Rapid7, Inc. filings document the public-company disclosures of a Nasdaq-listed cybersecurity software and managed security operations provider. Recent Form 8-K reports cover operating and financial results, material agreements, executive and board-related governance matters, equity compensation arrangements, and capital-structure disclosures for Rapid7 common stock.
The company’s proxy materials address annual meeting matters, director elections, stockholder voting procedures, executive compensation, equity awards, board governance, and related corporate controls. Material-event filings also disclose financing arrangements, including a senior secured revolving credit facility, alongside exhibits and XBRL cover-page data tied to Rapid7’s reporting obligations.
UBS Group AG has fully exited its ownership position in Rapid7 (RPD), according to Amendment No. 2 to Schedule 13G for the event date 30 June 2025. The Swiss-based bank now reports 0 shares and 0% beneficial ownership of Rapid7 common stock, with no sole or shared voting or dispositive power. Because UBS and its subsidiaries UBS Financial Services Inc. and UBS Securities LLC now hold 5 percent or less of the class, they are no longer deemed a significant holder under SEC Rule 13d-1. The certification notes the securities were held in the ordinary course of business and not for the purpose of influencing control. While no prior stake size is disclosed in this filing, the complete divestiture could signal diminished institutional support; however, the document contains no commentary on Rapid7’s fundamentals or on UBS’s rationale.
Rapid7 has secured a new $200 million senior secured revolving credit facility through a Credit Agreement with JPMorgan Chase Bank and other lenders on June 25, 2025. The facility will be used for working capital, capital expenditures, permitted acquisitions, and general corporate purposes.
Key terms of the facility include:
- Interest rates based on SOFR or alternate base rate plus margin, varying with net leverage ratio
- Five-year maturity, with early maturity trigger if liquidity falls below $250M within 91 days of convertible notes' due dates
- Secured by substantially all assets of the company and guaranteed by wholly-owned material domestic subsidiaries
- Contains financial covenants on net leverage ratio and minimum interest coverage ratio
The facility includes both voluntary prepayment options without penalties and mandatory prepayment requirements if outstanding amounts exceed commitments. This new credit arrangement enhances Rapid7's financial flexibility while maintaining disciplined financial covenants.