Ithaca L.P. reports 22,258,647 INFA shares cashed out in merger
Rhea-AI Filing Summary
Ithaca L.P., a director and 10% owner of Informatica Inc. (INFA), reported the disposition of its Class A common stock in connection with Informatica’s acquisition by Salesforce, Inc.. On 11/18/2025, Informatica merged with Phoenix I Merger Sub, a wholly owned subsidiary of Salesforce, and survived as a wholly owned subsidiary of Salesforce. At the merger’s effective time, each Informatica Class A share held by Ithaca L.P. converted into the right to receive $25.00 in cash, without interest, and Ithaca’s reported beneficial ownership of these shares became zero.
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Insights
Ithaca L.P. reports cash-out of Informatica stake at $25.00 per share.
The filing shows Ithaca L.P., a director and 10% owner of Informatica (INFA), reporting the disposition of its Class A common stock due to a completed merger with Salesforce, Inc.. Informatica merged with Phoenix I Merger Sub and became a wholly owned subsidiary of Salesforce at the effective time on
According to the disclosure, each share of Informatica Class A common stock held by Ithaca L.P. converted into the right to receive
This event reflects the mechanical execution of previously agreed merger terms rather than a discretionary open-market sale. Future company information for public investors will be driven by Salesforce, as Informatica is now a wholly owned subsidiary and no longer an independent public company based on this description.
FAQ
What did Ithaca L.P. report in the Informatica (INFA) Form 4?
Ithaca L.P. reported the disposition of its Class A common stock in Informatica Inc. (INFA) in connection with the company’s merger with a subsidiary of Salesforce, Inc.. The filing reflects that Ithaca’s reported beneficial ownership of these shares became zero after the merger’s effective time on 11/18/2025.
How many Informatica (INFA) shares did Ithaca L.P. dispose of and at what price?
Table I shows that Ithaca L.P. reported a disposition (Transaction Code D) of 22,258,647 shares of Informatica Class A common stock. Under the merger terms, each share held by Ithaca L.P. converted into the right to receive $25.00 in cash, without interest.
What is Ithaca L.P.’s relationship to Informatica Inc. (INFA)?
The filing identifies Ithaca L.P. as both a Director and a 10% Owner of Informatica Inc.. It also notes that Ithaca L.P. acts through its general partner, Ithaca G.P. Limited.
What transaction involving Informatica (INFA) and Salesforce is described?
The disclosure references an Agreement and Plan of Merger dated May 26, 2025 among Informatica Inc., Salesforce, Inc., and Phoenix I Merger Sub, Inc.. On 11/18/2025, Informatica merged with and into Phoenix I Merger Sub, with Informatica surviving as a wholly owned subsidiary of Salesforce.
What consideration did Informatica (INFA) shareholders like Ithaca L.P. receive in the merger?
At the merger’s effective time, each share of Informatica Class A common stock held by Ithaca L.P. converted into the right to receive $25.00 in cash, without interest. The filing applies this cash consideration to Ithaca’s reported holdings.
Who signed the Form 4 on behalf of Ithaca L.P. and Ithaca G.P. Limited?
The Form 4 was signed for both ITHACA L.P. and ITHACA G.P. LIMITED by Geerish Bissessur, identified as a Director for Ithaca G.P. Limited, which is the general partner of Ithaca L.P. The signatures are dated 11/18/2025.