Company: SNPS
Filing Date: 2025-07-17
Form Type: 425
Source: 0001140361-25-026140
Chunk: 1

Company: SYNOPSYS INC
Filing Date: 2025-07-17
Form: 425
Chunk 1
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 standards provided pursuant to Section 13(a) of the Exchange Act. ☐

| Item 1.01. | Entry into a Material Definitive Agreement. |

On July 15, 2025, Synopsys, Inc. (“ Synopsys”), ANSYS, Inc., a Delaware corporation (“ Ansys”), and ALTA Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Synopsys (“ Merger Sub”), entered into an amendment (the “ Amendment”) to the Agreement and Plan of Merger, dated as of January 15, 2024 (the “ Merger Agreement”), by and among Synopsys, Ansys and Merger Sub. Capitalized terms used herein without definition have the meanings specified in the Merger Agreement. The Amendment changed the End Date (as defined in the Merger Agreement) to August 15, 2025 and provided that if, on August 15, 2025, certain closing conditions were not satisfied or waived, then either Synopsys or Ansys could extend the End Date to November 14, 2025. Other than as expressly modified pursuant to the Amendment, the Merger Agreement remains in full force and effect as originally executed on January 15, 2024. The foregoing description of the Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amendment attached hereto as Exhibit 2.1 to this Current Report on Form 8-K, which is incorporated herein by reference.

| Item 2.01. | Completion of Acquisition or Disposition of Assets. |

On July 17, 2025, Synopsys completed its acquisition of Ansys pursuant to the Merger Agreement. Pursuant to the Merger Agreement, Merger Sub was merged with and into Ansys (the “ Merger”), with Ansys surviving the Merger as a wholly owned subsidiary of Synopsys.

At the effective time of the Merger (the “ Effective Time”), each share of common stock, par value $0.01 per share, of Ansys (“ Ansys Common Stock”) issued and outstanding immediately prior to the Effective Time (subject to certain exceptions) was converted into the right to receive (i) 0.3399 (the “ Exchange Ratio”) of a share of common stock, par value $0.01 per share, of Synopsys (the “ Synopsys Common Stock”) (the “ Stock Consideration”) and (ii) $