CyberArk Stockholders Approve Proposed Acquisition By Palo Alto Networks

CyberArk (NASDAQ: CYBR), the global leader in identity security, today announced that its shareholders have voted to approve the previously announced acquisition of CyberArk by Palo Alto Networks ("PANW") at a special meeting of shareholders held on November 13, 2025.

The transaction is expected to close during the second half of PANW's fiscal year 2026, subject to the satisfaction of remaining customary closing conditions, including the receipt of regulatory approvals.

On July 30, 2025, CyberArk announced that it has entered into a definitive agreement under which PANW intends to acquire CyberArk in a cash-and-stock transaction for a per-share consideration of $45.00 in cash and 2.2005 shares of PANW common stock.