Company: YEXT
Filing Date: 2025-12-08
Form Type: 10-Q
Source: 0001628280-25-055819
Chunk: 334

Company: Yext, Inc.
Filing Date: 2025-12-08
Form: 10-Q
Item: Part I, Item 8
Chunk 334
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 adjustments as set forth in the Unit Purchase Agreement. The acquisition strengthens the Company's ability to provide best-in-class competitive intelligence, benchmarking, and AI-powered insights. The preliminary purchase price of $20.3 million was allocated to intangible assets including technology and customer relationships, totaling $5.6 million and $0.9 million, respectively, and the remaining $13.8 million was allocated to goodwill. The Company expects to finalize the valuation as soon as practicable, but not later than one year from the acquisition date. The goodwill recognized is deductible for income tax purposes.In connection with the acquisition, the Company also agreed to grant approximately $10.0 million of incentive equity awards to certain key employees of Places Scout. These awards are subject to continued employment and are expensed in the post-acquisition period over the requisite service period associated with the awards of two years. Pro forma results of operations for this acquisition were not presented as the effects were not material to the Company's financial results.

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5. Investments in Marketable Securities  

The following tables summarize the Company's investments in marketable securities: October 31, 2025(in thousands)Amortized CostUnrealized GainsUnrealized LossesFair ValueMoney market funds$28,433 $— $— $28,433 Commercial paper29,908 — (4)29,904 U.S. treasury securities29,845 5 — 29,850 Total marketable securities$88,186 $5 $(4)$88,187 January 31, 2025(in thousands)Amortized CostUnrealized GainsUnrealized LossesFair ValueMoney market funds$36,371 $— $— $36,371 Total marketable securities$36,371 $— $— $36,371   As of October 31, 2025 and January 31, 2025, the Company's marketable securities have a maturity of 90 days or less and are classified as cash and cash equivalents. During the nine months ended October 31, 2025 and 2024, the Company had no material reclassification adjustments from accumulated other comprehensive loss to net income.The Company classifies interest income on investments in marketable securities, amortization of premiums and discounts, and realized gains and losses on securities available for sale within interest income in the condensed consolidated statements of operations and comprehensive income (loss).The Company