Item 8.01 Other Events On January 10, 2022, Upland Software, Inc. ("Upland") issued a press release announcing the January 7, 2022, acquisition of Objectif Lune Inc., a corporation organized under the laws of Quebec ("Objectif Lune"), certain affiliated companies (the "Affiliates") and certain holding companies associated with the Sellers (the "HoldCos" and together with Objectif Lune and the Affiliates, the "Companies"), pursuant to a Share Purchase Agreement dated January 7, 2022, by and among Upland, 9457-5032 Quebec Inc., a corporation existing under the laws of Quebec and a wholly-owned subsidiary of Upland, the Companies, those persons listed in the share purchase agreement as Sellers, and 9070-7282 Québec Inc., solely in its capacity as the representative, agent and attorney-in-fact of the Seller. In connection with this acquisition, Upland also acquired certain assets from a United States based reseller of Objectif Lune's products.

The aggregate consideration paid for the Companies and the US reseller assets was $29.0 million in cash at closing (net of cash acquired), paid out of cash on hand, and a $5.3 million cash holdback payable in twelve months (subject to indemnification claims).




Item 9.01   Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.                     Description
  99.1                            Press Release of Upland Software, Inc. dated January 10, 2022
104                             The cover page from this Current Report on Form 8-K, formatted as
                                Inline XBRL

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