Welcome to our dedicated page for Couchbase SEC filings (Ticker: BASE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to historical SEC filings for Couchbase, Inc., which previously traded on the Nasdaq Global Select Market under the symbol BASE. These filings document Couchbase’s regulatory history as a public software company before and through its acquisition by affiliates of Haveli Investments and subsequent transition to private ownership.
Key documents include Current Reports on Form 8-K that describe material events such as the June 20, 2025 Agreement and Plan of Merger with Haveli Investments and the completion of that merger on September 24, 2025. The Form 8-K filed on that date explains that Cascade Merger Sub Inc. merged with and into Couchbase, with Couchbase surviving as a wholly owned subsidiary of Cascade Parent Inc. It details the per-share cash consideration of $24.50 for each share of common stock, the treatment of restricted stock units, performance-based stock units and stock options, and the resulting change in control.
Filings also show the steps taken to remove Couchbase from the public markets. A Form 25-NSE filed on September 24, 2025, by the Nasdaq Stock Market LLC provides notification of the removal of Couchbase common stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. Subsequently, Couchbase filed a Form 15 on October 6, 2025, certifying the termination of registration of its common stock under Section 12(g) and the suspension of its duty to file periodic reports under Sections 13 and 15(d). The Form 15 notes an approximate number of holders of record of one as of the certification date.
Earlier periodic reports such as Forms 10-Q and 10-K (referenced in earnings press releases) contain management’s discussion and analysis, financial statements, risk factors and descriptions of non-GAAP financial measures, including annual recurring revenue (ARR), dollar-based net retention rate (NRR), non-GAAP gross margin, non-GAAP operating loss and free cash flow. These filings explain how Couchbase defined and used these metrics to evaluate its business performance.
Stock Titan’s platform surfaces these filings alongside AI-powered summaries that explain the structure and implications of documents such as 8-Ks, 10-Qs and 10-Ks in plain language. Users can quickly identify how the Haveli acquisition was structured, how equity awards were treated, and how delisting and deregistration were implemented via Form 25 and Form 15. For those researching historical insider and equity-related activity, the merger-related disclosures about RSU awards, PSU awards and stock options provide insight into compensation and ownership changes around the change of control.
Kevin Efrusy, a director of Couchbase, Inc. (BASE), reported a Form 4 disclosing a non-employee director restricted stock unit award and his beneficial holdings. One award of 420 restricted stock units was recorded as acquired on 09/15/2025; the units were scheduled to vest in full on that date but settlement has been deferred under the company’s non-employee director RSU deferral program. After the reported transaction, Mr. Efrusy directly beneficially owns 38,704 shares. The filing also discloses extensive indirect holdings through multiple Accel-related entities and the Efrusy Family Trust, including positions reported for Accel X L.P., Accel Growth Fund II entities and others, reflecting distributions that occurred in December 2023, January 2024, and March 2024 pursuant to Rules 16a-13 and 16a-9. The Form 4 was signed by Power of Attorney on behalf of Mr. Efrusy on 09/17/2025.
Couchbase director Lynn M. Christensen received and vested restricted stock units. The Form 4 reports an award of 398 restricted stock units that vested in full on 09/15/2025, each unit converting to one share of common stock upon vesting. The reported transaction shows an acquisition code with a $0 price, reflecting issuance of shares upon vesting rather than a cash purchase. Following the transaction, Ms. Christensen beneficially owns 12,218 shares of Couchbase common stock. The filing was signed by a power of attorney on behalf of the reporting person on 09/17/2025.
Richard A. Simonson, a director of Couchbase, Inc. (BASE), received 778 restricted stock units that fully vested on September 15, 2025. Each unit converts to one share of common stock upon vesting and the award was reported as acquired at $0 per share. After the transaction, Mr. Simonson beneficially owns 51,549 shares of Couchbase common stock. The Form 4 was signed by a power of attorney on September 17, 2025.
Couchbase, Inc. has announced that its acquisition by affiliates of Haveli Investments, L.P. is scheduled to close on September 24, 2025. This means Couchbase is moving toward becoming a privately held company controlled by Haveli-affiliated entities. The completion of the deal is still conditioned on the parties delivering certain customary closing items required under the merger agreement, so final closing depends on those conditions being met.
Couchbase, Inc. disclosed that its stockholders approved the Merger Agreement at a special meeting, with detailed vote counts recorded for the proposals presented. For the primary proposal, 45,485,223 votes were cast in favor and 93,694 opposed. A second proposal was also approved with 46,126,854 votes for and 86,059 against. A third proposal described in the proxy was rendered moot and not presented because of the approval of the primary proposal. The company attached a press release as Exhibit 99.1 announcing the outcome and incorporated it by reference.
Couchbase, Inc. reported interim financials and disclosures tied to a proposed merger with Cascade Parent Inc. The company had $142.2 million in cash, cash equivalents and short-term investments as of July 31, 2025 and stated short-term investments of $98.1 million and cash of $44.1 million separately. Revenue for fiscal 2025 totaled $209.5 million and for fiscal 2024 $180.0 million; revenue for the six months ended July 31, 2025 was $114.1 million versus $102.9 million a year earlier. The company recorded net losses of $74.7 million and $80.2 million for fiscal 2025 and 2024, respectively, and net losses of $41.5 million and $40.9 million for the six months ended July 31, 2025 and 2024, respectively, with an accumulated deficit of $606.8 million as of July 31, 2025. Remaining performance obligations were $270.7 million, with $160.3 million expected to be recognized in the next 12 months. The June 20, 2025 Merger Agreement sets a per-share cash consideration formula and termination fees of $42.0 million or $82.5 million depending on circumstances; the special stockholder meeting was scheduled for September 9, 2025 and closing is expected by year-end 2025, after which Couchbase would be delisted from Nasdaq. The company disclosed two related shareholder complaints and reiterated risks including competition, security, regulatory and execution risks.
Matthew M. Cain, Chair, President and CEO of Couchbase, Inc. (BASE), reported planned insider sales under a Rule 10b5-1 trading plan. The Form 4 shows two transactions: on 08/29/2025 he sold 5,542 shares at a weighted-average price of $24.3898 and on 09/02/2025 he sold 17,669 shares at a weighted-average price of $24.3823. The reported sales were made pursuant to a 10b5-1 plan adopted on 10/03/2024. Following the reported transactions Cain beneficially owned 847,407 shares after the first sale and 829,738 shares after the second sale. The form is signed by Margaret Chow by power of attorney on behalf of Mr. Cain on 09/03/2025.
Couchbase, Inc. filed a current report to share that it has released financial results for its fiscal second quarter ended July 31, 2025. The company issued a press release on September 3, 2025 announcing these results, and that release is furnished as Exhibit 99.1 to this report and incorporated by reference.
The filing is made under the results of operations and financial condition disclosure item and confirms that Couchbase’s common stock continues to trade on the Nasdaq Global Select Market under the symbol BASE.
Couchbase amended its proxy statement to update disclosures about the board's strategic review, financing discussions and valuation references. The Ad Hoc Strategy/Strategy Committee met repeatedly with management and advisers Morgan Stanley and Wilson Sonsini to review interest from several financial sponsors (including Haveli and Sponsor 3) and strategic acquirors; the committee instructed advisers to seek higher acquisition proposals and did not agree to exclusivity. Morgan Stanley added a selected public comparables analysis section and reported publicly available analyst price targets with a median of $22 and a range of $16.00 to $25.00. The filing also discloses a $102,150 retention bonus for CEO William Carey payable at merger closing, subject to continued employment.
Couchbase, Inc. (BASE) insider transaction: Matthew M. Cain, the company's Chair, President and CEO, reported a sale of 12,357 shares of common stock on 08/18/2025 at a weighted average price of $24.3469 per share under a Rule 10b5-1 trading plan adopted 10/03/2024. After the reported disposition, Mr. Cain beneficially owned 852,949 shares. The Form 4 was signed by Margaret Chow by power of attorney on 08/20/2025. The filer states the reported sale consisted of multiple transactions at prices ranging from $24.33 to $24.37 and offers to provide detailed price-by-price information on request.