifically provided herein,
the information contained in the Schedule TO, the Offer to Purchase and the Letter of Transmittal remains unchanged. This Amendment should
be read together with the Schedule TO, the Offer to Purchase and the Letter of Transmittal.
Item 11. Additional Information
The disclosure in Item 11 of the Schedule TO is
hereby amended and supplemented by adding the following:
“On March 19, 2026,
the Company issued a press release announcing the preliminary results of the Offer, which expired at 5:00 p.m., New York City time, on
March 18, 2026. The full text of the press release is attached as Exhibit (a)(5)(D) to this Schedule TO and is incorporated
herein by reference.”
Item 12. Exhibits
Item 12 of the Schedule TO is hereby amended and supplemented by adding
the following exhibit:
EXHIBIT INDEX
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
| |
YEXT, INC. |
| |
|
|
| |
By: |
/s/ Ho Shin |
| |
Name: |
Ho Shin |
| |
Title: |
EVP & General Counsel |
Dated: March 19, 2026
EXHIBIT INDEX
| Exhibit |
|
| |
|
| (a)(1)(A) |
Offer to Purchase, dated February 10, 2026.* |
| |
|
| (a)(1)(B) |
Letter of Transmittal.* |
| |
|
| (a)(1)(C) |
Notice of Guaranteed Delivery.* |
| |
|
| (a)(1)(D) |
Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, dated February 10, 2026.* |
| |
|
| (a)(1)(E) |
Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees, February 10, 2026.* |
| |
|
| (a)(1)(F) |
Summary Advertisement, dated February 10, 2026.* |
| |
|
| (a)(2) |
Not Applicable. |
| |
|
| (a)(3) |
Not Applicable. |
| |
|
| (a)(4) |
Not Applicable. |
| |
|
| (a)(5)(A) |
Press release, dated February 2, 2026 (incorporated by reference to Exhibit 99.1 to the Company’s Current Report on Form 8-K filed February 2, 2026). |
| |
|
| (a)(5)(B) |
Press release announcing Tender Offer, dated February 10, 2026.* |
| |
|
| (a)(5)(C) |
Press release, dated March 4, 2026.* |
| |
|
| (a)(5)(D) |
Press release, dated March 19, 2026. |
| |
|
| (b) |
Credit Agreement, dated May 15, 2025, by and among the Yext, Inc., a Delaware corporation, the lenders from time to time party thereto and Acquiom Agency Services LLC, as Administrative Agent (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed May 21, 2025). |
| |
|
| (d)(1) |
Form of Indemnification Agreement between the Company and each of its directors and executive officers (incorporated by reference to Exhibit 10.1 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
| |
|
| (d)(2) |
2016 Equity Incentive Plan (incorporated by reference to Exhibit 10.2 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
| |
|
| (d)(3) |
Form of Stock Option Grant Notice and Stock Option Agreement under 2016 Equity Incentive Plan (incorporated by reference to Exhibit 10.3 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
| |
|
| (d)(4) |
Form of Restricted Stock Unit Agreement under 2016 Equity Incentive Plan (incorporated by reference to Exhibit 10.4 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
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|
| (d)(5) |
Form of Restricted Stock Agreement under 2016 Equity Incentive Plan (incorporated by reference to Exhibit 10.5 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
| |
|
| (d)(6) |
2017 Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.6 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
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|
| (d)(7) |
2008 Equity Incentive Plan (incorporated by reference to Exhibit 10.7 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
| |
|
| (d)(8) |
Form of Stock Option Grant Notice and Stock Option Agreement under 2008 Equity Incentive Plan (incorporated by reference to Exhibit 10.8 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
| Exhibit |
|
| |
|
| (d)(9) |
Form of Restricted Stock Unit Agreement under 2008 Equity Incentive Plan (incorporated by reference to Exhibit 10.9 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
| |
|
| (d)(10) |
Employee Incentive Plan (incorporated by reference to Exhibit 10.10 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
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|
| (d)(11) |
Hearsay Social, Inc. 2019 Equity Incentive Plan (incorporated by reference to Exhibit 4.2 to the Company’s Registration Statement on Form S-8 filed August 9, 2024). |
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|
| (d)(12) |
Amended and Restated Outside Director Compensation Policy (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q filed September 6, 2023). |
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|
| (d)(13) |
Change of Control and Severance Policy (incorporated by reference to Exhibit 10.14 to the Company’s Registration Statement on Form S-1 filed March 13, 2017). |
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|
| (d)(14) |
Form of Employment Agreement with the executive officers of the Company (incorporated by reference to Exhibit 10.15 to the Company’s Registration Statement on Form S-1/A filed March 17, 2017). |
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| (d)(16) |
Employment Agreement between Yext, Inc. and Michael Walrath (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K filed March 8, 2022). |
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|
| (d)(17) |
Form of Stand-Alone Inducement Restricted Stock Unit Agreement (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K filed March 8, 2022). |
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| (d)(18) |
Form of Performance-Based Restricted Stock Unit Agreement Under 2016 Equity Incentive Plan (incorporated by reference to Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q filed June 7, 2023). |
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| (d)(19) |
Letter Amendment to Employment Agreement between Yext, Inc. and Michael Walrath (incorporated by reference to Exhibit 10.24 to the Company’s Annual Report on Form 10-K filed March 13, 2024). |
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| (d)(20) |
Form of Restricted Stock Unit Agreement between Yext, Inc. and Michael Walrath (incorporated by reference to Exhibit 10.25 to the Company’s Annual Report on Form 10-K filed March 13, 2024). |
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| (g) |
Not Applicable. |
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| (h) |
Not Applicable. |
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|
| 107 |
Filing Fee Table.* |
* Previously filed.
